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OPINION: Banning dollar rents is erroneous; reviewing the Landlord and Tenant Bill is not an option but a necessity

The iconic Kampala Kingdom Mall by Ruparelia Group's Meera Investment that opened recently in Kampala. Senana building in the city centre, which is subject to a dispute between the developer and the bank that financed the building. Lutalo advises that for anybody seeking to invest significantly, meaningfully and for the long term, it is important they engage professional property consultants so as to maximise their investment. “If you want to put USD10 million dollars in a building, you lose nothing to speak to professionals; let them guide you through the process, get the right proposition and then create the right product at the right time,” he says.

Knight Frank's Judy Rugasira says that banning dollar rent without giving due consideration to other factors in the property development cycle and value chain. At 8.00pm on Wednesday 26th June, News broke that Parliament had passed the Landlord and Tenant Bill 2019 in its original form despite several pleas from landlords, tenants, the financial sector, and more recently some enlightened membe

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