Fort Portal City became operational on July01, 2020 Land grabbers have invaded newly created cities. They are hoodwinking the ‘poor landlords’ in the new cities, urging them to sell their land on basis that they would not be allowed in cities with poor structures. The revelation was made by Betty
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Crane Management Services has put in place measures to contain the spread of COVID-19 in all its buildings Crane Management Services Limited has fulfilled all the Standard Operating Procedures (SOPs) issued by the Ministry of Health and KCCA to all building owners before re-opening of arcades in order to prevent
Read MoreCrane Management Issues COVID-19 Standard Operating Procedures In All Its Buildings, Calls For Tax Waiver
Rajiv Ruparelia addressing the press on Friday Crane Management Services has issued Standard Operating Procedures (SOPs) to all tenants occupying the buildings it’s managing around Kampala as business resumes amidst the Coronavirus (COVID-19) lockdown. Addressing the press on Friday June26, 2020, Crane Management Services Managing Director, Rajiv Ruparelia revealed that
Read MoreExperts Tip Investors On How To Make Money In Housing & Mortgage Sector Post COVID-19
Peace Kabunga, the Executive Director at Housing Finance Bank Experts and analysts have urged investors in the housing and mortgage sector to redirect their search for opportunities in the residential sub-sector due to the shrinking demand for space in the commercial office and trade spaces brought about by the increasing
Read MoreINTERVIEW: Hotel Owners Boss Says Hospitality Industry To Lose Shs6Trn This Year As 400k Staff Sent On Leave
The Executive Director of Uganda Hotel Owners Association (UHOA), Jean Byamugisha has revealed how COVID-19 has hit hard Uganda’s hospitality industry. She says hotels in Uganda have so far furloughed over 400,000 staff. A furlough is a temporary leave of employees due to special needs of a company or employer,
Read MoreReal Estate Agents are unregulated Parliament has granted leave to West Budama North MP, Richard Othieno Okoth to draft and introduce a Private Members Bill called the Real Estate Agents Bill 2020. While asking Parliament to grant him leave yesterday, Okoth said that most real estate agents make money through commission for services
Read MoreMembers of Parliament on Finance, Planning and Economic Development Committee have rejected a number of new tax proposals on the property sector on grounds they will increase the administrative cost for companies in the business of commercial property. Finance Ministry recently tabled The Value Added Tax (Amendment) Bill, 2020 whose
Read MorePlumbing in Uganda is on the rise due to increasing construction demands by individuals, organizations and government civil works. Although not well documented, plumbing forms an integral part of the construction business contributing 13% to GDP according to National Bureau of Statistics FY2010/11. According to Lawrence Mwesigye a plumber and
Read MoreINTERVIEW: Hotel Sector Growing Steadily Despite 26 Taxes Imposed On It – UHOA Boss
Jean Byamugisha, the Executive Director at Uganda Hotel Owners Association (UHOA) is not only knowledgeable about hotel and tourism sectors, but also passionate about them. UHOA is currently composed of 520 members. In an exclusive interview with Business Focus, Byamugisha (in featured photo above) assesses the performance of the hotel
Read MoreUganda’s richest man and biggest landlord, Sudhir Ruparelia (pictured above) has revealed that the future of real estate sector looks bright as oil production nears. Asked about his view on the year 2019 for the property sector, Sudhir said it was quite a challenging year. “It has been a slow
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