BUGANDA LAND BOARD IN PARTNERSHIP WITH BANK OF AFRICA

BLB, Managing Director Omuk. Kyewalabye Male (left) and Bank Of Africa head, Mr. Arthur Isiko  exchange documents after  a  signing ceremony at hotel Africana last week.  Looking on at the  extreme left is Princess Joan Nassolo while head legal, Barnabas Ndawula (at the back)   also witnessed this occasion.

Bank of Africa has partnered with Buganda Land Board  to register  tenants on Kingdom land especially those with land sales agreements.  Bank of Africa  became  the 15th financial institution to partner with Buganda Land  Board in facilitating clients on the Kingdom  land with loans to enable them  acquire lease titles  and  secure their tenancy.

The partnership according to the bank’s  Managing Director, Arthur Isiko will see both new and existing Bank Of Africa clients  register and process lease  titles with Buganda Land Board by acquiring ‘Funa Ekyapa’ loan  from  all BOA branches.

 Isiko revealed this during the launch of ‘Funa Ekyapa ne Bank Of Africa’ loan at Hotel Africana, recently. He said that registration and acquisition of land titles will enable clients secure their tenancy and  engage in sustainable development  on the Kingdom land.

He noted that  clients with such titles would  also stand a chance of presenting them to the  bank  as collateral  to widen opportunities of accessing larger loan amounts sufficient for their business  or personal financial needs.

The M.D called upon  all the Kingdom tenants  with untitled land especially in  areas like Kampala,  Wakiso, Mukono, Masaka, Mityana and others to register  it with BLB so that they can stand a chance of accessing  the  ‘Kyapa loan’ from bank of Africa for a future prospect.

During his presentation, Buganda Land Board Managing Director, Omuk. Kyewalabye Male emphasized the need  to  have proper documentation  on  land    because   it is the only  way to ensure a secured security of  tenure  and  therefore  a  steady  progress.

‘And that’s why  BLB  joined hands with financial institutions like Bank of Africa and others  so that we can help tenants on the Kingdom land access loans  to chase lease titles  for a secured tenure.  A  stable tenure  provides  a  stable future on which fruitful investments  can  thrive ’,  Omuk. Male pointed out.

Who We Are

Buganda Land Board is a Company that was entrusted to manage Buganda Kingdom land that was returned under the restitution of Assets and properties Act 1993, Cap.247 which included the 350 sq. miles and over 300 sq. miles returned in the agreement signed between the president of Uganda and His majesty the Kabaka of Buganda in August 2013.It has branches and service centers in all the 18 counties of Buganda to offer effective service delivery to all its clients.

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Contacts

For general information Please contact Buganda Land Board:
  1st Floor Masengere Building-Mengo
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  +256 312-263-741/2
  +256 730 363 742
  Tollfree:0800140140
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