Matooke Republic
Sunday, May 3, 2026
  • 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

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
Share on FacebookShare on Twitter

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.

RELATED POSTS

Uganda told to urgently align education system with AI skills demand

First oil transition takes focus at Oil and Gas Convention, banks urged to seize operational opportunities

“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.

Related

Tags: Church HouseChurch of UgandaEquity Bank
Share3Tweet2Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

Equity Group posts record Ksh75.5 billion profit

by Matooke Republic
2 months ago

...

Equity Bank earns top honours for Crisis Communication and Digital Innovation

by Matooke Republic
5 months ago

...

From Left to Right: Equity Group Non-Executive Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi, and Equity Bank Tanzania Managing Director, Isabela Maganga, during the Q3 2025 Investor Briefing event. Equity Group Holdings Plc posted a 32% growth in Profit After Tax to Kshs. 54.1 billion, up from Kshs. 40.9 billion in the same period last year, marking another quarter of strong performance and resilience.

Equity Group records 32% growth in profit after tax for Q3 2025

by Matooke Republic
6 months ago

...

Rt. Rev. Sarah Mullaly.

Why Church of Uganda has rejected appointment of Bishop Sarah Mullaly as new Archbishop of Canterbury

by Matooke Republic
7 months ago

...

Equity Bank awards Mr. John Magara, owner of Hoima Buffulo Hotel and Business Hub Limited- SME Business Influencer Award.

Equity Bank concludes ‘Tupange Business Ne Equity’ campaign in Hoima, empowering local SMEs

by Matooke Republic
8 months ago

...

Next Post
Eddy Kenzo.

Eddy Kenzo's presidential appointment sparks mixed reactions

Kabira receives 2024 Tripadvisor Travellers Choice Award

EC EC EC

RECOMMENDED

Johnnie Walker, She Walks Celebrates Female CEOs with an Exclusive High Tea Experience

May 2, 2026

Uganda told to urgently align education system with AI skills demand

May 2, 2026

MOST VIEWED

  • Museveni’s granddaughter Sasi Karugire holds Kuhingira ceremony

    43 shares
    Share 17 Tweet 11
  • PICTORIAL: Inside President Museveni’s granddaughter Nsasiirwe Karugire’s Kuhingira Ceremony in Kashari

    40 shares
    Share 16 Tweet 10
  • Why government is banning daycare services in nursery schools and kindergartens

    33 shares
    Share 13 Tweet 8
  • Museveni’s granddaughter Tasha Kunzi Karugire gets engaged

    87 shares
    Share 35 Tweet 22
  • Serena Hotel staff remanded over alleged theft of Shs45.6 million gift money meant for South Sudan President

    9 shares
    Share 4 Tweet 2
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.