Priests of Mbarara Diocese in Western Uganda have been urged to embrace financial management as a means to grow and develop parish projects and drive accountability.
This call was made during a financial literacy training session that was conducted by Centenary Bank recently through its corporate social responsibility program.
Holding one-third of the banking population of Uganda, Centenary Bank aims at equipping its customers including SME’s, special interest groups, investment & women clubs across the country with financial management skills.
Some of the key areas the bank trained the priests on included: strategies on how to start, sustain, develop and grow parish projects, stakeholder analysis centred on leveraging relationships to build beneficial networks, books & record keeping, taxation and compliance among others.
In 2018, the Bank held a number of financial literacy engagements across the country covering the Eastern, Northern and central regions.
The bank has financial literacy high on its agenda with the aim of equipping individuals, business owners and communities with the requisite skills and knowledge to make informed decisions with their financial resources.