News & Analysis- Page 207

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
Nile Breweries Ltd in November 2019 launched this Nile Special Stout beer. The company says, the beer is made 99% of Ugandan ingredients- barley and maize, locally grown in Uganda, then malted in Jinja and brewed at the Source of the Nile, using water from the mighty Nile River. The company’s Country Director, David Valencia says, they, between 2019 and 2020 have increased the share of local raw materials in the production process from 74.3% to 93.8% in 2020. Nile Breweries in 2019 spent UGX250 billion in procuring goods and services from suppliers across Uganda and this included UGX52 billion in agriculture inputs from Ugandan farmers, that increased to UGX80 billion in 2020. PHOTO/Courtesy

TAXING LOCAL RAW MATERIALS BEER: Balancing tax appetite with the need for safer alcohol, brewed in a sustainable grain-to-glass value chain

Experts participating in the just-concluded Nile Breweries Economic Forum, have urged the government to maintain a delicate balance between increasing the tax burden on existing compliant taxpayers and the need to build
August 21, 2021
Oil infrastructure in the Albertine. NEMA says the Tilenga and the EACOP projects were done in accordance with the laws of Uganda. File photo

Petroleum Authority of Uganda: Ongoing Project Procurement Processes Are In Line With The Law

The Petroleum Authority of Uganda (PAU) has responded to allegations that the ongoingprocurement processes for the oil and gas projects in Uganda are denying Ugandans economic rights to participate in the projects.
Coca-Cola Beverages Africa Public Affairs & Communications Director, Simon Kaheru, Eng. Dickson Kwesiga, Aquila Investments Limited Founder and Samuel Kangave, PRI Manager during the MoU signing.

Coca-Cola Beverages Africa Expands ‘World Without Waste’ Partnerships

Coca-Cola Beverages Africa in Uganda, through its Plastic Recycling Industries initiative (PRI), has expanded its World Without Waste partnerships in Uganda to increase plastic waste collection efforts countrywide. The Company signed two
August 20, 2021
Francis Kisirinya (Left), Acting Executive Director, PSFU and Tony Gadhoke the CEO Mukwano Industries Limited officially launch their partnership under the Enhancing Lead Firm Structure Project in Uganda

PSFU, Mukwano partner to create 50,000 jobs across the agricultural value chain

Private Sector Foundation Uganda (PSFU), through its Lead Firm Structure Project supported by the Mastercard Foundation, has partnered with Mukwano Industries Limited, a leading conglomerate in East and Central Africa and a
August 17, 2021
Right to Left is UBL Marketing Director - Emmy Hashakimana, Singer Azawi, Video Director Sasha Vybz, UBL Head of Beer Robert Nsibirwa, media personality Malaika Nyanzi, Comedian Uncle Mo, and the Guinness Brand Manager Elizabeth Mutamuliza at the Launch on Friday Night. Courtesy photo

BLACK SHINES BRIGHTEST: Guinness Launches Pan African Campaign in Uganda

Following organic sales growth of the Guinness trademark of 32% across the African continent for the year ending June 30, 2021, Guinness has launched a new campaign in Uganda and across key
August 14, 2021
BAT Uganda has seen profit decline due to an increasingly challenging market environment. Courtesy photo

BAT Uganda posts modest half year profit, decries sustained increase in illicit trade of tax-evaded cigarettes

British American Tobacco Uganda (BATU) Limited has said the first half of the year was characterised by a challenging operating environment occasioned by the Covid-19 pandemic as well illicit trade of tax-evaded
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