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TodayThursday, May 07, 2026

News & Analysis- Page 50

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
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Isa Kato, the Vice President of Uganda Tourism Association (UTA) makes remarks on behalf of Mrs Yogi Biriggwa, the President of UTA.

Allocate optimum resources to maximise Uganda’s tourism potential and accelerate post- pandemic recovery- UTA President, Mrs. Yogi Biriggwa says

The Uganda Tourism Association (UTA) President, Mrs. Yogi Biriggwa, has urged the government and development partners to direct more efforts and resources to accelerate post-pandemic tourism sector recovery. In a World Tourism
September 28, 2024
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Mr. Daniel Kiptum (middle), the Instaremit Limited Head of Operations, hands over a gift to Mr. Anzad Khan (2nd left), the General Manager of East African Glassware Mart. With them are Mr. Riyaz Naghoor (left), the Flex Money Group CEO, and Thanveer Ma (2nd right), the Flex Money Group Head of Operations, as well as another member of staff. This was during the company’s launch event in Kampala.

East Africa’s Remittance Giant, Flex Money Group, Secures Licenses in Uganda: Promises Game-Changing Cross-Border Services

Flex Money Group, one of Africa’s leading money remittance providers, has acquired Forex and International Money Remittance licenses in Uganda. Operating under the brand InstaRemit, the company opened its first customer engagement
September 23, 2024
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Left-Right: David Opio Obwangamoi, the Executive Director, gnuGrid CRB; Sheila Birungi, the Head of the Legal Department at UMRA; Japhet Aritho, the Airtel Mobile Money Managing Director; and Giles Aijukwe Germany, the Letshego Uganda Chief Executive Officer.

Airtel Money and Letshego launch gnuGrid CRB-powered digital loans, LetsGo Pesa

To expand financial inclusion and extend much-needed credit to the financially underserved, Airtel Mobile Commerce Uganda Limited (Airtel Money) and Letshego Uganda have launched LetsGo Pesa digital loans. The unsecured microcredit facility
September 16, 2024
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Francis Karuhanga, Chief Executive, Stanbic Uganda Holdings Limited (SUHL); Anne Juuko, East Africa Global Markets Executive Head—Standard Bank Group; Patrick Mweheire, Regional Chief Executive for East Africa, Standard Bank Group; Catherine Poran, hitherto, Standard Bank Mozambique’s Executive Head of Corporate Investment Banking, but now Chief Executive, Stanbic Business Incubator; Doreen Rwakatungu Musiime, Chief Audit Officer, Standard Bank Group; Kenneth Kitungulu, Africa Regions, Head of Trading, Standard Bank Group and David Kenneth Mutaka—Executive Head, People and Culture, Standard Bank Mauritius.

SPOTLIGHT: Uganda shines as Stanbic exports top banking executives to Africa

In a show of the country’s human capital prowess, Stanbic Bank Uganda, the country’s largest commercial lender, has exported several top banking executives to the rest of Africa in a space of
September 9, 2024
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