May 19, 2020

Lamudi hits number one slot in Uganda for online property marketing

Africa
Uganda
Lamudi
affordable housing
Bizclik Editor
2 min
Lamudi hits number one slot in Uganda for online property marketing

Lamudi, Uganda’s largest online property portal is taking the number one position in the housing market by meeting the demands of the Ugandan population in major cities.

The real estate portal launched in Uganda in October 2013 and has grown to be the largest real estate listing site in the country.

The global business has over one million monthly visitors across 21 countries around the world and is currently filling the gap in the Ugandan market by servicing the rapidly growing real estate sector in big cities like Kampala, Entebbe and Jinja.

Shakib Nsubuga, Lamudi Uganda Country Manager stated: “In 2013, according to the World Bank there were 36.4 million people in Uganda and figures show that is further increasing.

“A service of this type is needed to further support Uganda’s fast growing real estate market especially in the big cities like Kampala, Entebbe, Jinja and surrounding areas.

“Currently, there is an increased demand for more affordable housing, with only a fraction being currently met. 

“This remarkable growth is due to an increase in local and foreign investment, population growth (2.89%), an emerging middle class, and increased diaspora property investment.” 

Whether people are looking for properties for rent or for sale, the internet platform www.lamudi.co.ug enables customers to easily find or sell their house, apartment, commercial property or land online.

At the same time, property providers and agents get a trusted online presence through a personalised webpage.

 Key characteristics of Lamudi are its diverse property offers, the intuitive website set-up and the high security standards to avoid fraud.

The business platform operates under a high level of transparency through professional photos, updated listings, detailed descriptions, reports and rankings for 100 percent of its properties in each market.

The Lamudi platform provides brokers with a great opportunity to manage their inventory fast, easy and stress-free.

In 2013, figures from the Uganda Bureau of Statistics show that the real estate sector in Uganda have fluctuated and is now seen as one of the major sectors of the country’s economy.

Lamudi’s presence in Uganda goes a long way in supporting the economy with a commission free service - great for individuals and agencies alike and users’ access to reliable property information at users’ fingertips.

The business currently operates in 21 countries worldwide and is constantly expanding and improving its global operations to meet each countries property buyers and seller’s needs.
 

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Jun 11, 2021

G7 Summit guide: What it is and what leaders hope to achieve

G7
Sustainability
G7Summit
EU
3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve, in terms of sustainability and global trade

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 

 

Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.

 

Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 

 

When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 

 

Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 

 

The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 

 

It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 

 

Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 
 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”

 

The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 

 

According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 

 

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