Kampala, Uganda | THE INDEPENDENT | Ugandans could see the value of their assets in the real estate industry, including land and houses decline as a result of the Coronavirus (COVID-19) disruption, Bank of Uganda has warned. This decline, the central bank says could be in double-digits meaning it could go …
Read More »
Kampala, Uganda | THE INDEPENDENT | The real estate industry in Wakiso district has been thrown into panic following the temporary closure of Wakiso Ministry Zonal Office-MZO. There will be no land transaction in the district, during the time of the closure, as operations of surveys and mapping sections at …
Read More »
Future real estate developments hinge on the newly passed Landlord-Tenant Bill Kampala, Uganda | ISAAC KHISA | Rent for office space in prime locations in Kampala City has remained stable for the past six months. Property agency firm, Knight Frank has attributed this to the increasing number of tenants seeking …
Read More »
Kampala, Uganda | THE INDEPENDENT | Amirali Karmali, the proprietor of Mukwano Industries Uganda Limited is dead. The entrepreneur died quietly on Wednesday evening in Fort portal, according to reports. Karmali, born in the 1930s is the father to Alykhan Karmali, who is currently running the family business empire that spans …
Read More »
Final investment decision in oil and gas to drive real estate sector Kampala, Uganda | PATRICIA AKANKWATSA | Retail rental rates in Kampala have remained stable over the past six months as the industry consolidates following a slowdown in the past two years, according to the latest report from the …
Read More »
Arthur Mukembo is the regional director for RE/MAX in East Africa, an international real estate brand established in 1973 in Denver, Colorado and now present in more than 100 countries and territories with a network of over 115,000 real estate professionals in 7,500 offices. He spoke to Isaac Khisa in …
Read More »
Montreal, Canada| AFRICAN ARGUMENTS| A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in …
Read More »
INTERVIEW: Adnan Mpuga is the Executive Director of Eastlands Agency. He spoke to Agnes E. Nantaba about trends in Uganda’s property and real estate market. What are the key elements in your management style as a manager? Hard work, honesty and respect for all are key elements in management. Working …
Read More »
Beijing, China | AFP | China’s richest man, real estate magnate Wang Jianlin, has warned the country’s property market is the “biggest bubble in history” — the latest alarm bell to be sounded on the world’s second largest economy. Wang, the owner of real estate and entertainment conglomerate Wanda, said …
Read More »
Jinja project starts as Fund gets set to invest Shs 578 bn in 2016 On April 20, the National Social Security Fund (NSSF) held a groundbreaking ceremony for the construction of an ultra-modern commercial building in Jinja town, an event that officially kick starts the Fund’s ambitious agenda to invest …
Read More »
The Independent Uganda: You get the Truth we Pay the Price