Uganda, Oct. 18 -- The governor of the Bank of Uganda (BoU), Emmanuel Tumusiime-Mutebile, has a dazzling array of awards to his name, and enumerating them requires a fair bit of time.
I will take a quick look at the awards and then pose the million-dollar question: How can an award-winning governor be the same man in charge of an institution that does not seem to know what is happening in the commercial banks it supervises?
In 2005, Mr Tumusiime-Mutebile was named the recipient of the Kikonyogo Capital Markets Award (named after his predecessor Charles Nyonyintono Kikonyogo). In 2009, Nkumba University awarded him an honorary doctorate-and Dr Maggie Kigozi, the university's chancellor at the time, said the governor received the degree bec...