Kampala, Uganda | THE INDEPENDENT | Aya Investment Limited, which owns Pearl of Africa Hotel Kampala has again lost a bid to stay the execution of an order to auction the hotel for non-payment of loans amounting to over US$ 300 million. Three Court of Appeal judges; Fredrick Egonda-Ntende, Monica …
Read More »Finally, Hilton Hotel enters Ugandan market
New player expected to boost local tourism industry Kampala, Uganda | RONALD MUSOKE | Global hotel brand, Hilton, will soon enter the Ugandan market, boosting the country’s fast growing hospitality industry. The company’s representatives on March 22 signed a hotel management agreement with TWED Property Development Company to manage a …
Read More »Grand opening of Pearl of Africa Hotel
Kampala, Uganda | THE INDEPENDENT | A week after the Pearl of Africa Hotel Kampala officially opened its doors with fireworks, President Yoweri Museveni launched the 5-star facility at a colourful ceremony on Tuesday night. Museveni thanked the Aya Brothers for the investment that will create jobs for Ugandans and boost …
Read More »Aya chairman sick, Kabafunzaki trial adjourned to November 16
Kampala, Uganda | GODFREY SSALI | Aya Investment Company chairman Mohammad Hamid, the key witness in the corruption case against Labour State Minister Hebert Kabafunzaki and two others, has appeared before the Anti-Corruption Court but declined to testify, claiming he is not feeling well and had an appointment with his doctor. …
Read More »Minister Kabafunzaki bribery trial date set
Hearing of the corruption case against embattled Minister of State for Labour Herbert Kabafunzaki together with his political assistant Brian Mugabo and an interior designer one Bruce Lubowa has been fixed for June 28 before the Anti-Corruption Court. This after Prosecution’s Maxim Erizooba informed court Thursday that investigations in this …
Read More »AYA: I have a shared vision with Museveni
By The Independent Reporter Following The Independents story: AYA Hilton on sale, Museveni fights to save it (Issue 34 p18-19) President Yoweri Museveni came out to defend the construction project. In an interview with The Independent, AYA Executive Chairman Mohammed Hamid explains the controversy surrounding the project and Mr Museveni’s …
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