Thanks @Pkoli, my investment strategy is
to diversify so however good stanbic ug is
i have managed to diversify irrespective of
illiquidity which I manage by waiting for long
up to 2 months before my preferred counter is
bought most cases at market price.
On real estate I suugest Entenbbe Kampala
road settlement as the most promising. The
motivation for this is because
Some day the 49km Entebbe Kampala road
will be expanded to 6 lanes so it is the future
Thika Road in Nairobi.
In addition Entebbe will one day merge in terms
of development with Kampala.
A standard 1/8th mailo plot which in Uganda
terms is calked 12 decimals ranges between
14 million to 25 million Uganda shillings. This
is a lot of money in Uganda terms. In Kenya
it translates to a paltry 500k ksh to 1.0 million
ksh. This is the relative cheapness I am referring
to in the eyes of a kenyan. Besides you are likely
ti pay up to six installments in 6 months.
I bought something similar in late 2009 with
Akright Kakungulu satelite city still located in
Entebbe road at 9 million Ug shillings.
Jomayi has a few on Entebbe road at the momemt. But do your due diligence
before you commit.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .