Reports coming from various sources indicate that the Bank of Uganda governor Emmanuel Tumusiime Mutebile has passed on this morning hours at Nairobi Hospital.
He has been the governor of Uganda’s central bank, the Bank of Uganda. since 01 January 2001. Mutebile was re-appointed for a second five-year term on 01 January 2006. Mutebile served as secretary to the treasury from 1992 to 2001 when he was appointed governor.
One of the senior journalists Andrew Mwenda posted “Emmanuel Tumusiime Mutebile, this great architect of Uganda’s economic recovery, this titan of our banking industry, this intelligent, magnanimous and generous soul, this friend of all and enemy of no one, rested this morning at 5.30 am. RIP my friend! You have been a true giant!”
The great economist was earlier this month rushed to Nairobi due to diabetic-related illness. He collapsed during new years eve.
Mutebile, 72, has been the brain behind crafting and implementing Uganda’s economic policies for decades.
He worked as a consultant for various organizations including the World Bank, International Monetary Fund, Organization for Economic Cooperation and Development, Macroeconomic and Financial Management Institute of East and Central Africa, UK Department for International Development, the North-South Institute in Canada, and for the governments of Rwanda, Kenya, Tanzania, Eritrea, and Nepal.