Housing

Mortgage Market in Uganda is still in its infancy due to lack of regulation

By Sam Stewart Mutabazi The Housing Mortgage Market in Uganda is less than 2% of the country’s GDP. This is very low even by Africa’s standards. Housing Finance Bank and Stanbic Bank are the only financial institutions providing long term mortgages in the real sense. Even then, their terms are very restrictive and their interest …

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EVOLVING HOUSING POLICIES IN UGANDA SINCE THE COLONIAL TIMES

  The inclusive Growth Policy Note, “Planning for Uganda’s urbanization” defines Housing as a basic human right, essential for the well being of all mankind. The 1995 constitution of the Republic of Uganda, under the general social and Economic Objectives guarantees to fulfill the fundamental rights of all Ugandans to social justice, economic development, enjoying …

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Private Sector cannot grow the Mortgage market. It’s the responsibility of Government

By Mutabazi Sam Stewart The Housing Mortgage Market in Uganda is in its embryonic stage. Housing Mortgage is often interchangeably used with the term home loans as they are both used for the determination of accessing long term capitals for acquisition or building houses. The solitary variance is that a mortgage is a dedicated name …

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Why Most African Cities are a Mess

By Sam Stewart Mutabazi Ever since development economists learnt the importance of cities and urban areas in the advancement of a country and its people, many world leaders gave a lot of attention to ensuring that these places are better organized as to make them more productive and orderly. That cities engines are the engines …

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NSSF Uganda Building the largest Real Estate Residential Apartments in East Africa.

National Social Security Fund (NSSF) of Uganda launched a massive housing project which they claim when complete in ten years  will be the largest housing estate in East and Central Africa. The project which will cost approximately $400 Million has been named Solana Lifestyle and Residences. Already the Fund has spent $70 Million on 306 …

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Poverty, informality and Slums, finding the balance for urban development and Sustainability for cities in Global South

Poverty, informality and Slums, finding the balance for urban development and Sustainability for cities in Global South

What causes poverty? it’s low incomes. what causes low incomes? it is lack of appropriate skills and lack of education and unemployment. What causes these? It’s is poor planning poor strategy. by who? By those unemployed and partly government. Poverty can also be caused by misuse of resources by individuals. What is poverty anyway? Poverty …

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