News & Analysis- Page 44

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

Protecting Uganda’s Sovereignty Without Undermining Its Economy

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

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

Capital Markets Authority clears buyers to invest in Buildnet’s multi-billion Waterfront Hotel Apartments Munyonyo project

The Capital Markets Authority (CMA) has given Buildnet the go-ahead to proceed with its media advertising content, which the Regulator had earlier disputed. This follows some amendments by Buildnet in the wording

December 12, 2024

Company News·News & Analysis·Real Estate & Construction·The Big Story

Herbert Kamuntu (black top) being presented an air ticket and a trophy by the I&M Bank Katogo Golf Series stakeholders.

Kamuntu, Basima triumph at I&M Bank Katogo Golf Series season finale

Herbert Kamuntu and Bridget Basima emerged the overall winners at the season finale of the 2024 I&M Bank Katogo Golf Series, held on Saturday at Entebbe Club. Kamuntu claimed the men’s overall

December 9, 2024

Company News·News & Analysis

Segun Ogusanya (L), former Airtel Africa CEO, Joyce Moriku Kaducu (C) - Minister of State for Primary Education, Munir Safieldin (R), UNICEF Representative to Uganda at the Airtel Africa and UNICEF reaffirmation of their shared commitment to accelerate access to quality education by millions of children in Uganda and the rest of Africa, through digital learning.

Airtel Uganda, UNICEF and Project Girls 4 Girls Mentorship Inspire Students to Overcome Life’s Challenges

“I have faced unimaginable challenges, but God has been my source of strength, keeping me going in school,” said a senior three female student of Oriajin Senior Secondary School in Arua alias

December 8, 2024

Executive Profiles·News & Analysis

Janet Museveni Commends Young Engineers Uganda Over Robotics Championship

First Lady and Minister of Education and Sports Hon Janet Kataaha Museveni has commended Young Engineers Uganda for organising a successful First Ever Uganda National STEM and Vex Robotics Championship. The event,

December 7, 2024

News & Analysis·Technology & Innovation

I&M Bank CEO Robin Bairstow (2nd right) poses for a photo moments with other golfers before teeing off during the previous event of the series.

I&M Bank Katogo Golf Series returns for season finale with exciting ‘Double Bogey Danger’ format

All is set for the 2024 I&M Bank Katogo Golf Series grand finale this Saturday, December 7 at the Entebbe Club. This will be the fourth event of the quarterly series, and

December 7, 2024

Business & Markets·Company News·News & Analysis

Equity Bank Uganda Headquarters on Church House, Kampala Road

Equity Bank Uganda negligently loses UGX4 bn in unreconciled online transactions

Even before the dust settles over an unprecedented digital fraud in which Equity Bank Uganda, in March this year, lost UGX65 billion to a combination of internal and external fraudsters, the CEO

December 7, 2024

News & Analysis·The Big Story

Minister of Energy and Mineral Development, Hon. Dr. Canon Ruth Nankabirwa (with scissors), launches UECCC's Results-Based Financing/Price Subsidy (RBF) Programme as sector stakeholders look on.

Government launches Results-Based Financing Programme to support Clean Energy adoption and access

The Government of Uganda through Ministry of Energy and Mineral Development and Energy Credit Capitalisation Company (UECCC) has officially launched its Results-Based Financing/Price Subsidy (RBF) Programme as part of the Electricity Access

December 6, 2024

News & Analysis·Politics & Goverment

L-R: Citi's Gina Schoeman and David Cowan.

Is Africa on the Cusp of a New Growth Spurt in 2025?

Despite ongoing challenges across Sub-Saharan Africa (SSA), Citi economists have indicated that the continent is undergoing another important moment in its growth trajectory. David Cowan, Citi Economist for SSA, and Gina Schoeman,

December 6, 2024

Global News·News & Analysis

Mumba Kalifungwa, is said to be headed to Stanbic Bank Uganda as its next Chief Executive

A peek into Mumba Kalifungwa’s time at Absa Bank Uganda

News is settling in, and the CEO East Africa Magazine has independently verified that the towering Mumba Kenneth Kalifungwa, previously the Managing Director at Absa Bank Uganda, is set to be the

December 6, 2024

Business & Markets·C-Suite Leadership·News & Analysis

Sanjay Rughani, Chief Executive Officer, Standard Chartered Bank

Q&A WITH SANJAY RUGHANI: Standard Chartered is not leaving Uganda but rather refocusing on Corporate and Institutional Banking

Last week you announced a change in your business structure, please elucidate more on these changes Last week we announced our intention to explore the sale of our Wealth and Retail Banking

December 5, 2024

CEO Perspectives·News & Analysis·The Big Story

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