The year has come to an end, but for our working people, the 2025 KPIs had them at chokeholds, and the hustle and bustle will spill over to 2026. So, colleague, close that laptop and enjoy before Janu-worry ends, so that you start off the first quarter of the new year on a clean slate. Well, the concept of Key Performance Indicators (KPI) is not foreign in corporate circles or to any professional who has a Job Description (JD) which is, in most cases, complementary to the KPIs. A key performance indicator is a type of performance measurement that evaluates the success of…
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Banks are lending more freely for now, but are preparing to tighten the taps as election uncertainty builds, and borrowers show signs of strain. Lending conditions in the quarter ending December 2025 were broadly unchanged, though with a gentle bias toward easing. Credit standards eased by 9.2% for enterprises and 18.5% for households, supported by stable inflation, seasonal demand, and targeted support for small businesses and consumers. That supportive stance is expected to shift. Banks anticipate a net tightening of 16.1% in enterprise credit standards by March 2026, marking a clear move from cautious optimism toward more active risk management….
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If there are any Ugandan CEOs in the hot seat, then it is Uganda Airlines’ Jennifer Bamuturaki and Uganda Electricity Distribution Limited’s Paul Mwesigwa. They run two strategic state enterprises, and both are under intense pressure at exactly the moment when politics, performance, and public frustration are converging. Some of the problems they face are inherited. Others stem from decisions made on their watch. But in state enterprises, where accountability is often as political as it is managerial, leaders can be sacrificed, sometimes not because they caused the crisis, but because they are the most visible symbol of it. A…
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By Denise Kayiraba Across East Africa, institutions are operating in an environment that appears familiar on the surface but has fundamentally shifted underneath. Markets are expanding, regulatory frameworks are tightening, and public visibility has increased significantly. Yet many organisations continue to manage reputation as though scrutiny is occasional, containable, and largely reactive. It is not. As the region approaches 2026, East Africa is entering a period of heightened reputational accountability driven by forces that boards, chief executives, and political leaders can no longer afford to treat as peripheral. Legal processes are increasingly visible, civic engagement is more organised, and digital…
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When UMEME’s concession ended in March last year, the market assumed finality. Power lines would keep running, but value, many believed, had gone with the concession. The share price, according to an analysis from Crested Capital, at UGX142, told that story clearly of a company at the end of its road. But then came an arbitration, which perse, is not an epilogue, but opened a second chapter. In June last year, Umeme escalated a $292m compensation claim against the government of Uganda in a London arbitration. Weeks of talks had failed to end the stalemate over compensation for unrecovered assets…
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On the surface, Uganda’s real estate sector appears to be thriving. Cranes dot Kampala’s skyline, mortgage uptake is rising, and Government revenue from corporate and rental income taxes continues to grow. But beneath this apparent progress lies a quieter strain—one that tax experts warn could slow the sector’s momentum if left unaddressed. Patricia Kiggundu, a Tax Manager at PwC Uganda, likens the situation to the old parable of the goose that laid golden eggs. Real estate, she argues, is steadily contributing to the economy, but excessive or poorly structured taxation risks killing off its long-term potential. Recent figures show why…
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Deepak Pandey is poised to make a return to the top of Uganda’s insurance industry after being lined up as Chief Executive Officer of the reorganised Jubilee Life Insurance, according to sources familiar with the matter. The development follows the recent restructuring of Jubilee’s life and health insurance operations in Uganda, which saw the consolidation of the businesses into a single entity aimed at improving operational efficiency, governance, and market competitiveness. People with knowledge of the discussions say the reorganisation created room for a leadership reset at the life insurance unit. Sources say Pandey’s comeback reflects renewed confidence by the…
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MUA Insurance has appointed seasoned insurance executive Nicholas Lutakome as its new Chief Executive Officer, marking a leadership transition aimed at accelerating growth and deepening the company’s footprint in Uganda’s increasingly competitive insurance market. Lutakome, who is currently the Chief Executive Officer of CIC General Insurance, will take over from Latimer Mukasa, who is set to retire on December 31, 2025, after more than eight years at MUA. Lutakome is expected to assume office on January 2, 2026. A trained actuary and transformation-focused leader, Lutakome brings over 18 years’ experience spanning life, non-life, and medical insurance, with deep exposure in…
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The Tax Appeals Tribunal has upheld a $100,000 (UGX357 million) penalty imposed on TotalEnergies EP by Uganda Revenue Authority (URA) for failing to provide transfer pricing information within prescribed timelines during a tax audit. The ruling reinforces URA’s enforcement powers over multinational companies operating in Uganda. In a decision delivered to end almost two years of a legal battle, the Tribunal ruled that URA acted lawfully in penalising the oil and gas company under the Income Tax Act, after finding that key documents requested during a transfer pricing audit remained outstanding for several months despite repeated notices and deadline extensions….
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Electricity is the invisible architecture upon which modern societies are built. It powers industry, sustains healthcare systems, enables education, fuels technological advancement, and underwrites national competitiveness. For Uganda, aspiring toward industrialization, accelerated urbanization, and deeper regional integration, reliable, affordable, and sustainable electricity is no longer optional, it is strategic, foundational, and existential. Yet, despite its centrality to national development, Uganda’s electricity sector has, for more than two decades, been defined less by cohesion than by contention. Public dissatisfaction has persisted. Institutions have traded accusations. Operators have blamed regulators; regulators have faulted operators; policymakers have distanced themselves from outcomes. Since the…
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