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Buganda Investments and Commercial Undertakings Limited

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Buganda Investments and Commercial Undertakings Limited
Company typePrivate
IndustryFinance & Investments
Founded1993
HeadquartersKampala, Uganda
Key people
Stephen Mwanje
Chairman
Roland Sebuwufu
CEO[1]
ProductsReal estate, hotels and resorts, broadcasting companies, shopping malls
WebsiteHomepage

Buganda Investments and Commercial Undertakings Limited (BICUL), is a holding company of the investment and business entities, owned by the Kingdom of Buganda,[2] a constitutional monarchy in modern-day Uganda Kabaka of Buganda[3]

Location

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The headquarters of BICUL are located in the Bulange building, in Lubaga Division, about 4.5 kilometres (3 mi) west of the central business district of Kampala, the capital and largest city in the country.[4] The coordinates of the headquarters of BICUL are 0°18'36.0"N, 32°33'30.0"E (Latitude:0.310007; Longitude:32.558333).[5]

Overview

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BICUL is the investment arm of Buganda Kingdom. The Kingdom's investments include real estate developments,[6] media houses and other joint ventures.[7]

Subsidiaries and associated companies

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The companies that comprise BICUL include the following:[8]

  1. Central Broadcasting Service, 88.8 FM and 89.2 FM
  2. Buganda Broadcasting Services- Majorly a luganda television station.
  3. K2 telecom
  4. Buganda Cultural and Development Foundation (BUCADEF), an NGO
  5. Buganda Heritage & Tourism Board
  6. Namulondo Investments Limited
  7. Majestic Brands Limited
  8. Muteesa 1 Royal University

See also

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References

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  1. ^ BICUL (24 July 2016). "BICUL Board Members". Kampala: Buganda Investments and Commercial Undertakings Limited. Retrieved 24 July 2016.
  2. ^ Nakaweesi, Dorothy (8 April 2015). "Buganda, Chinese firm to build housing units". Daily Monitor. Kampala. Retrieved 24 July 2016.
  3. ^ BICUL (24 July 2016). "Buganda Kingdom: Investment Profile". Kampala: Buganda Kingdom. Retrieved 24 July 2016.
  4. ^ Globefeed.com (24 July 2016). "Distance between Post Office Building, Kampala Road, Kampala, Central Region, Uganda and Bulange, Kampala, Central Region, Uganda". Globefeed.com. Retrieved 24 July 2016.
  5. ^ "Location of the Headquarters of Buganda Investments and Commercial Undertakings Limited" (Map). Google Maps. Retrieved 24 July 2016.
  6. ^ Tentena, Paul (9 April 2015). "StanChart in financing deal to build villas". East African Business Week. Kampala. Archived from the original on 23 January 2017. Retrieved 24 July 2016.
  7. ^ Sunrise Reporter (15 April 2016). "Kabaka endorses Katikkiro Mayiga's approach". Kampala: Uganda Sunrise. Retrieved 24 July 2016.
  8. ^ BICUL (24 July 2016). "Subsidiary Companies of Buganda Investments and Commercial Undertakings Limited". Kampala: Buganda Investments and Commercial Undertakings Limited. Retrieved 24 July 2016.
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