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How dirty money is pricing Ugandans out of Real Estate sector

As of September, a typical two-bedroom apartment in Kampala was selling for sh315m, compared to sh250m-300m in Entebbe.

Developing estates in a neighbourhood of Kampala. Every morning, as the sun rises over Kampala and tower cranes swing above lifting concrete, glass and steel, new apartments, shopping complexes and gated estates emerge.
By: John Masaba, Journalist @New Vision


KAMPALA - When John Ssewagudde started saving for his dream home in 2015, a 50x100 feet plot in Kira municipality, Wakiso district cost about sh20m. The secondary school

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Tags:
Business
Real Estate
Illicit money
Financial Intelligence Authority (FIA)