Repository logo
 

Faculty of Management Sciences

Permanent URI for this communityhttp://ir-dev.dut.ac.za/handle/10321/13

Browse

Author: search.filters.author.Chikafalimani, Samuel Herald PeterHas files: Yes

Search Results

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Towards developing a sustainability assessment framework for buildings in Uganda : a literature review
    (2023-08-29) Semanda, Julius; Moyo, Sibusiso; Chikafalimani, Samuel Herald Peter; Kibwani, Nathan
    The construction sector is one of the main contributors to sustainable development, and its importance in encouraging environmental protection, economic growth, and social advancement is undeniable. The present study reviewed existing literature to help develop a framework for assessing the sustainability of buildings in Uganda. To develop the framework, indicators were needed, therefore, sustainability indicators from the main sustainability rating tools like BREEAM, LEED, CASBEE, Green Star and IGBC, and the various journals were established. A systematic literature review of accessible literature was the research approach used. Inadequate public education and awareness, construction process technicalities, higher costs of sustainable building processes and materials, bureaucracy processes, unfamiliarity with sustainable technology, and lack of sustainable product information, were singled out as the main challenges for implementing sustainability processes in developing countries coupled with regional differences in local conditions, policies, and regulations in different countries. Embracing and implementing sustainability practices offers protection of air, water, land, and ecosystems, promotes harmony among people and between humanity and nature, and improves economic growth. Since no sustainability assessment tool/framework of buildings exists in Uganda, the study aims to establish one, to be able to foster sustainability practices. However, establishing policies, regulations, incentives, awareness, and industry support are important to promote sustainability in Uganda.
  • Thumbnail Image
    Item
    The influence of property valuations on real estate investment decisions by businesses in Uganda : a literature gap
    (2023-08-10) Okumu, Benon; Chikafalimani, Samuel Herald Peter; Moyo, Sibusibo; Musinguzi, Moses; Kibwami, Nathan
    This paper describes findings of the review of literature on the influence of property valuations on real estate investment decisions by businesses in Uganda. Scoping review of accessible literature was the research approach that was applied to gather information for the paper. Results of the study revealed: lack of availability of market data; use of outdated property valuation data; external clients’ influence; unethical behaviour, negligence and professional misconduct of property valuers; lack of skills, poor education and training of property valuers; inadequate regulatory framework for the property valuation profession; and outdated property and land laws as main causes of inaccurate property valuations. Over and under-pricing of real estate, under and over-capitalization of real estate, inaccurate mortgage repayments, inaccurate property tax bills, under or over payment of building insurance premiums, wrong court decisions for real estate investments disputes, financial losses and bankruptcy, real estate market collapse and failure, and declining confidence in property valuers were identified as key consequences of inaccurate property valuations. Furthermore, the study identified: strengthening of property valuation curricula, registration of well qualified property valuers, improvement of regulatory framework for the property valuation profession, promoting accessibility of affordable new technology to improve accuracy of property valuations, reforms of outdated property and land laws, and encouragement of research to increase accuracy of property valuations as main interventions that can be implemented to improve accuracy of property valuations. Findings will support the development of a comprehensive property valuation model aimed at improving accuracy of property valuations in Uganda and elsewhere.