{"id":10070,"date":"2023-10-06T17:45:10","date_gmt":"2023-10-06T17:45:10","guid":{"rendered":"https:\/\/ugandaupdatenews.com\/?p=10070"},"modified":"2023-10-06T17:45:26","modified_gmt":"2023-10-06T17:45:26","slug":"lands-minister-nabakooba-tables-new-law-in-cabinet-to-regulate-the-real-estate-sector-in-uganda","status":"publish","type":"post","link":"https:\/\/prowebinhost.com\/anzu\/lands-minister-nabakooba-tables-new-law-in-cabinet-to-regulate-the-real-estate-sector-in-uganda\/","title":{"rendered":"Lands Minister Nabakooba \u00a0tables New Law In Cabinet To Regulate The Real Estate Sector in Uganda"},"content":{"rendered":"\n

By Our Reporters<\/strong><\/p>\n\n\n\n

Lands Minister Judith Nabakooba has presented a new law  to cabinet dubbed ‘The Real Estate Bill’ to regulate the real estate business in Uganda .<\/p>\n\n\n\n

She made the revelation while officiating at the 2nd National Housing Symposium which also marked the World Habitat Day celebrations at Mestil Hotel in Kampala .<\/p>\n\n\n\n

 \u201cI presented it (Real Estate Bill) to  cabinet  and they approved its  principles but tasked us to expound on our consultations and benchmarking in a few countries on how they are running their real estate services,” she stated . A team from the Ministry of Lands has since visited South Africa, India, and Kenya where they  bench marked on how best the real estate business can be regulated to stem illegal transactions and fraud .<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

 \u201cThey returned the bill for drafting in the ministry of Justice and Constitutional Affairs and it is almost getting out of there. Once it comes back to the ministry, I will take it back to cabinet for further discussion and if they are satisfied with our consultations, then we would be good to go in parliament,”  Nabakooba  explained.<\/p>\n\n\n\n

The bill, according to will help streamline the the real estate industry and guide on what is supposed to be in its administration. She said this will work for both the private and the public companies.<\/p>\n\n\n\n

\u201cIt provides for how the industry should run, who should govern it, what are the parameters for it to operate. What we want is to make it more sustainable for the population but also to government because right now, real estate is not regulated,” she added.<\/p>\n\n\n\n

Due to the absence of policies that regulate the real estate business, the minister said many people have set up  companies that are posing a great challenge to the industry.<\/p>\n\n\n\n

Nabakooba said the lands ministry is in negotiations with the ministry of Finance, Uganda Revenue, and the Kampala Capital City Authority to make sure that property rates are revised for housing to become favourable and people to be in position to pay for their assessed rates.<\/p>\n\n\n\n

The the well attended symposium was organized to pave way for easy access to decent and affordable housing.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Mr Maurice Makoloo, the Africa area Vice President of Habitat for Humanity lauded the lands minister for the  strong partnership  government has with their organization.<\/p>\n\n\n\n

\u201cWe are reflecting on the cities as drivers of economic growth. It is our responsibility for shaping the future of cities in regard to sustainable development.  I therefore thank the government of Uganda  for a good working relationship with the private companies to develop housing.\u201d <\/p>\n\n\n\n

Mr James Tanga Olwoch, a construction specialist at Habitat for Humanity showcased an innovation of a prototype house that was launched early this year.<\/p>\n\n\n\n

 \u201cWe know that most of the houses in Uganda are built using burnt bricks. And this means you need to first cut down trees to burn the bricks. These interlocking bricks use murram mixed with cement and sand and you don\u2019t need to plaster your house,” he said.<\/p>\n\n\n\n

Editor: msserwanga@gmail.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By Our Reporters Lands Minister Judith Nabakooba has presented a new law  to cabinet dubbed ‘The Real Estate Bill’ to<\/p>\n","protected":false},"author":1,"featured_media":10071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[239],"tags":[],"class_list":["post-10070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-and-urban-development"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/10\/na.jpg","jetpack-related-posts":[{"id":9666,"url":"https:\/\/prowebinhost.com\/anzu\/canada-nrm-symposium-lands-minister-nabakooba-highlights-opportunities-in-the-land-sector-calls-on-ugandans-in-diaspora-to-invest-in-real-estate\/","url_meta":{"origin":10070,"position":0},"title":"Canada NRM Symposium: Lands Minister Nabakooba Highlights Opportunities In The Land Sector Calls On Ugandans In Diaspora To Invest In Real Estate","author":"UgandaUpdate","date":"August 14, 2023","format":false,"excerpt":"By Our Correspondent In Canada The Minister of Lands , Housing and Urban Development Judith Nabakooba has wooed Ugandans living in Canada to invest in their mother land Uganda noting that government has put in place save measures to ensure a speedy and corruption free environment in acquiring land for\u2026","rel":"","context":"In "Land"","block_context":{"text":"Land","link":"https:\/\/prowebinhost.com\/anzu\/category\/land\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/nab.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/nab.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/nab.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/nab.jpg 2x"},"classes":[]},{"id":12602,"url":"https:\/\/prowebinhost.com\/anzu\/lands-minister-nabakooba-urges-real-estate-developers-to-embrace-latest-technologies-to-grow-the-sector\/","url_meta":{"origin":10070,"position":1},"title":"Lands Minister Nabakooba Urges \u00a0Real Estate Developers To Embrace Latest Technologies to Grow The Sector","author":"UgandaUpdate","date":"August 9, 2024","format":false,"excerpt":"By Our Reporter Real estate developers have been urged to embrace the latest technologies on the international market to boost the country\u2019s construction sector. The call was made at the opening of a three-day Uganda Buildcon International Expo happening at the UMA Show grounds Lugogo in Kampala under the theme:\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/08\/na2.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/08\/na2.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/08\/na2.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/08\/na2.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/08\/na2.jpg 3x"},"classes":[]},{"id":16779,"url":"https:\/\/prowebinhost.com\/anzu\/minister-nabakooba-calls-for-financing-mechanisms-for-ugandas-growing-population\/","url_meta":{"origin":10070,"position":2},"title":"Minister Nabakooba calls for Financing mechanisms for Uganda\u2019s growing population","author":"UgandaUpdate","date":"March 29, 2026","format":false,"excerpt":"The Minister for Lands and Housing Hon Judith Nabakooba and the Association of Real Estate Agents have hosted a diplomatic delegation from the International Real Estate Federation and the European Mortgage Federation to explore innovative financing mechanisms for Uganda\u2019s rapidly growing young population. 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While opening the construction sector dialogue at UMA head office in Lugogo ,\u00a0 Judith Nabakooba, the Minister of Lands underscored\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 3x"},"classes":[]},{"id":4272,"url":"https:\/\/prowebinhost.com\/anzu\/4272-2\/","url_meta":{"origin":10070,"position":5},"title":"LANDS MINISTRY TO SUPPORT TORO KINGDOM ‘S DECENT HOUSING DRIVE-NABAKOOBA","author":"UgandaUpdate","date":"October 17, 2021","format":false,"excerpt":"The Ministry of Lands Housing and Urban Development will support Toro Kingdom and Fort Portal Tourism City to ensure descent, planned and organized living and commercial developments following the Kingdom's partnership with the government's Real Estate Agency \u2013 the National Housing Corporation. \u201cAs government, we look forward to support the\u2026","rel":"","context":"In "National Development"","block_context":{"text":"National Development","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-development\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/10\/IMG-20211016-WA0165.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/10\/IMG-20211016-WA0165.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/10\/IMG-20211016-WA0165.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/10\/IMG-20211016-WA0165.jpg 2x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pc0aOV-2Cq","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/comments?post=10070"}],"version-history":[{"count":1,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10070\/revisions"}],"predecessor-version":[{"id":10074,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10070\/revisions\/10074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media\/10071"}],"wp:attachment":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media?parent=10070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/categories?post=10070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/tags?post=10070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}