The lack of banks is impeding the saving culture among residents
in Nakaseke district.
Locals in Kapeeka Town Council can only access Mobile
Money services as provided by different Telecom Companies.
Any services requiring them to visit the bank is hampered and the problem is premised on the long distances they have to cover
to access them.
For instance, in Nakaseke’s neighboring district of Luwero, is
where banks such as Centenary, Stanbic, Equity and DFCU, have established branches,
which are considered as nearest to the populace in Nakaseke.
For a prospective bank customer in Nakaseke, like in Kapeeka
Town Council, to access any bank, they have to cover a distance of about 37
This calls for huge transport costs and time.
The problem has on several occasions seen concerned locals
appeal to local leaders and business communities, for the extension of banks to
In the same regard, Christians of St. Consolanta Kapeeka
Catholic Parish moved and petitioned the leadership of the Catholic Diocese of
Kasana-Luweero about the challenge of not having banks.
Speaking to Uganda Radio Network (URN), Matilda Namuwonge, a
resident of Kapeeka Town Council and a teacher at St. Jerome Cove Day and
Boarding Primary School still in Kapeeka town says the long distances they have
to travel, have failed many from embracing the saving culture by opening
accounts in banks.
//Cue in: "Bbanka eno egenda…
Cue out: ...temutusabira Centenary nnesembera."//
English //Cue in: "Very many Christians…
Cue out: ...bank their money."//
In a bid to address the problem, the Catholic Diocese of
Kasana-Luwero has earmarked 800 million shillings to construct a building to
house a bank branch in Kapeeka town.
Rt. Rev. Paul Ssemogerere, the Bishop of Kasana-Luwero diocese,
also doubling as the Apostolic Administrator of Kampala Archdiocese on Wednesday officiated at the groundbreaking ceremony.
While presiding over the event, the Prelate said that he
hopes the branch comes into force after 8 months time.
Rev. Fr. Deo Kibirango, the Kapeeka Parish Priest who is also
doubling as the coordinator on behalf of Centenary bank for the project concurs
According to Fr. Kibirango, the poor road network and costs of
accessing banks has prompted the construction of this building branch.
//Cue in: "Olugendo luno twava…
Cue out: ...eri abantu baffe."//
English //Cue in: "It has been…
Cue out: ...which they had."//
William Kalule, the Engineer for KAKITECH Builders and
Renovators, the construction company contracted to do the work says it hopes to
complete the task in 8 months.
Luganda //Cue in: "Ssente bwe zibaawo….
Cue out: ...wansi ne waggulu."//
English //Cue in: "The start has…