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TodayThursday, May 07, 2026

News & Analysis- Page 64

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: Standard Bank Group (SBG) Board Chairman Nonkululeko Nyembezi (left); the Chief Executive, Sim Tshabalala (2nd left) and Patrick Mweheire (centre), the Standard Bank’s Regional Chief Executive for East Africa, met with Central Bank officials, Dr. Atingi-Ego (2nd right) and Twinemanzi (right).

Standard Bank Group Chief Executive Sim Tshabalala, Board Chair Nonkululeko Nyembezi meet BOU officials over changes at Stanbic 

The Standard Bank Group (SBG) Chief Executive Sim Tshabalala and Board Chairman Nonkululeko Nyembezi were reportedly in Uganda for two days, last week, during which they held meetings with different stakeholders including
April 8, 2024
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Paul Muganwa (left) Stanbic Uganda Head of Corporate & Investment Banking and Sim Tshabalala, the Standard Bank Group CEO.

STANBIC BANK ON FUNDING EACOP PIPELINE⏤ We are committed to just energy transition and global standards on environment and social safety

Stanbic Bank Uganda, Uganda’s largest bank and a subsidiary of the Standard Bank Group, Africa’s largest banking group has said that it is still doing its own due diligence on financing of
April 1, 2024
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Sim Katende, Partner and Head of KATS’ Banking & Finance, Corporate & Commercial, Energy, Oil & Gas, M&A, Capital Markets and TMT Practices speaks at the Succession Planning Breakfast, organised by enjovu Family Business.

SUCCESSION PLANNING IN FAMILY-OWNED BUSINESSES: A Legal Expert View On Effective Estate Planning

First of all, what is estate planning? Estate planning encompasses determining how your assets Will be preserved, managed, and distributed after your death or if you become incapacitated. Every family business needs
April 1, 2024
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Left-Right: Sim Katende, Partner at Katende, Ssempebwa & Co. Advocates; Robin Bairstow, CEO, I&M Bank Uganda and Edward Burbidge, the CEO, I&M Burbidge Capital underscored the importance of proper estate planning supported by legal and financial advisers.

Start estate planning now or risk losing legacy and or the business altogether⏤ experts advise family-owned businesses

To ensure business stability and continuity in the event of the death of the founder as well as preserve intergenerational wealth, business owners/founders have been urged to prioritise estate planning. Estate planning,
April 1, 2024
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UNOC's Chief Executive Officer, Ms. Proscovia Nabbanja (2nd right) receives the petroleum products importation license from Daniel Kiptoo Bargoria (centre), the Director General of the Energy and Petroleum Regulatory Authority (EPRA).

Kenya grants Uganda petroleum products import license, as two trade frenemies bury yet another hatchet 

The government of Kenya, through its energy sector regulators, the Energy and Petroleum Regulatory Authority of Kenya (EPRA) has finally granted the the Uganda National Oil Company (UNOC) a petroleum products importation
March 29, 2024
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