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TodayThursday, May 07, 2026

News & Analysis- Page 59

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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Left-Right: Vincent Tumwijukye, Chief Executive Officer, FutureLink Technologies; Ann Marie Mwaka Sabano - Head of Business Development - aBi Finance Ltd; Richard Byarugaba, Executive Director of Finance, Bank of Uganda; Ms. Edith Namugga Tusuubira, the Executive Director, Uganda Microfinance Regulatory Authority (UMRA); and Sumayyah Nakimuli Sengendo, Managing Director, gnuGrid CRB launch the first SACCO Industry Dashboard and Credit Score.

FutureLink Technologies And gnuGrid CRB launch the First SACCO Industry Dashboard and Credit Score in Uganda

FutureLink Technologies and gnuGrid CRB have launched Uganda’s first Savings and Credit Cooperative Organization (SACCO) Industry Dashboard and Credit Score. The innovative Dashboard allows SACCOs and Microfinance Institutions (MFIs) to refine their
May 29, 2024
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Hassan Saleh, Managing Director for MultiChoice Uganda, Dr Aminah Zawedde, the PS, Ministry of ICT and National Guidance of Uganda, Fhulufhelo Badugela, the CEO for MultiChoice Africa Holdings and Dr Keabetswe Modimoeng Group Executive: Regulatory & Corporate Affairs (MultiChoice Group) celebrating the signing of the MoU between the two parties in Randburg, Johannesburg yesterday

MultiChoice Africa signs MoU with Uganda’s ICT Ministry to enhance local content and copyright

MultiChoice Africa Holdings B.V and Uganda’s Ministry of ICT and National Guidance have announced a new cooperation agreement geared towards establishing stronger partnerships in digitalisation, enhancing the local content sector, intellectual property
May 26, 2024
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MTN Uganda CEO Sylvia Mulinge flanked by other MTN officials hands over a Shs 42.45bn dummy cheque to UCC ED Thembo Nyombi towards Universal Service and Access Fund in Kampala on May 24, 2024.

MTN Uganda commits UGX 42.5 billion to UCC’s Universal Service and Access Fund

MTN Uganda has contributed UGX 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund, aimed at developing telecommunications services in underserved areas. The funding marks a significant increase
May 25, 2024
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Varghese Thambi (right) chats with Godfrey Sebaana, the incoming CEO at the former's 21st May 2024 farewell dinner. Thambi leaves DTBU after 17 years and 40-fold growth in the bank's assets.

How I grew Diamond Trust Bank Uganda by 40 times in 17 years⏤ Varghese Thambi’s Untold Story

It all started with a call from a recruitment agency executive. At the time, Thambi had spent 30 years in the banking industry, rising to become a Senior Vice President and Head
May 24, 2024
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