BICUL takes up its core role of a holding company of the Kingdom that owns stakes in various companies involved in production of goods or services for the benefit of the Kingdom.
As a holding company, BICUL will allow the reduction of risk for:-
- The Kabaka of Buganda while promoting ownership and control of a number of different companies where opportunities will have been identified, assessed and sanctioned by the relevant authorities.
- The BICUL structure separates the legal ownership from the trading risks by creating or/and investing in a series of companies that buy and sell beneath a corporate BICUL that will deal with the corresponding firms’ legal, banking, property and investment interests.
- The Kingdom’s ownership is vested in BICUL, but the financial accounts and management are organized separately in each trading arm.