The two key challenges that must be tackled to enable easy home building in urban areas COMMENT | JAN MISCHKE | From London to Lagos, “affordable housing” has become an oxymoron. In most cities, rents and home prices have increased faster than incomes, and in urban areas with robust job markets, housing …
Read More »London house prices in first annual fall since 2009
London, United Kingdom | AFP | The average price of a home in London dropped in 2017 for the first time in eight years on fallout from Brexit, data showed on Thursday. While prices were up nationwide, they were down in London for the first time since 2009, mortgage lender …
Read More »Rwanda builds disaster village for vulnerable community
The Rwanda government, through its Ministry of Disaster and Refugee Affairs (MIDIMAR), is to build a `Disaster Resilience Village’ to be used as a safe haven by communities at risk, writes Susan Babijja. Preparations for the disaster resilience village are in progress in Ngororero district, Mityazo sector, Kigali Hill. The village …
Read More »VIDEO: Kayihura cites fraud in Police Housing Project
Inspector General of Police General Kale Kayihura has questioned the figures quoted by technocrats in a police housing scheme launched in Kampala. General Kayihura raised the red flag during the commissioning of the construction of 1000 housing units for Police Officers at the Naguru barracks. The project is under the Public/Private …
Read More »National Housing launches Impala estate
Impala Housing Estate in Namungoona, Kampala, which adds 133 housing units and 192 apartments to the country’s housing sector, has been launched. Set up by the National Housing and Construction Corporation (NHCC), this is the 4th phase in the Namungoona area and is an addition to the existing 200 units …
Read More »NHCC: Building affordable houses for citizens
INTERVIEW: Parity Twinomujuni is the chief executive officer of the National Housing and Construction Company (NHCC). He spoke to Isaac Khisa about their operations and other pertinent issues in the real estate industry. What is your leadership style as a chief executive officer? My motivation is to work with others …
Read More »NSSF and high-end houses
Analysts question feasibility of Shs 650m houses in glutted market yet demand is higher for low end accommodation At the beginning of this month, the National Social Security Fund (NSSF) commissioned a large-scale project worth Shs14.5bn to construct a housing estate at Mbuya involving 40 residential houses. This venture puts …
Read More »NSSF’s ugly Shs650m mansions
COMMENT: By Joseph Were Great corporation managers know one great thing; they know the difference between what their organisations do and why the organisations exist. Some people know Steve Jobs only for what Apple, the company he founded, does. That it creates, produces, and sells amazing computer and electronic gadgets. …
Read More »Housing mortgages miss target market
By Patrick Kagenda When Housing Finance Bank last week signed a Memorandum of Understanding (MOU) with Royal Palm Estates to offer mortgages to its clients to buy houses in Butabika, a Kampala city suburb, the housing sector got a rare buzz. Interested buyers of the houses still have to fork …
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