Church of Uganda [CoU] has seen her multi-billion commercial house located in the heart of Kampala launched for business.
In his message to CoU leadership on Friday at the commissioning and launch, read on his behalf by Prime Minister, Dr. Ruhakana Rugunda, President Museveni congratulated the Church.
“Today is a day of thanksgiving. I thanked the government of Uganda for the peace in the country that “has enabled us to reach this milestone,” calling Church House a “peace dividend,” the Archbishop, the Most Reverend Stanley Ntagali said.
Mr. James Mwangi, the Group CEO of Equity Bank, came especially from Kenya for the function. He said, “This has been a project of faith. If you never had the dream, you wouldn’t be here. Thank you for trusting us [Equity Bank] with the dream, and I want to encourage all the Bishops here that this dream can be replicated in all the dioceses.”
There were also other significant dignitaries who attended the function, including the Rt. Hon. Matia Kasaija, the Minister of Finance, Hon. Ben Luwum and his wife, the son of the martyred Archbishop Janani Luwum for whom Church House is named.
Hon. Shem Bageine, the General Secretary of the Uganda Joint Christian Council, retired Archbishop Henry Luke Orombi and Mama Phoebe, the Group CEO of Equity Bank, the Board of Directors of the Church Commissioners Holding Company Limited, the Board of Trustees of the Church of Uganda (who is also the House of Bishops), retired Bishops and their wives, the Managing Director of Cementers, the Contractor, and many others.
Church House is a 16-floor commercial office building located on Plot 34 on Kampala Road, directly opposite the Bank of Uganda. Equity Bank has already moved their head office operations to the first five floors and is the anchor tenant in the building.
Space is still available for lease and is being managed through Bageine & Company Limited, the Letting Agent.
Change of name
During the 23rd Provincial Assembly, held on 25th August 2016, the Church of Uganda resolved to name the building “Janani Luwum Church House,” in honor of Archbishop Janani Luwum who whole-heartedly embraced the project during his three-year tenure as Archbishop in the early 1970’s.
The concept for Church House as a commercial real estate enterprise began in 1965 and was originally to be built on Shimoni Road. When the Bank of Uganda proposed to take over the Shimoni Road site, that property was exchanged for Plot 34 on Kampala Road in 1972. The Church House Company was registered in 1971 as a Private Limited Company.
How money was raised
Fundraising for Church House went to the grassroots of the church, including every primary and secondary school student making contributions. The significant devaluation of the Ugandan shilling during the 1970’s and 1980’s was a major setback, however, to moving forward with construction.
The needed breakthrough came in 2010 when the Trustees of the Church of Uganda entered into a loan agreement with Equity Bank to fund the almost $17 million construction cost.
The Church of Uganda agreed to raise 30% of the construction cost, and Equity Bank financed the balance through a $10 million loan and a 5 billion shilling loan. The loan had a two-year grace period during which time the Church of Uganda paid only the interest on the loan.
Construction began in December 2010 with an estimated timeline for completion by December 2012. There were construction delays, as well as an 18-month conflict among service providers that stalled construction progress. The conflict was resolved in July 2014. After the Church of Uganda Provincial Secretariat conducted a prayer walk through the building, construction resumed, albeit with further delays for unforeseen reasons.
Archbishop Ntagali thanked His Excellency the President, Equity Bank, Cementers for their work as the Contractor, all of his predecessor Archbishops who carried the Church House baton, especially Archbishop Henry Luke Orombi, who traveled to Nairobi and signed the MOU with Equity Bank.
He thanked all the various Board members of the Church House Company and their CEOs over the years, Watoto Church, all Bishops, Dioceses, and Christians who contributed, with special appreciation given to Canon Joram Kahenano, the CEO of the Church Commissioners Holding Company Limited, who oversaw the final phase of construction.
In his remarks, the President said, “I heartily congratulate the Church of Uganda on this accomplishment of a dream come true. This is a significant contribution to our economy, manifested in this imposing building in Kampala’s skyline. I officially commission Janani Luwum Church House.”