By Ben Sebuguzi
We credit bank of Uganda for drastically reducing the bank rate from 15% to 9%
However, there are more challenges which are quietly eating up the pedigree of one the most important government institution due to poor management.
Poor youth found out that when Prof Mutebile got ill towards the 2016 elections where he was hospitalized for almost a year,speculators exploited the gap to rip off Ugandans as there was too much volatility of the shillings.
This means that when Mutebile coughs, BoU sneezes which exposes too much risk to the economy.
BoU leadership is lacking corporate governance which we want President M7 to find a lasting solutions as this might affect our international credit rating hence affecting FDIs.
Ben Sebuguzi is the SG Uganda Poor youth movement,
Team leader Youth power research.
