Kabaka of Buganda Ronald Muwenda Mutebi II to open Buganda bank

 The Kabaka of Buganda Ronald Muwenda Mutebi II nowadays is interested in nothing but development. As usual the Kabaka is proving that he is a man of few words but actions.

 After making a joint deal with a Kampala Businessman Sebalamu to build ‘Freedom city’ shopping mall in Namasuba PWD zone, the Kabaka now wants to start up a bank on his new arcade in Katwe.

The Kabaka’s arcade is called Muganzirwaza. A source in Mengo, a seat of theBugandaKingdomtold us that the Kabaka will use some of the rooms of Muganzirwaza to house Buganda bank.

 We hear that preparations for Buganda to start own bank are in high gear and that the Katikkiro of Buganda, JB Walusimbi is in charge of making all the arrangements for the Bank to start. We shall give you more details as the all process matures.

By Moureen Nakyanzi

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