History of Uganda (1971–79) to early 1971, Milton Obote's regime had terrorized, harassed, and tortured people. Frequent food shortages had blasted food prices through the ceiling. Obote's persecution of Indian traders had contributed to this. During Obote's regime, flagrant and widespread corruption had emerged. The regime was disliked, particularly in Buganda where people had suffered the most. By January 1971, Milton Obote, then President of Uganda, was prepared to rid himself of the potential threat posed by Idi Amin. Departing for the 1971 Commonwealth Heads of Government Meeting at Singapore, he relayed orders to loyal Langi officers that Amin and his supporters in the
Governor of the Bank of Uganda founded in 1966. Governor of the Bank of Uganda The Governor of the Bank of Uganda is chief executive officer and the chairman of the board of directors of the Bank of Uganda. The current governor is Emmanuel Tumusiime-Mutebile, who was first appointed to this position on 1 January 2001, and was re-appointed for a second five-year term on 1 January 2006. In November 2010, he was re-appointed for a third five-year term, effective 12 January 2011. The Bank of Uganda Act stipulates that the Governor and Deputy Governor of the Bank of Uganda shall be appointed by the President