Kampala, Uganda | THE INDEPENDENT | The property market in Uganda has not recovered to its past glory but it is more stable and less volatile than it was two years ago, according to a market update by Knight Frank Uganda, a real estate consultancy firm. It adds that many of …
Read More »Wilson Kyambadde out of jail but property to be attached
Kampala, Uganda | GODFREY SSALI | Court bailiff Moses Kirunda has warned that Wilson Kyambadde cannot celebrate his release yet because the storm is not yet over. Kirunda says Kyambadde is still a civil debtor despite having served six months in prison. He said this is because he has not yet made …
Read More »Dubai developers unveil mega projects despite downturn
Dubai, United Arab Emirates | AFP | The $680 million Venice development four kilometres (2.5 miles) off Dubai will have capacity of 3,000 visitors. Real estate is a mainstay in Dubai which has the most diversified economy in the oil-rich Gulf, with oil sales bringing in under 10 percent of state …
Read More »You will pay more taxes in Portugal if your house faces the Sun
Here comes the Sun — and it will cost you, says Portugal Lisbon, Portugal | AFP | Property? It’s location, location, location, as any real estate vendor — and the Portuguese taxman — will tell you. Under fiercely-contested fiscal changes which became law on Monday, people buying a home in …
Read More »Buganda royals in property war
VIDEO: The Family Division of the High Court in Kampala has started mediation in a property wrangle between the descendants of Ssekabaka Daudi Chwa II. The conflict emanates on which of the descendants should act as estate administrator – with the current position occupiers rejected over their failure to demand compensation …
Read More »Sudhir explains businesses losing property to banks
One of Africa’s richest men, Kampala property mogul Sudhir Ruparelia says no bank is interested in taking the property of a client who defaults on a loan. In an exclusive interview, Sudhir told The Independent that when clients default on loans and banks are forced to foreclose, there are usually …
Read More »URSB to demystify Intellectual Property in Uganda
The government will over the coming months work to demystify the mystery surrounding intellectual property in Uganda according to a top official from the Uganda Registration Services Bureau (URSB). While closing an event during which two books on intellectual property were launched on Oct.28 in Kampala, Judy Obitre-Gama, the board …
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