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The government has sent a clear message to real estate operators: a new legal framework governing the sector is imminent. This announcement comes amid growing concerns about unregulated practices, inflated property prices, and land disputes that have plagued the industry for years. see more
Under the MOU, Buganda Land Board will play a critical role in identifying eligible Bibanja holders, recommend them for financial support and forward their applications to Opportunity Bank. see more
The ministers say land compensation is becoming a big thorn in implementation of peojects and they may need to review the laws to have work done in time. see more