{UAH} Prof Nawangwe for accepting a building on Kampala Road, worth Shs8 billion

If a building is valued 8 billion by a government valuer, the market rate

from my own experience in Kampala, will almost be double or more!

Before Centenary Bank was built - that plot was valued at 1 billion Uganda

shilling and no one was buying. I can't guess the price today.

https://www.monitor.co.ug/News/National/Nawangwe-spot-MPs-resurrect-Shs16-7b-NIC-scandal/688334-5609168-nnyf3uz/index.html

One time I suggested to KCCA management to gazette Kampala Road

as High Street with designated types of  businesses. Among these will

be Banks, Insurance firms, Law Firms, Merchants etc.

In return to placing a business here - a special fee will be incurred and

then become an automatic financial district generating higher returns

for the city.

dan

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