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Tag Archives: auctioning

KCB auctions Rwanda’s Ubumwe Grande Hotel

Kampala, Uganda | THE INDEPENDENT | Rwanda’s Ubumwe Grande Hotel fetched $34.053 million in as auctioneers that was held on Dec 24 to recover money owed to Kenya Commercial Bank’s Rwandan unit. The winning bid for the property was offered by Umubano Industries. Reports indicate that more than a dozen interested parties …

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