News & Analysis- Page 58

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
Mr. İlyas BENVENISTE, the ACIBADEM Business Development Director, H.E. Mehmet Fatih AK, the Ambassador of Türkiye, HE Nasura Tiperu, Uganda Ambassador to Turkiye and Levent Serdar DERVIŞOĞLU, the Honorary Consulate of the Republic of Uganda in Istanbul cut officially open the Kampala Office.

Turkey’s ACIBADEM Healthcare Group opens its first information office in Kampala

ACIBADEM, a leading medical group in the private healthcare sector in Türkiye, inaugurated its first information office in Uganda, in Kampala, on Wednesday, May 29th, 2024. The office is located in Acacia
H.E. Mr. Jan Sadek, the Ambassador of the European Union to the Republic of Uganda, speaks at the just-ended Pearl of Africa Tourism Expo (POATE) 2024 at the Speke Resort Convention Centre, Kampala, Uganda. COURTESY PHOTO.

H.E. JAN SADEK⎮ There’s plenty more work to do yet, to unleash the full potential of Uganda’s tourism 

I am delighted to be here today at this seminar with the objective to discuss Sustainable financing for tourism and hospitality. I will try to present to you what the European Union
Equity Bank Uganda Limited Executive Director Elizabeth Mwerinde signs the Financial Literacy Strategic Plan, marking its official launch. Looking on is Mr. Ogwapus Moses, Commissioner Ministry of Finance..

Equity Bank bags Award for promoting financial education and inclusion 

Equity Bank Uganda has been recognised and awarded for promoting financial education and inclusion by the Uganda Financial Literacy Association (UFLA), an umbrella body which unites stakeholders in the financial literacy field.
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