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A high-stakes standoff between Prism Construction, government, and Equity Bank threatens Emin Pasha Hotel properties and a Radisson project, exposing unpaid claims, missed directives, and escalating legal and financial risks.
A high-stakes standoff between Prism Construction, government, and Equity Bank threatens Emin Pasha Hotel properties and a Radisson project, exposing unpaid claims, missed directives, and escalating legal and financial risks.

Ignored Presidential Directives in UGX34b Debt Push Emin Pasha Owner Toward Crisis as Equity Bank Again Targets Charged Properties and Puts Radisson Hotel Project at Risk

A deepening financial and legal standoff between Prism Construction and government has escalated into a high-stakes crisis, with Equity Bank moving to realise securities, placing key properties linked to the Emin Pasha
March 30, 2026
A photo collage of President Museveni, Jenifer Bamuturaki, former Uganda Airlines CEO, and Girma Wake, the former Ethiopian Airlines CEO who is now charged with the leadership transition at Uganda Airlines

Museveni Appoints Girma Wake Acting CEO of Uganda Airlines, Directs Bamuturaki to Step Aside

President Yoweri Museveni has directed that former Ethiopian Airlines Chief Executive Officer Girma Wake be appointed to lead a management transition at Uganda Airlines, amid ongoing efforts to stabilise the national carrier
February 16, 2026

 

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