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Equity Bank hands over Church House land title to Church of Uganda

Matooke Republic by Matooke Republic
August 22, 2024
in Business
Reading Time: 2 mins read
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Equity Bank officially handed over the land title for the Janani Luwum Church House to the Church of Uganda, signifying the final repayment of a Shs60 billion loan.

The event took place during the 27th Church of Uganda Provincial Assembly at Uganda Christian University in Mukono.

Elizabeth Mwerinde Kasedde, Executive Director of Equity Bank Uganda.

Elizabeth Mwerinde Kasedde, Executive Director of Equity Bank Uganda, presented the title to Archbishop Stephen Kazimba Mugalu, marking the culmination of a 40-year journey to complete the Church House project.

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“We are thrilled to release the title of Church House to the Church of Uganda and look forward to supporting more projects,” said Kasedde.

She added, “I’ve been looking forward to this opportunity to thank the leaders of the church, because they participated in this journey wholeheartedly.”

Archbishop Kazimba Mugalu.

Archbishop Kazimba Mugalu expressed gratitude to all who contributed to the milestone, including his predecessors and Equity Bank.

“I want to appreciate my fathers in the faith who came before me, because I am the 9th. This idea came during the time of Archbishop Eric Sabiiti and Archbishop Janani Luwum, where each one of them made a significant contribution. I also want to appreciate Archbishop Emeritus Henry Orombi, who approached Equity Bank, and they made a deal to give us a loan of Shs60 billion. Thank you very much, and now we receive our title and our building,” he said.

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