Ramathan Ggoobi

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

BoU turns to dollar sales as political warnings meet market pressure

Bank of Uganda sold foreign currency after rate rises failed to halt the shilling’s slide, despite warnings from Museveni and Ggoobi against using reserves

Delegates seated at long tables arranged in a U-shape in a yellow-walled conference room, facing a head table where Ruth Nankabirwa, in yellow, sits beside a man in a dark suit beneath a screen reading "Uganda National Mining Company: The 1st Annual General Meeting"

Uganda National Mining Company

Infighting, nepotism weigh on Uganda National Mining Company

The finance ministry has ordered a governance audit of the Uganda National Mining Company amid a dispute between its management and board

BoU turns to dollar sales as political warnings meet market pressure

Infighting, nepotism weigh on Uganda National Mining Company

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