PHOTO: The chairman of Buganda Land Board Eng. Martin Kasekende (2nd left) and the Managing Director Centenary Bank Fabian Kasi (2nd from right) after signing MOU. Middle is Owek Patrick Luwagga Mugumbule, Speaker Buganda Lukiiko
NEWS EDITOR MEDIA
CENTENARY Bank and Buganda Land Board (BLB) have signed a Memorandum of Understanding (MOU) to enable seamless land title processing for the bank’s customers.
In this arrangement, Buganda Land Board a professional organisation set up by His Majesty Kabaka to manage and protect Kingdom land will offer survey and title processing services for all bank customers that want Kyapa Loans from the central region.
Speaking at the MOU signing held at the bank’s head offices on Mapeera building, Kampala road, the Managing Director Centenary Bank Fabian Kasi recognized Buganda Land Board’s experience in the land management sector as one of the reasons they have sought their services.
“It’s a pleasure to have this MOU signing with Buganda Land Board as we work towards simplifying the life of our customers seeking to acquire land titles. This partnership will see both the bank and Buganda Land Board synergize in matters pertaining acquisition of land.” Said Mr. Fabian Kasi.
The chairman of Buganda Land Board Eng. Martin Kasekende appreciated Centenary bank for the vote of confidence in the organization’s capacity to handle all land-related matters.
“We consider ourselves a one-stop-centre on land matters because of our expertise in this sector that spans more than 28 years. We promise Centenary Bank and its many clients that we will not break their trust,” Said Eng. Kasekende.
He revealed that, this memorandum serves to concretize the longstanding relationship Buganda Land Board has with Centenary Bank under the Lease Access Financing Initiative where people on Kabaka’s land acquire land titles not by paying a lumpsum but through affordable installments.
According to Kasekende, Buganda Land Board now has a fully-fledged department that handles people on land other than Kabaka’s who are the main target of this new arrangement.
The event was officiated by the Buganda Lukiiko Speaker Owek. Patrick Luwagga Mugumbule who represented the Katikkiro while the Director Land Management at the Ministry of Lands Naome Kabanda attended on behalf of the ministry.
Ms Kabanda applauded Buganda Land Board for its professionalism in land management and promised government’s technical support in this new arrangement.
ABOUT BUGANDA LAND BOARD
Kabaka set up Buganda Land Board (BLB), a professional body, to manage land and property returned under the Restitution of Assets and Properties Act of 1993.
Such property includes among others; The Bulange, The Lubiri at Mengo, The Butikkiro, The Buganda Court Building, Kabaka’s official 350 square miles of land, Namasole’s 10 square miles of land, Bannaalinnya’s Land, Kabaka’s lake, Former Omulamuzi and Omuwanika’s Official Residencies at Mengo, Land Adjacent to The Mengo Lubiri on which Buganda Ministrial Houses used to stand, all Bassekabaka’s Tombs, Buganda Works Building at Kakeeka, Basiima House and Nnaalinya’s House at Lubaga.
Furthermore, the assets under BLB mandate extend to include all those as outlined by the M.O.U between the President of Uganda and His Majesty the Kabaka. They include the former estates of Buganda Kingdom comprising:
● Land in urban centres or towns
● Land where former administration headquarters i.e Counties and Sub-counties were situated
● Land not claimed, utilized or occupied any lawful or bonified occupant.
● Land on Mityana Road (Jjeza Farm)
● Former Buganda Kingdom Markets
Buganda Land Board has branches and service centres in all the 18 of Buganda counties to offer effective service delivery to all it’s clients.
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