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Mutebile's New Term Hailed.

New Vision (Uganda)

| January 20, 2006 | COPYRIGHT 2008 AllAfrica Global Media. (Hide copyright information)Copyright

(From New Vision (Uganda) - AAGM)

Byline: Sylvia Juuko

PRESIDENT Yoweri Museveni's highly-anticipated re-appointment of Emmanuel Tumusiime Mutebile as governor of the central bank for another five-year term sends a positive signal to the business community, economists have said.

Fred Muhumuza, a research fellow at the Economic Policy Research Centre at Makerere University, said, "The re-appointment is probably in recognition of his stand on macro-economic stability, which is fundamental in this transition period."

Muhumuza said a sound banking system, stable inflation and …

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