Pearl of Africa Hotel Faces Auction Over USh600 Billion Debt

UGANDA, Kampala | Real Muloodi News | One of Uganda’s prestigious five-star establishments, the Pearl of Africa Hotel also known as Aya Hotel, located on Nakasero Hill’s outskirts, is on the brink of being auctioned due to an outstanding debt exceeding USh600 billion. Businessman Mohammed Hamid, the owner of the hotel, faces this predicament after defaulting on a … Continue reading Pearl of Africa Hotel Faces Auction Over USh600 Billion Debt