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

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 being driven by Asian expatriates—particularly professionals from China, South Korea, and other Asian economies—associated with large-scale infrastructure, industrial, and corporate investment projects. The sudden suspension of U.S. aid to Uganda has had a direct impact on the sector. The aid cut has left a UGX 604 billion hole in the national health budget, forcing several large NGOs and related service providers to scale back or exit leases entirely. …

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Tagged:
About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

beylikdüzü escort beylikdüzü escort