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Beyond the policy challenges, the interview explores a sector in the midst of a structural evolution, driven by shifting tenant behaviours and the rise of decentralised, convenience-led suburban retail. Addressing the rising tide of foreclosures and “speculative development,” the discussion highlights the urgent need for professional valuation standards and consistent urban enforcement to protect long-term asset value. Despite these pressures, the CEO maintains an outlook of “cautious optimism,” identifying resilient growth opportunities in oil and gas, student housing, and affordable residential segments for the year ahead. As the year draws to a close, from your perspective as a CEO, how…
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When I sit down with Moses Lutalo, the Managing Director of Broll Uganda, the conversation quickly settles on the forces reshaping Uganda’s real estate landscape: financing pressures, currency volatility, talent flight, and the urgent need to reinvent business models across the region. Broll operates from a distinctly different vantage point. It is not a developer, not a landlord, not a builder of malls or apartments. It is a real estate services company, an identity that gives it a panoramic view of the industry’s strengths and stress fractures. “We don’t own property,” Lutalo says. “We manage. We are consultants. If we…
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It began with a phone call. Fresh from completing her Master’s degree in Real Estate at the University of Reading in the United Kingdom, Judy Rugasira was preparing to return…
As Knight Frank Uganda marks 25 years, how would you sum up what this milestone represents — for you as a leader, and for the legacy you’ve helped build? Twenty-five…
In the high-pressure corridors of corporate Uganda, where profit margins and shareholder returns dominate boardroom agendas, an unexpected theme is rising to the forefront of leadership: faith in God. Across…
How has faith influenced your leadership style at Knight Frank Uganda? My faith is the foundation of my leadership style – it shapes how I define success and how I…
Dr. Jane Ruth Aceng, the Ugandan Minister of Health, has appointed a number of prominent business leaders to spearhead a private sector response against the Coronavirus Disease (COVID-19). Details of their terms of reference are not yet clear, but the leaders who have been chosen to reflect the respective industries where they work, we understand are supposed to among others help coordinate resource mobilisation and awareness and sharing of information amongst other roles. The leaders are Barbara Mulwana (Chairman, UMA), Aga Sekalala (Ugachic), Robert Kabushenga (Vision Group) and Daniel Kalinaki (Nation Media Group). The others are Ramathan Ggoobi (Makerere University…
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