News & Analysis- Page 208

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
Dr. Eng. Naimanye the new URF Executive Director holds a PhD in Transport Economics; a master’s degree in Transport Planning and bachelor’s degree in Civil Engineering; all obtained of the University of Leeds. His engineering career spans over 20 years on the European and African continents.

A PhD in Transport Economics and a master’s degree in Transport Planning: Meet Dr Eng Andrew Naimanye, Uganda Road Fund’s Executive Director

Dr Eng Andrew Naimanye is the new Executive Director for the Uganda Road Fund (URF). Dr Naimanye, who has been in the acting position since November 2019, joined the Fund in 2010
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