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TodaySunday, May 10, 2026
Muhereza Kyamutetera

Muhereza Kyamutetera

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to #TakeYourPlaceInTheAfricanSun

Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at strengthening oversight, improving coordination, and enhancing execution as it scales operations in Uganda’s increasingly complex banking landscape.
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at strengthening oversight, improving coordination, and enhancing execution as it scales operations in Uganda’s increasingly complex banking landscape.

Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Centenary Bank’s recent appointment of Michael Opira as Executive Director, Operations is more than a routine leadership change—it is part of a deliberate and strategic board-led restructuring of the bank’s executive architecture
April 26, 2026
Allen Kagina, former Executive Director of the now-defunct Uganda National Roads Authority (UNRA), and Gen. Katumba Wamala, Minister of Works and Transport, are central figures in Uganda’s road infrastructure sector, now under renewed scrutiny following a High Court ruling on procurement integrity and fraud allegations.
Allen Kagina, former Executive Director of the now-defunct Uganda National Roads Authority (UNRA), and Gen. Katumba Wamala, Minister of Works and Transport, are central figures in Uganda’s road infrastructure sector, now under renewed scrutiny following a High Court ruling on procurement integrity and fraud allegations.

High Court Clarifies: Fraud Allegations in Public Contract Disputes Must Be Heard—Even Late

The case stems from a major infrastructure procurement initiated by the former Uganda National Roads Authority (UNRA), now operating under the Ministry of Works and Transport, for the upgrading of key road
April 26, 2026
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Grace Muliisa, Managing Director of Ecobank Uganda, whose leadership has steered the bank through a remarkable turnaround, culminating in assets crossing UGX 1 trillion and profits more than doubling to UGX 24.3 billion in 2025.
Grace Muliisa, Managing Director of Ecobank Uganda, whose leadership has steered the bank through a remarkable turnaround, culminating in assets crossing UGX 1 trillion and profits more than doubling to UGX 24.3 billion in 2025.

Ecobank Uganda 2025 Assets Cross UGX 1 Trillion as Profits More Than Double to UGX 24.3 Billion

Ecobank Uganda, the Ugandan subsidiary of Africa’s financial services giant, Ecobank Transnational Incorporated (ETI), has reported one of the most striking post-pandemic recoveries in Uganda’s banking sector, crossing the UGX 1 trillion
April 24, 2026
FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, oversight, and timely, lawful case resolution across institutions and sectors.
FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, oversight, and timely, lawful case resolution across institutions and sectors.

79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

Justice Bonny Isaac Teko’s ruling in BMS General Trading vs Financial Intelligence Authority and Attorney General (Misc. Cause No. 0025 of 2026) may, at first glance, appear to be a routine dispute,
April 18, 2026
(L–R): David Wandera, Managing Director; Michael Segwaya, Chief Financial Officer; and Keith Kalyegira, Board Chairman—leaders at the centre of Absa Uganda’s 2025 breakout performance, steering the bank through a period of transition to deliver accelerated growth, stronger financials, and a clear strategic shift toward scale and impact.
(L–R): David Wandera, Managing Director; Michael Segwaya, Chief Financial Officer; and Keith Kalyegira, Board Chairman—leaders at the centre of Absa Uganda’s 2025 breakout performance, steering the bank through a period of transition to deliver accelerated growth, stronger financials, and a clear strategic shift toward scale and impact.

Facts Behind the 2025 Figures: The Year Absa Uganda Shifted Gears—Growth, Discipline, and a New Leadership Era

Absa Bank Uganda’s 2025 results were not just strong—they were unexpectedly strong for the moment in which they were delivered. In a year defined by leadership transition, shifting market dynamics, and underlying
April 17, 2026
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Benard Paul Mono, Acting Director General of the East African Development Bank (EADB), says the “giant is awake” as the Bank moves to accelerate lending, deepen regional partnerships, and grow its loan book to USD 600 million by 2027.
Benard Paul Mono, Acting Director General of the East African Development Bank (EADB), says the “giant is awake” as the Bank moves to accelerate lending, deepen regional partnerships, and grow its loan book to USD 600 million by 2027.

The Giant is Awake—and Open for Business: EADB Targets USD 600 Million by 2027 — A Q&A with Acting Director General Benard Paul Mono

At the end of 2024, EADB reported total assets of approximately USD 506 million, but only about 30% of that balance sheet was deployed into customer lending. A significant portion remained in
April 17, 2026
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David Wandera, Managing Director of Absa Bank Uganda — the first Ugandan to lead the bank in its over 90-year history — whose first full year at the helm delivered a 25% surge in profits, 46% growth in deposits, and a balance sheet that crossed the UGX 7 trillion mark, signalling a new phase of scale, discipline, and momentum.
David Wandera, Managing Director of Absa Bank Uganda — the first Ugandan to lead the bank in its over 90-year history — whose first full year at the helm delivered a 25% surge in profits, 46% growth in deposits, and a balance sheet that crossed the UGX 7 trillion mark, signalling a new phase of scale, discipline, and momentum.

25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda

When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a defining moment
April 15, 2026
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