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Knight Frank

A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.
A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.

Surviving in a Cash-Crunch Economy: How CEOs, CFOs are Managing Debt, Forex, and Capital in a Tight Liquidity Market

Money remains expensive in Uganda. Bank of Uganda has kept its Central Bank Rate (CBR) at 9.75% since August 2025, one of the longest periods without adjustment. The message is clear: maintain
November 17, 2025
Kampala’s prime suburbs—Kololo, Naguru, and Nakasero—Once dominated by Western expatriates tied to NGOs, diplomatic missions, and donor-funded projects, the demand landscape is increasingly being driven by Asian expatriates—particularly professionals from China, South Korea, and other Asian economies

Trump Aid Cuts Reshape Kampala’s Housing Market Demand as Asian Expatriates Overtake Western Tenants

Kampala’s residential property market is in the midst of a quiet but telling transformation. Once dominated by Western expatriates tied to NGOs, diplomatic missions, and donor-funded projects, the demand landscape is increasingly
August 12, 2025
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Kampala’s evolving skyline: A city of rising investment opportunities. As the real estate market shifts, savvy investors are looking beyond the skyline to booming suburbs, industrial hubs, and emerging retail centers. Where will your money go in 2025?

A 2025 PROPERTY INVESTOR’S GUIDE: Insights From Knight Frank’s H2 2024 Kampala Market Performance Report

Kampala’s real estate market is at a critical juncture, with shifting consumer trends, regulatory developments, and economic forces shaping the landscape. As we move into 2025, the recently released H2 2024 Kampala
February 13, 2025
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LEFT-RIGHT: Knight Frank Uganda senior executives, Maude Kaweesa, Senior Property Manager for our Retail Portfolio; Lucy K. Wamimbi, Head of Residential; Herbert Okello, Head of Valuation & Advisory; Judy Rugasira, Managing Director; Patience Taaka, Head of Research and Sharon Kamayangi, Head, Occupier Services and Commercial Agency, at the release of the H2 2022 Kampala Market Performance Review report at the Hilton Garden Inn Kampala.

Top Knight Frank real estate trends that every property developer and tenant in Uganda must know to make or save money in 2023 and beyond

In the report released on January 13th 2023, covering the six months to December 2022, Knight Frank, observed that “2022 was a year of resilience, circumspection, and optimism” and that despite slow
January 14, 2023
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The Aponye Complex boasts a set of fully furnished apartments to serve the growing demand for convenient and comfortable hospitality for both short and long stay guests.

Knight Frank Appointed to Manage Aponye Complex, a New Mixed-Use Development in Ntinda, Kampala

Property consultancy firm, Knight Frank, has been appointed by Aponye (U) Ltd, to manage Aponye Complex, a newly completed mixed-use development in the heart of Ntinda, Kampala.The Aponye Complex, a 5,000 sqm
August 5, 2022
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