News & Analysis- Page 211

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

by CEO East Africa Magazine

Agent Banking Company Rides on Uganda’s Agent Banking Wave to Post UGX 7.3 Billion in Revenue and UGX 2.8 Billion in Profit

Uganda’s Agent Banking Company (ABC), a shared industry platform established by the Uganda Bankers’ Association (UBA) in partnership with fintech firm Eclectics, delivered a strong financial performance in 2025, underpinned by rising transaction volumes and steady expansion across the country’s

April 25, 2026

by CEO East Africa Magazine

One Year Since Rajiv Ruparelia’s Passing: Motorsport Fans to Honour Him with Memorial Drive

One year on, the engines will roar again—not for competition, but for remembrance—as Uganda’s motorsport community

I&M Bank Serena 63 Golf Series Returns for 2026 with Expanded Calendar and a Strong Prize Pool

The I&M Bank Serena 63 Golf Series is back for the 2026 season, promising an extended

SMEs have been significantly impacted by the COVID19 pandemic. Courtesy photo

Ecobank Group, Microsoft partner to train Africa’s SMEs how to succeed in a digital economy

Ecobank Group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Africa. This training will provide SMEs digital

July 24, 2021

Global News·News & Analysis

The influential and powerful Chinese Billionaire, Paul Zhang.

SCANDAL! Paul Zhang, the Chinese billionaire owner of Tian Tang in trouble; Uganda Railways sues his steel firm for stealing UGX11.4bn worth of rail line to feed his steel factory

Uganda Railways Corporation (URC) has sued Chinese firm Tian Tang Group Limited for alleged theft and vandalism of railway line materials valued at UGX 12 billion. Uganda Railways is a government-owned company

July 23, 2021

News & Analysis·The Big Story

WHO Representative in Uganda, Dr Yonas Tegegn Woldemariam (white shirt) and Mr. Henrik Jespersen, the Head of Cooperation, Royal Danish Embassy in Kampala exchange signed agreements as Hon Hanifa Kawooya (yellow) and Dr Diana Atwine (white and black) look on at the Ministry of Health headquarters in Kampala. Courtesy photo

Danish government extends UGX5b Grant towards Covid-19 Resurgence Response in Uganda

The Danish Government, through its Embassy in Uganda has, through the World Health Organization (WHO), extended a grant worth UGX5 billion to the Government of Uganda towards the implementation of the COVID-19

July 22, 2021

News & Analysis

The Prime Minister of Uganda, Rt. Hon Robinah Nabbanja flags of the transportation of medical oxygen that was donated by Nile Breweries to help reduce oxygen shortages in regional hospitals as a result of Covid-19. Courtesy Photo

BREATH OF LIFE: Nile Breweries donates 300 oxygen cylinders to save COVID-19 patients

Nile Breweries Limited has donated 300 oxygen cylinders valued at over UGX 333Million (US$92,000), to benefit major referral hospitals in 17 districts across Uganda. The 75kg oxygen cylinders, will prove an immensely

July 22, 2021

Company News·News & Analysis

Samalie Namitala, Supervisor Domestic Taxes URA

INTERVIEW: Digital Tracking Solution is fast becoming the number one business enabler for taxpayers and URA

First of all, tell us about DTS and why it became necessary for URA to implement? DTS stands for Digital Tracking Solution, which provides for affixing of Digital Tax stamps on goods

July 22, 2021

News & Analysis·Thought Leadership

Registrar General, Mercy Kainobwisho during the World IP Day Gala Celebrations at Next Media Park in Kampala

URSB Tips Innovators on How To Protect their Pandemic Inventions

Faced with a global pandemic, innovators in Uganda have responded by developing breakthrough solutions to address local and global needs. Intellectual property, on the other hand, has played an integral role in

July 17, 2021

Company News·News & Analysis

Hanna Mwebaze (not in uniform) a P7 leaver at KPS with her fellow classmate celebrate. Hanna got a 5 aggregate in the just-released PLE results. Courtesy photo

Kampala Parents excels in PLE results, appeals to government to embrace online learning during Covid-19 lockdown

The government has been urged to boost online learning to ensure that children continue their routine studies despite the ongoing COVID-19 pandemic or other unforeseen challenges that could occur in future. Presently, the

July 17, 2021

News & Analysis

State minister for transport Joy Kabatsi is faulted for directing UCCA to send on forced leave its former director of human resource and administration in May last year

Minister illegally sent UCAA director on forced leave – High Court

The High Court has ruled that state minister for transport, Joy Kabatsi acted illegally to direct the Uganda Civil Aviation Authority (UCAA) to send on forced leave its former director of human

July 15, 2021

Legal & Justice·News & Analysis

KCB Bank branch at Forest Mall. The Bank wants a client and valuer to pay UGX448 million for a fraudulent loan transaction.

Court orders client, valuer to pay UGX448m KCB Bank for fraudulent loan

Court has ordered a businessman Joseph Sendagire and valuer Eddie Nsamba Gayiiya to jointly pay more than Shs448 million to KCB Bank Uganda Limited as recovery of loan fraudulently acquired and losses

July 13, 2021

Legal & Justice·News & Analysis

Beverage companies like Crown Beverages, have had to adjust their operations while prioritising people safety PHOTO/Courtesy

COVID-19 Lockdown: How beverage companies are coping

Paddy Muramiirah, Chief Executive Officer of Crown Beverages Limited says while the first lockdown caught them off guard and put them in panic mode for a few weeks, this one has found

July 12, 2021

Business & Markets·Company News·News & Analysis·The Big Story

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