Governor Mutebile Comments About his 'Failing Health'

4236 Views Kampala, Uganda

In short
The question was in relation to reports in todays copy of The Red Pepper claiming that the Governor was seriously ill and living off a life-saving machine. Governor Mutebile, in his usual candidness, retorted that as all and sundry could see he was well. He faulted the The Red Pepper for trading in falsehoods.

The Bank of Uganda Governor Emmanuel Tumusiime-Mutebile has for the first time publicly spoken on his alleged "failing health".
 
While fielding questions from journalists after announcing the Monetary Policy Statement for October 2016, Governor Mutebile was asked pointedly to comment on his health situation.
 
The question was in relation to reports in today's copy of The Red Pepper claiming that the Governor was seriously ill and living off a life-saving machine.
 
Governor Mutebile, in his usual candidness, retorted that as all and sundry could see he was well. He faulted the The Red Pepper for trading in falsehoods.
 
//Cue in: On my health …
Cue out: … it to them."//
 
The health of the Governor has been corridor talk for a while, especially after he was hospitalised in South Africa early last year.
 
But since then, he has been performing his duties and functions well, even attending rigorous events like public dialogues.
 
Governor Mutebile is highly revered and is credited for the prudent and effective monetary policy performance in Uganda.
 
The world over, central bank governors are so important and crucial to the extent that their health situations are very sensitive, even affecting the performance of stock markets, the economy and even politics.
 
In the United States, for example, any word from the former Chairman of the Federal Reserve Alan Greenspan was closely watched, earning him the phrase "If Greenspan Sneezes, the Wall Street Catches a Cold". The Wall Street is the United States biggest stock market.
 
The US and global markets would react either positively or negatively before, during and after any pronouncements by Greenspan.
 

 

Mentioned: tumusiime-mutebile

About the author

David Rupiny
In his own words, David Rupiny says, "I am literally a self-trained journalist with over 12 years of experience. Add the formative, student days then I can trace my journalism roots to 1988 when as a fresher in Ordinary Level I used to report for The Giraffe News at St Aloysius College Nyapea in northern Uganda.


In addition to URN for which I have worked for five years now, I have had stints at Radio Paidha, Radio Pacis, Nile FM and KFM. I have also contributed stories for The Crusader, The New Vision and The Monitor. I have also been a contributor for international news organisations like the BBC and Institute for War and Peace Reporting. I am also a local stringer for Radio Netherlands Worldwide.


I am also a media entrepreneur. I founded The West Niler newspaper and now runs Rainbow Media Corporation (Rainbow Radio 88.2 FM in Nebbi). My areas of interest are conflict and peacebuilding, business, climate change, health and children and young people, among others."