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Company News- Page 45

Company News
Ms. Lilly Ajarova, Chief Executive Officer, UTB (right; foreground) and Mr. Cornwell Muleya, Uganda Airlines Chief Executive Officer of Uganda Airlines (left; foreground) exchange cooperation agreements on February 4th 2020.

Uganda Tourism Board and Uganda Airlines sign landmark Brand Destination Uganda Promotion partnership

Uganda Tourism Board (UTB) and Uganda Airlines have today, February 5th 2020 signed a memorandum of understanding to combine their efforts to promote the tourism potential of Brand Destination Uganda. The two
February 4, 2020
by
Justice Ssekaana ruled that while banks have a duty to ensure compliance with anti-money laundering regulations, they must do so within the confines of the law and reasonable due diligence. The judgment noted that Equity Bank did not report the transaction to the FIA within the legally mandated 48-hour window but only did so 16 days later, after legal action had commenced.

Ugandan Court Faults Equity Bank for Freezing Client’s UGX85 Million

In a ruling that could redefine customer-bank relationships in Uganda’s financial sector, the High Court of Uganda has found Equity Bank Uganda Limited guilty of unlawfully freezing a customer’s account, a decision
February 14, 2025
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Transforming Kampala’s skyline! From the luxurious One-10 Apartments (left) to the sleek Tower One business hub (centre) and the game-changing Kabira Serviced Apartments—Ruparelia Group is redefining the real-estate marketplace in 2025!

3 Flagship Ruparelia Group Properties Bound to Influence Kampala’s Property Market In 2025

The latest H2 2024 Kampala Property Market Report by Knight Frank Uganda paints a mixed picture of the city’s real estate market. The report highlights an uptick in prime office space demand
February 13, 2025
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Kampala’s prime suburbs—Kololo, Naguru, and Nakasero—Once dominated by Western expatriates tied to NGOs, diplomatic missions, and donor-funded projects, the demand landscape is increasingly being driven by Asian expatriates—particularly professionals from China, South Korea, and other Asian economies

Knight Frank explains why wealthy tenants are leaving Nakasero, Kololo prime suburbs 

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February 12, 2025
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