Kasekende pleads with appointing authority to have his BoU contract renewed

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The deputy governor of Bank Of Uganda Dr Louis Kasekende wants his contract which expires on January 20, 2020 renewed.

Kasekende has been pleading with the powers that be to have his contract renewed but his pleas have been falling on deaf ears.

In a letter to the minister of Finance, Matia Kasaija, Kasekende writes: “As requested, the submitted dossier is justification for contract renewal as deputy governor Bank of Uganda which expires on 13th January 2020.”

The letter is dated January 3 and comes after Kasekende has made numerous efforts to convince the powers to give him another shot at the coveted job.

Kasaija has already indicated that Kasekende’s fate is out of his hands.

“I cannot act either way without the president giving me a blessing. Ideally the president is the minister of Finance,” Kasaija said last week.

State House Speaks Out

Senior presidential spokesman, Mr Don Wanyama, told a local website that Dr Kasekende must wait for his appointing authority to find it necessary to respond to his desire to renew his contract.

“The president will respond at his own time”, Mr Wanyama said.

The Deputy Governor’s job at Bank of Uganda hangs in balance as President Yoweri Museveni hasn’t given a green light to the renewal of his third contract at BoU.

While responding to an inquiry on the status of the letter Finance Minister Matia Kasaija recently wrote to the president about renewing Dr Kasekende’s contract, Mr Wanyama asked rhetorically, “did he also give him the deadline on when to respond?”

Dr Kasekende, 61 assumed office as Deputy Governor in January, 2010 and his contract ends on January 13th.

It is understood that Mr Museveni’s silence on the renewal of Kasekende’s contract means he is not impressed with the work of the deputy governor at BoU.

It has been revealed in the media that BoU work has suffered from cliques at the Central Bank that fight to bring each other down. The two camps are allied to either the Governor and his Deputy.