The rates are projected to remain relatively stable for the short to mid-term Kampala, Uganda | PATRICIA AKANKWATSA | Rents for residential properties in the prime locations in Kampala increased in the second half of 2021 on the back of returning expatriates and ongoing developments in the oil and …
Read More »Property managers blame landlords for vacant premises
Kampala, Uganda | THE INDEPENDENT | The real estate sector lost 40 percent of their revenues in 2020 largely due to the effects of the Coronavirus (COVID-19) pandemic on the economy, as demand for the services plunged, according to property managers. Almost all business activities were closed down by April last …
Read More »Working from home produced mediocre output – Survey
Kampala, Uganda | THE INDEPENDENT | By the time the President Yoweri Museveni directed a lockdown as a move to halt further transmission of COVID-19, Agnes Erios Nantaba, a Public Relations and Marketing Officer with the Insurance Training College formerly the Insurance Institute of Uganda was busy confirming the new …
Read More »COVID -19 could lead to decline in real estate valuations – BOU
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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