By Ntende John A company is one of the many forms you can choose to do business with. You can also opt for other vehicles like a sole proprietorship or partnership. A company is a creation of the law and is a separate legal person. It can enter into a contract, and it can sue and be sued separately from its owners. A company can also own its own assets and liabilities. In Uganda, companies are...
By Ntende John This question is like a farmer wondering whether they should plant or not. Planting is the natural inclination of all farmers. Without planting there is no harvesting. Same thing with wealth. You can't become rich without investing. The real question is not whether you should invest, but when, where, and how you should invest. The wise farmer knows the seasons and the nature of his...
 By John Ntende In many churches, cells, congregations and religious gatherings, financial breakthrough is one of the most common prayer requests. Luckily for us, the bible and other religious texts have already documented the ethical principles for acquiring wealth. We just have to put them in practice. And in any case we have all been blessed with unique gifts and talents right from birth and...
By John Ntende Liquidity risk is simply not having enough cash to meet your present obligations. For example you may own a valuable piece of land but are not able to pay your rent on time.Some assets are more liquid than others. For instance you can withdraw some cash from a unit trust to pay school fees but you can't sell a part of your house. Investments in real estate and businesses potentially pose...
By John Ntende Land is one of the most valuable assets you can ever own. There are various reasons and advantages to owning land.Supply is limited. They are not making more land and yet the population keeps growing. All these people will need to build somewhere.Little capital needed. You can acquire an acre of farm land for less than ushs 3 million. You can buy a residential plot for ushs 3.5...
By John Ntende I have seen some heated online debates on whether it is better to invest in treasury bonds or real estate. Proponents on either side had compelling reasons to support each viewpoint. For instance, the people in preference of treasury bonds pointed out that bonds are fairly safe, liquid and provide a passive income stream. They also demonstrated that real estate is capital intensive, not...
By Ed Mugisha Head of Under Writing Kampala Property Associates Many investors have watched short-term rental (STR) / airbnb investing from the sidelines. They’ve heard the success stories and know there are high returns to be made, but often come back to some form of the following questions:-Is it worth the risks?-Is it worth the hassle to set up and operate an STR?-How much more money...
Author: John Ntende I recently grappled with a decision of whether to buy a piece of land or to put the cash in a unit trust or mutual fund instead. This article is inspired by this conundrum. Ultimately whatever you decide to do will depend on your unique goals and circumstances.Deciding between buying land or investing in a unit trust depends on several factors, including your financial goals,...
In the last article we went through ‘how to find out if the seller of a property is indeed the seller’. Today we want to find out about the second dimension – the property: Our task here is to match the property to the seller. How can we achieve this? 1. Search: Ministry of Lands and Housing at the different Zonal offices keeps a record of every transaction that pertains to land.Before you...
