Mutebile to ‘burn speculators’

By Patrick Kagenda

Central bank governor Tumusiime Mutebile has once again warned market speculators to stop disrupting the financial markets or else he takes action against them. Addressing the media during the monthly briefing on economic and financial indicators for the month of May at the bank last week, Mutebile said, “Bank of Uganda will not hesitate to enter the market to tame speculation.

I warn the speculators that I have the capacity to burn their fingers”. Mutebile who

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