The Church of Uganda has been advised to stop seeking donations but strive for its own financial independence.
This advice was given yesterday by Dr James Mwangi, the Chief Executive Officer of Equity Bank Holdings while addressing the 26 Provincial Assembly held at Uganda Christian University, Mukono.
He observed that the Church needs to develop a business model that is totally different from the colonial model of receiving grants and donations.
According to Dr Mwangi, Church growth and sustainability can only be achieved through establishing institutions that are able to support its activities.
Dr Mwangi says the secret to achieving financial independence and growth is through proper leadership management, promoting a culture of innovation and continuity, and building broad-based developmental alliances and partnerships.Dr.Mwangi on independence…
The Archbishop of the Church of Uganda Dr Samuel Stephen Kaziimba Mugalu has appealed to the Provincial Assembly to consider Dr Mwangi’s advice as they deliberate on crucial matters to achieve stable financial stability for the Church. Dr. Kazimba speaking….
Dr Kaziimba acknowledges that the Church faced a strong crisis during the COVID-19 lockdown due to unstable financials. END.