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TodayThursday, May 07, 2026

News & Analysis- Page 55

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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Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga shaking hands with Nakawa East MP Hon. Balimwezo Ronald Nsubuga at Naguru Hospital. Looking on is Stanbic's Ali Lwanga

Stanbic Bank donates maternal healthcare equipment to Naguru Hospital

Stanbic Uganda Holdings Limited (SUHL) has donated vital medical equipment and consumables worth UGX 30 million to the maternity ward of Naguru Hospital, also known as China-Uganda Friendship Hospital. The donated equipment
July 3, 2024
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From Left to Right: I&M Bank Non- Executive Director Dr Ketan Marjoria, Board Chairman Suleiman Kiggundu, and CEO Robin Bairstow at a fireside chat during the Bank's Golden Jubilee celebrations at Kampala Serena Hotel on June 28th, 2024.

I&M Bank express interest in listing on Uganda Securities Exchange at its 50th anniversary celebrations

The I&M Bank Board Chairman, Mr. Suleiman Kiggundu has said, the Bank has a plan in motion to list on Uganda Securities Exchange, a move that is set to boost Uganda’s stock
June 30, 2024
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Dr. Ketan Morjaria, the Non-Executive Director and founding member receives a Life Achievement Award from Finance Minister Matia Kasaija (R), flanked by I&M Chief Executive Officer, Mr Robin Bairstow

I&M Bank is financially sound- Finance Minister Kasaija reaffirms at the Bank’s 50th anniversary celebrations

Finance Minister  Matia Kasaija has hailed  I&M Bank for meeting its minimum paid-up capital requirements of up to UGX 210 billion. Minister Kasaija noted the Bank was resilient and adaptable in the
June 30, 2024
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Left-Right: Jubilee Life CEO, Sumit Kumar; Chief Operations Officer, Dorcus Kuhimbisa  and Financial Literacy Coach, Sharon Tumushabe at the launch of the Jubilee Smart Save Plan.

Government urged to incentivise insurance to boost uptake

In Uganda, where economic stability is often precarious, the need for a strong culture of saving and insurance is more critical than ever. However, the uptake of insurance products remains significantly low
June 27, 2024
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