News & Analysis- Page 60

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

by CEO East Africa Magazine

Agent Banking Company Rides on Uganda’s Agent Banking Wave to Post UGX 7.3 Billion in Revenue and UGX 2.8 Billion in Profit

Uganda’s Agent Banking Company (ABC), a shared industry platform established by the Uganda Bankers’ Association (UBA) in partnership with fintech firm Eclectics, delivered a strong financial performance in 2025, underpinned by rising transaction volumes and steady expansion across the country’s

April 25, 2026

by CEO East Africa Magazine

Protecting Uganda’s Sovereignty Without Undermining Its Economy

By Zianah Nyiramanza Muddu The Protection of Sovereignty Bill, 2026, speaks to a real concern. But,

One Year Since Rajiv Ruparelia’s Passing: Motorsport Fans to Honour Him with Memorial Drive

One year on, the engines will roar again—not for competition, but for remembrance—as Uganda’s motorsport community

Absa Bank opens new office in China

Absa Group has marked a historic milestone with the official launch of a non-banking subsidiary in the People’s Republic of China, fortifying the vital economic bridge between Africa and China. The Absa

May 17, 2024

Banking & Financial Services·News & Analysis·The Big Story

UGANDAN BILLIONAIRES: Amos Nzeyi, the little bread vending boy from Kabale who grew up into a ‘big boy’ in Kampala

Name: Amos Nzeyi Source of Wealth: Carbonated Soft Drinks and Water, Hospitality & Tourism, Confectionaries & Real Estate Age: 75 years Estimated Worth: US$ 57 million (UGX200 billion) Amos is a Ugandan

May 17, 2024

Billionaires·C-Suite Leadership·News & Analysis·The Big Story

Equity Group Chief Finance Officer, Moses Nyabanda, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Group Chief Internal Auditor, Beth Kithinji, during the Q1 2024 Investor Briefing event

Equity Group reports strong financial recovery with Kshs.16 billion profit in first quarter results

Equity Group Holdings has bounced back stronger, recording Kshs.16 billion (USD 122 million) in profit after tax in the first quarter after reporting a 5% decline in profits for the year ended

May 15, 2024

Banking & Financial Services·News & Analysis·The Big Story

Pascal Mukisa, the Head of CRB Services at the Bank of Uganda.

MOBILE CREDIT SCORE⎮ Bank of Uganda applauds gnuGrid CRB for leading financial-inclusion-driving innovation in credit scoring

The Bank of Uganda has applauded the recent launch of gnuGrid CRB’s Mobile Credit Score as “a momentous occasion in the credit information sharing space” and a “pivotal moment in the financial

May 15, 2024

Banking & Financial Services·Company News·News & Analysis

A state of the art Dei Biopharma drug manufacturing factory complex in Matugga, Wakiso District

Dei Biopharma gets greenlight to begin drugs manufacturing in Uganda

Uganda’s National Drug Authority (NDA) has granted a landmark license to Dei Biopharma Limited to manufacture drugs at its premises in Matugga on the outskirts of Kampala City along Bombo road. The

May 14, 2024

News & Analysis·The Big Story

Robin Bairstow, CEO I&M Bank Uganda officially hands over a cheque worth UGX 42.4 million of donated items to Dr Andrew Ssekitooleko, CEO Nsambya Hospital and Assumpta Nabawanuka, Clinical Director at Nsambya Hospital.

I&M Bank celebrates Mother’s Day with donations to expectant mothers at St. Francis Hospital Nsambya

I&M Bank Uganda yesterday donated 500 mama kits and eight emergency trolleys to St. Francis Hospital Nsambya in commemoration of this year’s Mother’s Day as a demonstration of the bank’s commitment to

May 13, 2024

Company News·News & Analysis

Agnes Neptune with clients at her Buto, Bweyogerere factory outlet.

LIFE AFTER AGOA BAN⎮Agnes Netunze, Uganda’s top leather products exporter speaks out on her next move

Arise Kollections manufactures and distributes high-end leather and textile fashion accessories such as handbags, footwear, jewellery, and hand-woven items to several foreign and local markets. Mrs. Kitumba’s luck came in 2012 when she

May 11, 2024

News & Analysis·The Big Story·Women In Leadership

Kenneth Egesa, Director, Communications at the Bank of Uganda

Why you should invest in Treasury Bills and Bonds

Seeking a safe and reliable way to grow your savings while supporting the Ugandan economy? Look no further than Treasury bills and bonds, issued by Bank of Uganda (BoU) on behalf of

May 11, 2024

News & Analysis·Thought Leadership

Mrs. Charmaine Mabuza (left) the Ithuba Chief Executive and James Mbalwe the Director General of the Gaming Board of Tanzania (GBT) shake hands after the landmark deal

South Africa’s gaming leader, Ithuba that recently won a 10-year Ugandan national lottery license, also wins Tanzania license

Ithuba Holdings RF (Pty) Ltd which in August 2023 won a 10-year license to run Uganda’s national lottery, has also been awarded a licence to run Tanzania’s national lottery. Ithuba, a black

May 10, 2024

Company News·News & Analysis

Absa Bank, World Vision commission menstrual hygiene facilities for 900 school girls in Karamoja sub-region

Absa Bank Uganda in partnership with World Vision has commissioned a fully functional borehole and a changing room facility that will positively address menstrual hygiene challenges faced by 900 girls enrolled at

May 10, 2024

Company News·News & Analysis

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