News & Analysis- Page 47

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
I&M Bank Katogo Golf Series stakeholders pose for a photo moment at Limuru Country Club following the conclusion of the Migingo Skirmishes on Saturday.

Ugandan golfers light up Limuru Country Club as I&M Bank Katogo Golf Series makes Kenyan debut

Over 200 amateur golfers from Uganda and Kenya participated in the first-ever I&M Bank Katogo Golf Series tournament at Limuru Country Club on Saturday, November 9, 2024. Dubbed the ‘Migingo Skirmishes,’ the
Left-Right: Zeob Yeolawala, CEO of Universal Properties; Yousuf Fakhruddin, the CEO of Fakhruddin Properties and Qusai Haidry, the Director of Sales at Fakhrudding Properties.

INVESTIGATION: Who are the faces behind Kampala’s condemned shoddy apartments?

A special committee instituted by the Office of the Inspector General of Government (IGG) has commenced investigations into three real estate companies for breach of construction guidelines for some of the residential
November 11, 2024
Ebru Pakcan, Citi's Middle East & Africa Cluster and Banking Head (left) and Hon. Henry Musasizi, the Minister of State, General Duties, in the Ministry of Finance, Planning and Economic Development.

Gov’t of Uganda secures UGX640 bn loan from Citi, ATIDI and Dev’t Bank of Southern Africa for roads

Citi today announced a EUR 126 million loan to the Government of the Republic of Uganda to fund the design and build of the Lusalira to Sembabule road project in Uganda. Citi acted
Uganda Breweries Marketing Director Catherine Ndungu gifting Vision Group CEO Don Wanyama at the launch on Saturday.

Johnnie Walker Launches First-Ever Gifting Studio in Bugolobi to Kickstart the 2024 Festive Season Campaign

Johnnie Walker Uganda has launched its 2024 Gifting Campaign, “The Gift of Big Flavor,” with an exclusive opening of its first-ever Gifting Studio at Village Mall in Bugolobi. The studio, designed to
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