Many Ugandans in the diaspora (Diasporans) can testify that buying property back home can be very stressful and challenging. Thousands have been fleeced by their own. Willy Mutenza, Chairman Uganda Convention-UK, concurs that the process of acquiring property in Uganda is fraught with risks. Many people have lost their hard earned money to unscrupulous friends, relatives, developers and...
Kololo is a Neighborhood on a Hilltop in Uganda’s Largest City, Kampala The area is known for its serenity and its cultural attractions. BY NANCY A. RUHLING | ORIGINALLY PUBLISHED ON JANUARY 18, 2020 | MANSION GLOBAL Kololo, the upscale neighborhood in Kampala, surveys Uganda’s largest city and capital from its historic sky-high hilltop. The community, which is in...
This is a housing market which seems poised for growth. Robust economic growth, declining inflation, a large rental market and good yields. What more could you wish for? During the year to Q3 2019, the nationwide residential property price index rose by a modest 3.25% (1.3% inflation-adjusted), following a y-o-y decline of 6.9% in Q2 2019 and annual rises of 9.4% in Q1 2019, 7.1% in Q4 2018 and 1.7%...
