TodaySunday, May 24, 2026
Business. Leadership. Impact
MTN Group Fintech Executive Phrase Lubega Set to Replace Richard Yego as MTN MoMo Uganda CEO
CEO East Africa Magazine has reliably learnt that seasoned MTN Group fintech executive Phrase Lubega is set to become the next Managing Director and Chief Executive Officer of MTN Mobile Money Uganda
Election Disruptions and City Decongestion Reforms Soften MTN Uganda’s Q1 2026 Performance
Election Disruptions and City Decongestion Reforms Soften MTN Uganda’s Q1 2026 Performance MTN Uganda’s growth engine slowed noticeably in the first quarter of 2026 as election-related
Succession Crisis, Entrenchment or Failure of People Planning? Inside UNOC’s Controversial Push to Extend Senior Executives’ Contracts
There is brewing discontent at the Uganda National Oil Company (UNOC) — the Government of Uganda’s commercial vehicle for managing the country’s petroleum interests — over a controversial internal push to potentially extend the contracts of several senior executives approaching the end of the company’s long-standing ten-year management tenure cycle. The quiet but increasingly sensitive discussions have triggered growing debate around succession planning, governance transparency, institutional continuity, and whether UNOC risks becoming overly dependent on a small circle of founding
Museveni, Dangote Back Larger East African Refinery as Uganda Advances Hoima Refinery Ambitions
Ugandan President Yoweri Museveni has held discussions with Nigerian billionaire industrialist Aliko Dangote on plans for a larger regional oil refinery for East Africa, while reaffirming that Uganda’s own refinery project in Hoima will proceed as planned. In a statement shared on X (formerly Twitter) following a meeting in Uganda’s capital, Kampala on May 17, Museveni said Uganda had consistently opposed the export of raw materials without value addition, a principle that influenced the country’s decision to delay commercial oil
Foreign-Controlled Firms Cannot Own Mailo Land, But Fraud Will Not Be Rewarded: Supreme Court Redefines Restitution in Landmark Biyinzika Case
Uganda’s Supreme Court has delivered a landmark commercial and land law judgment that could fundamentally reshape how foreign investors structure landholding arrangements in Uganda, while simultaneously redefining how courts handle failed or illegal commercial transactions. In a unanimous decision in Biyinzika Farmers Ltd & Another v Biyinzika Enterprises Ltd & Others (Civil Appeal No. 32 of 2021), the apex court ruled that foreign-controlled companies cannot legally own Mailo land in Uganda, but also held that illegality cannot be used as
Uganda Targets Industrial Growth Through Strengthened China Investment Partnerships
Uganda is positioning itself as a leading investment destination in Africa by leveraging its long-standing partnership with China
Faced With Rising Pressures, MTN Turns to Long-Term Share Incentives to Retain Senior Executives
Amid rising regulatory pressure, intensifying competition, tax disputes, expensive network expansion obligations, and the race to
Rankings & Lists
Fraud Alert: Fake Sudhir Ruparelia Accounts Increase on X, Raising Cybersecurity Concerns
A growing wave of impersonation accounts mimicking Ugandan business magnate Dr. Sudhir Ruparelia has triggered fresh warnings from cybersecurity experts, authorities, and the public, highlighting the increasing sophistication of online fraud schemes.
#CEOOfTheWeek: Mumba Kalifungwa — Unlocking Stanbic’s Lending Power to Drive Uganda’s Growth
When Mumba Kalifungwa stepped into the role of Chief Executive Officer at
How dfcu Bank Helped Agnes Mbabazi Turn Agrifarm Into a Ugandan Agribusiness Force
As Uganda celebrates International Women’s Day 2026, Agnes Mbabazi’s success story of
PROFILE: Birungyi Cephas Kagyenda — The Making of One of Uganda’s Leading Tax Lawyers
Tell us a bit about the firm, Birungyi, Barata & Advocates. To
Kalinzu Eco Lodge: Living Inside the Forest
Just before the road dips fully into Rubirizi District, the landscape changes in a way you can feel before you name it. Tea estates stretch out for the last time, their tidy lines slowly surrendering to a darker, denser green. The air cools. Birdsong grows louder. The forest begins to close in with quiet authority. It is here, at the
Lake Chahafi Resort: Where the Highlands Meet the Water.
After months of meetings, deadlines and constant movement, every leader eventually reaches a moment when they
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Economy, Policy & Regulation
Wife of 11th Parliament Deputy Speaker, Lands Diplomatic Role in One of the World’s Top Tax Havens, The Bahamas
Anita Rukundo Tayebwa, wife of outgoing Deputy Speaker of Parliament Thomas Tayebwa, has been appointed Honorary Consul of The Bahamas in Uganda, a move that quietly places one of Uganda’s politically connected
Uganda’s David Kaggwa Recognised as Africa’s Leading Construction Law Practitioner
Ugandan international arbitrator and construction lawyer David Ssekigudde Kaggwa has been recognised as Africa’s Leading Construction Law Practitioner at the Africa Construction Law (ACL) Awards 2026, held during the 6th Africa Construction
Uganda’s Real Estate Sector at a Defining Inflection Point: What the Protection of Sovereignty Bill, 2026 Means for Investors, Developers & the Diaspora
Uganda’s real estate sector—long regarded as one of the strongest drivers of urban growth, employment creation, and private investment—is entering a moment of heightened regulatory attention and uncertainty. The proposed Protection of
