Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-08-07 09:27:57
The government has authorised the establishment of a centralised bank account for tenants to deposit ground rent, known as Busuulu, particularly for absentee landlords or those refusing to accept payments.
In an August 1 letter from the Accountant General’s office, Ms Jennifer Muhuruzi Bigirwa instructed the Permanent Secretary of the Ministry of Lands, Housing, and Urban Development (MLHUD) to seek authority to open a BBS Busuulu holding account in the Bank of Uganda.
“Therefore, the purpose of this letter is twofold; To guide that you specifically write seeking authority to…
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