| dc.description.abstract | Capital market is unarguably the most robust institution in any economy notable for mobilizing the necessary fund for financing long-term productive project. It controls relatively large amounts of capital and represent the largest institutional providing long-term credits for capital project like real estate that requires huge capital outlay.
This study therefore, attempts an investigation into the potential of capital market instruments in housing delivery of Uganda’s emerging market. An empirical survey research was conducted in the Central Region, using a random sampling technique with a structured questionnaire to collect data from 65 respondents comprising 20 stockbrokers, 10 property managers, 5 regulators at CMA, stock agents at USE, 5 valuation surveyors, 9 credit officers and 10 real estate developers in the central region. Data collected were analyzed with Microsoft excel using descriptive and inferential statistics.
The result revealed that majority respondents coincide with the fact that there is unutilized
potential in capital market in providing long term finance for investment, which suggests that, proper utilization of capital market instruments will enhance and improve housing delivery in Uganda. However, this is not being adequately used by developers of real estate projects in the study.
Thus, the study recommends amongst other remedial steps that a synergetic effort should be created between the capital market and real estate developers which will enhance effective housing delivery, the development of people and the Nation. | en_US |
