Business
Kisenyi residents advised to embrace development
Publish Date: Mar 14, 2014
Kisenyi residents advised to embrace development
Varghese Thambi, the Chief Executive Director Diamond Trust Bank (centre) opening Katwe branch. Photo by Andrew Masinde
  • mail
  • img
newvision

By Andrew Masinde

Residents of Kisenyi in Kampala have been called upon to welcome development brought in by private investor because it is for their own benefit. 
 
The call has been made by deputy director revenue collection KCCA, Julius Kabago during the launch of the new branch of Diamond trust Bank at USAF market in Katwe.
 
He said that it is from the private investors that KCCA is able to get taxes that help develop the city. 
 
“We need fly overs in our city to reduce the jam, more good roads, health centres and other developments. So if we come requesting for your support in case we have brought people to develop your areas, please cooperate with us, it is not for KCCA’s benefit but for all Ugandans,” Kabago said.
 
He cited examples of USAF market and USAF which people resisted initially but today are benefiting through getting job.
 
Varghese Thambi, the chief executive director DTB said this is a good opportunity for people’s money to be safe. 
 
“Whenever people move with money from one place to another, chances are high that the money could be stolen. That’s why I am calling upon all people in Kisenyi to use banks to save their money, and I believe it is safer than keeping it in your house,” said Thambi.
 
Varghese Thambi, the Chief Executive Director DTB (C) cutting cake after launching Diamond Trust bank, Katwe branch
 
Musa Muleme, the LCI chairman Katwe zone thanked DTB for bringing their services in the area saying that people have been losing money because they lacked safe places to keep it.
 
“Katwe is a place where you expect someone to robe you any time, and with the bank coming to our area we hope theft is going to reduce. I call on residents to keep their money in the bank because it is safe there, “Muleme said
 

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
EADB to fund more projects in Uganda
The East African Development Bank (EADB) has received credit worth $40m (about sh104b) from the African Development Bank (AfDB) to finance infrastructure, manufacturing, tourism, agriculture, transport, education and health projects...
Quacks in construction industry a big threat to Vision 2040
Players in the construction industry have asked the Government to regulate it, saying increasing numbers of quacks will affect efforts to attain the Uganda Vision 2040....
NSSF to save Uganda Clays from collapse
It is now or never for Uganda Clays Limited (UCL). The National Social Security Fund (NSSF) has announced that it will convert a sh16.7b loan to UCL into equity in a bid to secure the company’s future....
UAE Exchange Uganda celebrates, brand turns 34 globally
UAE Exchange Uganda joins its global family in celebrating the 34th anniversary of the brand coming into existence...
Former health ministry accountant to go on trial over illicit enrichment
The Constitutional Court has ruled that the prosecution of former principal accountant, Ministry of Health, Nestor Machumbi Gasasira, should proceed in the Anti-Corruption Division of the High Court....
Martin Aliker is new NIC chief
Dr. Martin Aliker, the senior presidential adviser on special duties, has been appointed the acting chairman of the National Insurance Corporation, following the death of the chairman, Dr. Remi Olowude, last month....
Should diplomatic passports issued to ex-govt workers be with drawn?
Yes
No
Can't Say
follow us
subscribe to our news letter