Shock As Fake Shs100,000 Note Goes Viral


This follows Bank of Uganda governor Tumusiime Mutebile pronouncement he would print the note if inflations does not go down by June next year. Mutebile told Parliament early this week he would not hesitate to introduce the note, information pills sparking national outrage.

Hundreds, online if not thousands, are using the picture to pour out their rage against the mismanagement of the economy.

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The picture shows a new note with bold CB letters in the midst, just a few centimetres away from President Yoweri Museveni’s mag shot.

Internet users say something must be urgently done to stop Mutebile from printing the Shs100,000 note. Most economists say the note will worsen the already soaring inflation and see the country tow the Zimbabwe line.

Lisa Irumba says: “That face, talk about it.”

Mark Kayondo says: “Let it be that, but that face.”

Doryn Kimbugwe says: “I wish I don’t receive that note or even come across it anywhere. God forgive me.


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