Museveni Signs New Laws

Uganda: Yoweri Kaguta Museveni on Thursday, February 19, assented to three key laws aimed at strengthening regulation in Uganda’s construction, housing finance, and valuation sectors.

According to a statement from the President’s press team, the laws were signed at State House Entebbe. The new legislation includes the Building Control (Amendment) Act, 2025, the Mortgage Refinance Institutions Act, 2025, and the Valuation Act, 2025.

The Building Control (Amendment) Act, 2025 introduces tougher penalties for illegal construction and failure to follow approved building standards. The law is expected to improve safety and accountability, especially in fast-growing urban areas.

Under the Mortgage Refinance Institutions Act, 2025, the Bank of Uganda is given powers to regulate mortgage refinance institutions. This move is intended to strengthen oversight of the housing finance sector and improve access to long-term financing for homeowners.

Meanwhile, the Valuation Act, 2025 provides for the establishment of the Institute of Certified Valuers, which will oversee the registration, regulation, and professional standards of valuers in Uganda.

The signing of the three laws is expected to improve construction oversight, expand the mortgage market, and professionalise valuation services, supporting Uganda’s urban development and housing growth.