News & Analysis- Page 186

Hotel Margherita is located at the foothills of the Rwenzori Mountains and has over time served both business and leisure travellers visiting the region.

Kasese’s Landmark Hotel Margherita Faces Auction as Reco Industries Assets Head for the Hammer Over Debt Default

One of Kasese’s most prominent hospitality assets, Hotel Margherita, is on a countdown to the auctioneer’s hammer after a debt recovery process was initiated by a financial institution against Reco Industries Limited.
April 25, 2026
Lugogo One— a structure on Lugogo Bypass has Modern Prime Office Space for Sale and Rent. The 8-storey development is among the many managed by Knight Frank Uganda.

Knight Frank Celebrates 21 Years as Uganda’s Trusted Partners in Property

Real estate consultancy Knight Frank is celebrating 21 years of existence and taking stock of its contribution to the steady growth and development of Uganda’s property market. “Since our inception in 2000,
November 15, 2021
In the statement, Simba Properties said they legally acquired the land from the Uganda Land Commission, the custodian and manager of Uganda Government land, but willingly gave it back in the interest of development. The company however says it has since learnt with shock that URC has since leased the land to another developer yet URC claimed the land was within the reserve railway corridor. PHOTO/Courtesy

“We legally acquired URC land, but willingly gave it back,” Bitature’s Simba Properties speaks out on claims it was thrown off Uganda Railways land

Simba Properties, a company belonging to billionaire businessman Patrick Bitature’s Simba Group has spoken out against claims that it illegally took possession of land belonging to Uganda Railways Corporation (URC). In a
November 14, 2021
L-R: Sheikh Hasina, the prime Minister of the People’s Republic of Bangladesh, Japheth Kawanguzi, Team Lead at The Innovation Village, Audrey Azoulay, the Director-General UNESCO – (United Nations Education, Scientific and Cultural Organization) and Sheikh Rehana Siddiq, Bangladesh politician poses for a picture during the UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International Prize for the creative economy, award ceremony yesterday in Paris.

East Africa’s largest makerspace, MoTIV, wins inaugural UNESCO prize for creative economy

MoTIV, East Africa’s largest makerspace headquartered in Kampala, Uganda has won the UNESCO–Bangladesh Bangabandhu Sheikh Mujibur Rahman International Prize for the creative economy. Established in March 2020 under the Mastercard Foundation’s Young
Edward Atuhe (R), Territory Business Manager Rukungiri hands over Certificate to Jolly the Director of Jero Wines one of the Franchise Partners on 11 November 2021

Airtel Uganda Climaxes one Month Franchise Partner Training in Rukungiri

Airtel Uganda on Thursday climaxed the 1 months Airtel Franchise Partner Development Program in Rukungiri. The program was aimed at equipping participants with practical business models that will see them deliver efficiently
November 12, 2021
Ramathan Ggoobi, the Permanent Secretary to the Finance Ministry and Secretary to the Treasury has assured the MPs that the share transfer is on course and shall be completed soon.

Ministry of Finance assures Parliament, the transfer Government’s 25% shares in Munyonyo Commonwealth Resort is almost complete

The Ministry of Finance, Planning and Economic Development (MoFPED) Permanent Secretary/ Secretary To The Treasury, Mr Ramathan Ggoobi has today written to Parliament, clarifying the status of the Government’s 25% shares held
November 11, 2021
Luongo says that over and above Chipper’s fractional stock investing product launched this morning, Chipper has been making great moves in expanding access to critical financial services to millions of more people. For example has just launched two-way payment flows between the USA to Africa, and the UK earlier in the year. Among other unique products, he also said that the company has also gone live in South Africa with free unlimited person to person payments, as well as just launched the Chipper Card in partnership with Visa in Nigeria. “And we’re just getting started,” he said.

HASAN LUONGO: Chipper’s fractional stock investing product is smashing the barriers of accessing global investment opportunities

I am incredibly honoured to be here with you today in beautiful Kampala. Chipper started right here in Uganda, and today we are taking a big step forward, with a revolutionary new
November 11, 2021
Service Above Self: Letshego CEO Giles Aijukwe shakes hands with Dennis Byaruhanga- Rotary Club of Namugongo president during the 2m donation handover in Kololo.

Letshego Continues to ‘Improve Lives’ in Partnership With Rotary Club of Namugongo

Letshego Uganda, has over the years established a firm and long standing partnership with the Uganda Rotary Club under Sustainable Development (CSR – Corporate Social Responsibility). This is primarily so because Rotarians
November 11, 2021
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