Housing Finance Bank Executive Director, Ms. Peace Kabunga “Financiers are an important part of the housing value chain.” These were remarks made by Housing Finance Bank Executive Director Ms. Peace Kabunga, during a training on mortgages held at Kabira Country Club in partnership with Enwealth Financial Services. The training that
Read MoreThe bill seeks to penalize unauthorized real estate agents The West Budama North Member of Parliament, Richard Okoth Othieno has tabled the Real Estate Agents Bill 2020 in parliament, which seeks to criminalize authorized real estate agents. The bill generally seeks to regulate the sector, which is currently dominated by the
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Michael Mugabi (L), the Managing Director at Housing Finance Bank and Dennis Kamurasi, the Executive Director, Bulooka (U) Ltd after unveiling the digital trading platform Housing Finance Bank and Bulooka App have announced a new partnership to launch a digitized platform that enables customers to acquire property and motor vehicles in a
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Rajiv Ruparelia (L), the Ruparelia Group Managing Director with Prince Kassim Nakibinge after the ground breaking event Ruparelia Group through its construction company, VCON has been awarded the contract to construct a project for Uganda Muslim Education Association (UMEA) after emerging as best bidders out of 14 other companies that
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Housing Finance Bank, Buganda Kingdom and Gouji officials witness the signing of the MoU at Bulange Mengo Housing Finance Bank has today signed a Memorandum of Understanding with the Buganda Kingdom, the proprietors of Mirembe Villas to provide affordable housing to Ugandans. The MoU will see the development of 400
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Tagore Living Apartments was officially opened today Meera Investments Ltd, the real estate and property arm of the Ruparelia Group of Companies Saturday officially opened Tagore Living, the Group’s first built-to-sell residential condominium project located along at Kira Road. A condominium is a large property complex divided into individual units
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Housing Finance Bank Uganda Managing Director, Michael Mugabi (L) and the AgenceFrançaise de Développement (AFD) country Director in Uganda, Hatem CHAKROUN after signing the agreements Housing Finance Bank Uganda Managing Director, Michael Mugabi and the AgenceFrançaise de Développement (AFD) country Director in Uganda, Hatem CHAKROUN, have signed two financing agreements
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Yusuf Babuwaire, Senior Manager Personal Banking at Housing Finance Bank With the Uganda Bureau of Statistics estimating that the housing deficit in Uganda is at 2.1 million units, experts have said that this situation needs urgent attention. The deficit is estimated to be highest in Kampala. We caught up with
Read MoreThe Bank of Uganda Annual Report for 2019/20 has revealed that the slowdown in economic activity is likely to depress real estate prices and hence result in an increase of banks’ credit risk. “These vulnerabilities are likely to further increase the deterioration in asset quality with the ratio of NPLs
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Tycoon Sudhir Ruparelia Meera Investments Ltd owned by property mogul, Sudhir Ruparelia has acquired Simbamanyo House in the central business district at a cost of $5m (Shs18.51bn). According to Matooke Republic, Sudhir’s Meera Investments emerged highest bidder when the building was put up on auction by Equity Bank through public
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