Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has directed all commercial building owners to use the e-receipts payment systems for rent to address revenue losses resulting from tax evasion in the rental income sector. The tax evasion problem, URA says, has arisen due to the unclear income …
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Kampala, Uganda | THE INDEPENDENT | Uganda Boxing Federation (UBF) offices remain under lock and key. The offices located at the MTN Arena within the Lugogo Sports Complex were closed last month over unpaid rent arrears of 10 million Shillings. UBF pays 500,000 shillings a month in rent which therefore means …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s High Commissioner to Kigali, Ambassador Robert Rusoke has called for construction of a chancery building in Kigali in bid to reduce on the cost of rent. Rusoke made this request while appearing before the Foreign Affairs Committee on Monday, 16 January 2023 to respond to …
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Mbale, Uganda | THE INDEPENDENT | Authorities in Northern city division of Mbale city have closed over 200 business premises over non-payment of ground rent and licenses. According to Martine Busiku, the senior assistant town clerk of Mbale City Northern division, the operation took place Thursday morning in areas like Mission …
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Kampala, Uganda | THE INDEPENDENT | The Commercial Division High Court Registrar Flavia Nabakooza, has summoned the former Prime Minister Patrick Amama Mbabazi to file his defence in relation to allegations of failure to pay rent. “You are hereby required to file a defence in the said suit within fifteen(15) days …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have disagreed with members of the Landlord and Developers Association over the currency of rent payment, with MPs standing their ground on the Uganda shilling. The association led by its chairperson, Godfrey Kirumira, had appealed to the Committee on Physical Infrastructure to …
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New York, US | THE INDEPENDENT | Uganda’s Mission in New York has sued a tenant for failure to pay rent amounting to $470,000, about sh1.6 billion according to the current exchange rate. The five-story building is located at Lenox Hill townhouse at 111 East 70th Street, Manhattan, the heart …
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Washington, USA | Xinhua | U.S. President Joe Biden has partially extended a ban on evicting tenants who have been economically impacted by COVID-19. But it remains unknown whether the moratorium will survive mounting legal challenges. Last year, after the pandemic hit, capacity restrictions on businesses such as restaurants and …
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But a shift in occupier preferences towards more flexible lease terms, with shorter rent payment periods could impact occupancy levels at the lower end of the market Kampala, Uganda | ISAAC KHISA | Kampala recorded an increase in prime office occupier demand across various sectors, ranging from agriculture, food and …
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