The founder and senior pastor of the Miracle Centre Cathedral, Robert Kayanja, has proposed the establishment of a Christian bank to address poverty, foster savings, and promote economic prosperity among the faithful.
Inspired by Islamic Banking principles, the proposed bank will prioritise interest-free loans to empower Christians and other communities economically.
“We want to start a bank to fight poverty through saving and development as Christians. We see it from our Muslim brothers who started Islamic Banking where one can borrow without interest,” Pastor Kayanja said.
He explained that Islamic Banking’s success lies in the clear guidelines and principles that make saving and borrowing more accessible.
“Why have they done it? It is because of the guidelines and principles in place that make it easy to save with the bank,” Kayanja said.
The remarks were made shortly after Christmas celebrations on Wednesday, as Pastor Kayanja emphasised the urgent need for financial systems that foster inclusivity and encourage long-term savings.
He added that such initiatives could transform lives and communities across Uganda. Beyond economic empowerment, Pastor Kayanja urged Ugandans to approach the 2026 general elections with caution and responsibility. He advised voters to critically assess the performance of current leaders and use the electoral process to choose leaders committed to national development.
“As we head to the 2026 general elections, Ugandans need to be careful of the leader they are to elect. If some of these leaders have not performed to your expectations, you have a chance to change and elect another leader,” he said. Pastor Kayanja also appealed to the Electoral Commission to ensure transparency and integrity during the election period. He stressed the importance of announcing results promptly to maintain public trust.
“We ask the Electoral Commission to be mature and announce the results in time,” he said, emphasizing the need for a credible and efficient electoral process.