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News & Analysis- Page 52

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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Minister for Kampala Hon Minsa Kabanda, VAAL Uganda CEO Mr. Islam Mohamed, Deputy ED KCCA Eng David Luyimbazi, Chairperson of the physical planning board Ms Amanda Ngabirano, together with other officials, officially break ground on Cadenza Residence signifying commencement of construction

VAAL Real Estate breaks ground for Cadenza Residence, Kampala’s tallest luxury homes project

VAAL Real Estate has broken ground for Cadenza Residence, its flagship project in Uganda. The event, held at the project site on Plot 1 Katonga Road, Nakasero, marks the official commencement of
July 29, 2024
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At 24 storeys and 80 metres high and several luxurious amenities to complement a comfortable lifestyle Cadenza Residences, when it is completed in July 2027, will be the tallest and one of a kind on the Kampala City skyline.

9 reasons to buy into VAAL Real Estate’s iconic Cadenza Residences in Nakasero, Kampala

This week, VAAL Real Estate the latest entrant into Uganda’s bustling real estate industry, unveiled Cadenza Residences, a 308 luxury homes project in Nakasero, a leafy upscale Kampala neighbourhood. Described by the
July 29, 2024
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LEFT-RIGHT: Hon. Justice Stephen Mubiru of the High Court of Uganda's Commercial Division; URA's Commissioner General, John Musinguzi Rujoki; Isaac Ssali Mugerwa, Partner at M/s Bluebell Legal Advocates and the Liquidator of Crane Autos Ltd and Nelson Nerima, Partner, Nambale, Nerima & Co. Advocates & Legal Consultants and lawyer for the other respondents in the case.

EDITORIAL: Does Court have jurisdiction to resurrect a dead company?

On the 16th day of July 2024, Hon. Justice Stephen Mubiru of the High Court of Uganda’s Commercial Division delivered a controversial ruling reviving Crane Autos Limited. This company had been dissolved
July 28, 2024
The Young Engineers Uganda Team members representing at Pan-African Robotics Competition 2024 in Dakar, Senegal include Shanice Asante Baluka from Heritage International School, Roshan Aitham Karoobi from The Stoneridge School, and Donald Intwari Buchanan from Aga Khan International School. They are accompanied by their coaches, Monica Arinaitwe and Anatori Tucungwire.

Young Engineers Uganda Represent Uganda at Pan-African Robotics Competition 2024 in Dakar, Senegal

Young Engineers Uganda is back at this year’s prestigious Pan-African Robotics Competition (PARC) 2024 in Dakar, Senegal. A team comprising three talented students and two dedicated coaches departed on July 25th to
July 28, 2024
Anthony Kituuka, Managing Director at Equity Bank Uganda presents the bank's initiatives to ELP Scholars during the Innovation Hub Rollout at Eureka Place Hotel in Ntinda

Innovative Minds Set to Soar: Equity Bank Launches Innovation Hub to Empower Future Tech Leaders

Forty exceptional university students are set to embark on transformative training and mentorship at the Equity Bank Innovation Hub, where they will delve into the intricacies of app development, tackle technology challenges
July 25, 2024
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Uganda's Finance Minister, Hon. Matia Kasaija (5th left) and the Minister of State Planning, Hon. Amos Lugoloobi (5th right) together with Felix Okoboi (4th right) the bank's Chairman and Patricia Ojangole (2nd right), the bank's Managing Director, join the bank's board to present the 2023 performance report during the 23rd July 2024 AGM. Uganda's Finance Minister, Hon. Matia Kasaija (5th left) and the Minister of State Planning, Hon. Amos Lugoloobi (5th right) together with Felix Okoboi (4th right) the bank's Chairman and Patricia Ojangole (2nd right), the bank's Managing Director, join the bank's board to present the 2023 performance report during the 23rd July 2024 AGM. Uganda's Finance Minister, Hon. Matia Kasaija (5th left) and the Minister of State Planning, Hon. Amos Lugoloobi (5th right) together with Felix Okoboi (4th right) the bank's Chairman and Patricia Ojangole (2nd right), the bank's Managing Director, join the bank's board to present the 2023 performance report during the 23rd July 2024 AGM.

CREATING A SUSTAINABLE IMPACT: UDB extended UGX610 billion in new loans in 2023

Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution has released its 2023 results, reporting what the bank says is a “continued pivotal role in fostering economic resilience and sustainable
July 24, 2024
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A rendering of the Bugesera International Airport, 40kms from Kigali. At a cost of $2bn, Rwanda envisions the new airport as a hub for aviation in Africa.

Rwanda’s New Ambitious $2Bn International Airport’s Ground-level Works 85% Complete.

The Bugesera International Airport, located about 40 kilometres south of Kigali, is making significant strides in its construction, with ground-level facilities and infrastructure now reported to be 85% complete. Managed by Aviation
July 22, 2024
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