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Tax pain for traders as states push for more revenues to pay debt, run projects

Kenya, Uganda and Tanzania have made a raft of tax proposals to generate more revenues in current and next financial years. ....

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Uganda needs 300,000 housing units annually to match demand

Mr Sudhir Ruparelia, the Ruparelia Group of Companies chairman, while discussing the state of the real estate sector, said demand for both commercial and rental space has been increasing. ....

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Real estate dealers oppose increase in rental income tax

Real estate dealers oppose increase in rental income tax
monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.

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Landlords stare at empty buildings as Covid impact bites

Daily Monitor
Tuesday March 16 2021
A section of Namaganda Plaza on Lumum Street in Kamapala still has its shops closed despite the relaxation of restrictions on the Covid-19 lockdown. PHOTOS | DAVID LUBOWA
Summary
As the country continues to mitigate the effects of Covid-19 lockdown, landlords and property managers say the real estate sector has been hit hard to the extent that some buildings don’t have tenants.
Franklin Draku explores the challenges in the central business district of Kampala.
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When government announced phased lockdown in late March 2020, a number of downtown shopping centres began slowly feeling the pinch of the lockdown. ....

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Why is real estate taking long to adapt to tech?

Daily Monitor
Wednesday March 03 2021
Summary
There was a time when it was hard to believe a phone would become a tool, where you ordered food, transport and later watched movies. Then it happened. Yet, even with all these changes, the real estate sector seems to lag behind.
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Live chats on a website connected to email addresses and WhatsApp numbers, an aerial view of the community, the roads, amenities listed, close-up views of the ins and outs of the houses on sale on a Youtube channel with 2,770 subscribers garnered 1,800 views three months ago. For now, that is how Spectrum Real Estate Solutions is enabling property viewings and offers online and its manager, Philip Muhoja, says it is taking on digital technologies seriously. ....

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