Linda Mugisha Mbabazize

The state of buildings in a locality, zone or city normally gives the first impression to a newcomer of the economic state of the area. The skyline of Dubai, Hong Kong, Manhattan and Singapore are symbols of wealth and glamour just as much as Kibera, Gugulethu, Kinawataka or the favelas of Rio are a testament that poverty and glamour rarely co-exist. Real estate investment decisions are largely affected by economic and political factors but also by sentiment and exposure. The Covid-19 pandemic, multiple changes in the tax laws, the uncertainties surrounding Uganda’s land tenure system and the related land grab…