Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has won the five-star award for the Africa and Arabia Property awards for their real estate project in Lubowa, dubbed Solana, it said on Oct.11. This was during a virtual awards ceremony in London that brought together the best property …
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How Uganda’s tax policy on real estate has destroyed the once thriving sector and stifled economic growth THE LAST WORD | ANDREW M. MWENDA | This week, the government will read the 2021/22 budget. Given the poor performance of the economy, government is proposing new taxes. For instance, it has …
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Industrial sector rent remains stable as that of office and residential falls Kampala, Uganda | ISAAC KHISA | Rents in industrial sector has remained stable amidst the coronavirus pandemic as that of office and residential sectors take a southward trend. The Knight Frank’s latest Kampala market performance review shows that, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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