News & Analysis- Page 212

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

Protecting Uganda’s Sovereignty Without Undermining Its Economy

By Zianah Nyiramanza Muddu The Protection of Sovereignty Bill, 2026, speaks to a real concern. But,

Babajide Duroshola, M-KOPA Nigeria General Manager. Courtesy photo

Asset financing platform M-KOPA Expands to Nigeria, Appoints Babajide Duroshola New Country General Manager

M-KOPA,the leading connected asset financing platform, has expanded to Nigeria and named Babajide Duroshola as the new General Manager. In a statement, the company says the move into the Nigerian market signals

July 12, 2021

Company News·News & Analysis

Minister of Works and Transport Gen. Edward Katumba Wamala, has raised concerns over violations by contractors.

Bidders resort to blackmail as KCCA selects contractors for $288m AfDB road projects

As the team at Kampala Capital City Authority (KCCA) enters the final stage of evaluating contractors for upcoming road projects, some bidders, afraid of the process, have resorted to blackmail. The KCCA

July 12, 2021

Company News·News & Analysis

UNRA had contracted Dott Services Limited to develop and maintain Tororo-Mbale and Mbale-Soroti roads, among others. Courtesy photo

UNRA appeals against dismissal of Shs21 billion case against Dott Services

The Uganda National Roads Authority (UNRA) has appealed against the dismissal of a case in which it was seeking to recover more than Shs21 billion from contractor, Dott Services Limited. In a

July 12, 2021

Company News·Legal & Justice·News & Analysis

Patience Tumusiime Rubagumya. Commissioner for Legal Services and Board Affairs at Uganda Revenue Authority

Tax Appeals Tribunal permits URA to collect over UGX 21 billion from Game Discount World

The Tax Appeals Tribunal (TAT) awarded Uganda Revenue Authority (URA), also referred to as the Respondent, the right to collect a tax liability of UGX 21,485,110,040 from Game Discount World (Uganda) Limited,

July 12, 2021

Company News·Legal & Justice·News & Analysis

Francis Kisirinya, the Acting Executive Director for Private Sector Foundation Uganda says the organization continues to engage government agencies to develop favorable policies for the sector to thrive

Private sector tasks government on favorable post-Covid-19 recovery policies

Private sector players have charged government to implement policies that support recovery of businesses especially in the midst of the pandemic. The second wave of the COVID-19 pandemic in Uganda continues to

July 11, 2021

Company News·News & Analysis

Hostalite Founder Dickson Mushabe Appointed to the Board of Makerere Innovation and Incubation Centre

Hostalife founder Dickson Mushabe has been appointed to the board of the Makerere Innovation and Incubation Center (MIIC).“This appointment is in recognition of the key roles you play in the incubation and

July 9, 2021

Company News·News & Analysis·Thought Leadership

Dr Emmanuel Mugisha has been Country Director for Uganda

PATH appoints Dr Emmanuel Mugisha as Global Director

Dr. Emannuel Mugisha, has been promoted to a worldwide leadership role of Global Director at PATH with effect from July 2021. He now leads a global project as Director, TyVac Project and

July 8, 2021

C-Suite Leadership·Company News·News & Analysis

PSFU executive director Gideon Badagawa has died today at Mulago Hospital. Courtesy photo

Gideon Badagawa, probably Uganda’s foremost defender of the private sector, bows out

The Executive Director Private Sector Foundation Uganda (PSFU) Gideon Badagawa has died. He was 54 years old. The news of Badagawa’s death was today announced Dr Elly Karuhanga, PSFU Chairman Board of

June 21, 2021

Company News·News & Analysis

Simon Kaheru, the Acting East African Business Council board chair. Courtesy photo

Coca-Cola Beverages’ Simon Kaheru Appointed East African Business Council Board Chair

The Board of the East African Business Council (EABC) Uganda Chapter has appointed Coca-Cola Beverages Africa’s Simon Kaheru as Acting Chair, after Madhvani Group’s Jim Kabeho stepped aside to set the stage

June 3, 2021

Company News·News & Analysis

The new look of Tusker Malt Lager. The new sleeve is premium, with a richer shade of green and Tusker’s symbolic elephant standing out in gold. Courtesy photo

Tusker Malt Lager Unveils New look

Tusker Malt Lager has unveiled a new look with a refreshed label to stamp its position as Africa’s leading premium beer. While the look has been refreshed, the liquid remains the same

June 2, 2021

Company News·News & Analysis

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