KKRA Investments (U) Ltd: A Testament to Collective Prosperity and Strategic Vision. Editorial.

In the pursuit of economic evolution, KKRA Investments (U) Ltd emerged as a pivotal player under the umbrella of KKCRA, complementing the success of KKR Sacco established in 2005. Founded on the principles of spiritual growth, social empowerment, and economic development, the company stands as a testament to the harmonious convergence of faith and financial acumen.
Establishment and Purpose
Formally incorporated on June 15, 2012, KKRA Investments (U) Ltd was envisioned to unite Christians from Kabale Diocese, fostering economic solidarity through collective investments. The company's genesis lies in the successful establishment of KKR Sacco, marking a strategic expansion into long-term investments to secure financial prosperity for its members.

Board of Directors and Governance
The company's governance structure boasts a balanced and competent Board of Directors, comprising seven members with diverse representation. Notably, Kabale Diocese and its entities hold a significant stake, emphasizing a collaborative approach. The board, active and engaged, convenes regularly to deliberate on crucial matters and continually enhances its capabilities through training sessions on corporate governance, shareholders' agreements, and other pertinent topics.

Shareholding and Investment Portfolio
With a share capital of UGX 1,000,000,000, the company has judiciously invested in prime real estate. The strategically acquired 5-acre plot in Sonde, appreciating by an impressive 500%, and the ongoing acquisition of a 40-decimal plot in Kyebando near Akamwesi mall showcase the company's foresight in diverse investment avenues, spanning residential and commercial real estate, hospitality, education, healthcare, and more.

Membership and Expansion
KKRA Investments (U) Ltd invites individuals to join its ranks through a straightforward process. Prospective members are required to pay a membership fee of UGX 200,000, fill in an application form, and commit to purchasing six shares within three months. As the company stands on the brink of reaching its maximum shareholder limit, with 89 current stakeholders, the Board extends an open invitation for the remaining ten slots, emphasizing a cap of 200 shares per individual to ensure equitable distribution and uphold the majority shareholding of the diocese.

Upcoming Annual General Meeting (AGM)
The forthcoming AGM, scheduled for November 18, 2023, at Akamwesi Gardens along Gayaza Road, underscores the company's commitment to transparency, accountability, and shareholder engagement. Key discussions will revolve around the rotation and election of the Board, identification of Business Development Consultants, strategic planning, and amendments to the Articles of Association.

Conclusion
KKRA Investments (U) Ltd stands as a beacon of collaborative success, where faith and financial prudence converge. Through strategic investments, responsible governance, and an inclusive membership approach, the company not only enhances the financial well-being of its members but also contributes to the holistic development of the KKCRA community. As the company charts its course into the future, it invites like-minded individuals to join the journey towards collective prosperity.

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