Matooke Republic
Friday, May 9, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Kasekende saga: World Bank’s Anne Kabagambe called out for racism

Matooke Republic by Matooke Republic
January 21, 2020
in News
Reading Time: 3 mins read
30
SHARES
Share on FacebookShare on Twitter

World Bank’s Executive Director for Africa Group Anne Kabagambe has been called out for racism over remarks she made on Twitter in relation to Bank of Uganda’s former Deputy Governor Louis Kasekende leaving office.

Kasekende’s contract expired last week his efforts to lobby the appointing authority President Yoweri Museveni to renew his contract were unsuccessful. Kasekende fancied himself as the next Governor as current Governor Tumusiime Mutebile’s contract runs out in January next year but he was so near, yet so far as his contract wasn’t renewed.

Bank of Uganda confirmed Kasekende’s exit in a tweet where they shared a story of his farewell to staff. World Bank’s Kabagambe replied to the tweet with a racial statement. “The Indian Sudil (Sudhir Ruparelia) lobbied him out of office,” she tweeted.

RELATED POSTS

How to transfer your voting location

Why displaying the National Voters Register matters

Sudhir was quick to call out her poor conduct of using a racial card; “What a racist, yet working as a director at the World Bank… Birds of the same feather,” tycoon Sudhir Ruparelia replied.

“Why play a racial card @akabagambe? Is Dr @SudhirRupareli1 part of the appointing authority? I’m disspointed in you @akabagambe,” tweep Geoffrey Baluku replied.

Dr. Sudhir Ruparelia, a former Vice Chairman of Crane Bank, one of the seven banks that both the Auditor General and a Parliament probe found to have been irregularly closed and taken over played a role in exposing the rot in Bank of Uganda when he won a landmark case against the central bank.

Apart from linkage to corruption and collusion in bank take overs, BoU has been embroiled in several sagas in the recent past including suspicion of printing extra cash for personal benefit, when a plane chartered to fly in newly printed currency notes arrived in the country with five extra pallets.

The sagas coupled with the bad blood between Governor Mutebile and his Deputy Kasekende that led to factions in the central bank could have played a role in President Museveni choosing not to renew Kasekende’s contract to restore public confidence in the central bank.

Kasekende’s colleague, World Bank’s Kabagambe made the racist remarks adding that Sudhir could have played a big role in ensuring his (Kasekende’s) contract was not renewed.

It has not gone down well with the general public for Kabagembe, a person holding an international office to use racial slurs on one of the eminent Ugandans. Tycoon Sudhir Ruparelia, the richest man in the country with a fortune that has been valued at $1 billion by Forbes was born in Kasese in Western Uganda 64 years ago. He is by far the biggest real estate developer in the country and his businesses spanning hospitality, education, media, real estate and agriculture employ more than 7000 Ugandans.

Related

Tags: Anne KabagambeBoUDr Louis KasekendeWorld Bank
Share16Tweet6Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Parliament approves Shs2 trillion World Bank loan to urbanise Kampala city

by Matooke Republic
2 years ago

...

MP Asuman Basalirwa.

MP Basalirwa threatens to sue World Bank over loan suspension

by Matooke Republic
2 years ago

...

Bobi Wine reacts to World Bank’s loan suspension over Anti-Homosexuality law

by William Kasoba
2 years ago

...

Court dismisses “incompetent application” by BoU to drop fraudulent and wrongful closure case brought against it by defunct Greenland Bank shareholders

by Matooke Republic
2 years ago

...

BoU warns public against using cryptocurrencies to transact businesses, says it’s illegal

by Matooke Republic
3 years ago

...

Next Post

Tamale Mirundi weighs in on Judith Babirye’s failed marriages, says she is cursed

Sheebah’s pad company to have 80% of its employees women, to offer free pads to the unprivileged girls in schools

RECOMMENDED

How to transfer your voting location

May 9, 2025
Pope Leo XIV

Explained: How Popes choose their names—and Why the New Pontiff is Pope Leo XIV

May 9, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Afande Sam Omara.

    Battle-hardened retired police officer Afande Sam Omara is dead

    65 shares
    Share 26 Tweet 16
  • Suspended Police Commander found dead in septic tank at his residence in Kyengera with a rope around his neck

    56 shares
    Share 22 Tweet 14
  • Rajiv Ruparelia’s weeklong wedding on in London  

    82 shares
    Share 33 Tweet 21
  • Tycoon Sudhir Ruparelia gifts son Rajiv a McLaren 765LT Spider valued at about Shs1.7 billion

    84 shares
    Share 34 Tweet 21
  • How to apply for Digital Number Plates for New Vehicle Registrations

    318 shares
    Share 127 Tweet 80
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.