If you have your mobile phone or laptop, reach out to it and simply Google Uganda, interesting images you will land on. Refresh and make another search on Rwanda, and lastly, South Africa. This then gets me to ask, who handles Uganda’s publicity, and who is shaping the narrative that we would want the rest of the world to know about Uganda? Deemed as the Pearl of Africa, which can easily be showcased through its rich heritage, diverse culture, flora and fauna, and the achievements it has attained over the years. And when one does a simple Google search, these…
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He speaks candidly about the evolution of Uganda’s legal profession—its need for mentorship, specialisation, and ethical renewal—while making a compelling case for policy-driven innovation, carbon trading, and collaboration across Africa’s legal and trade systems. As a thought leader and mentor, Kenneth embodies a new model of transformational leadership in the legal profession, one grounded in service, adaptability, and the courage to challenge convention. Beyond the legal profession, Kenneth reveals a deeply personal side: his faith-driven philosophy, love for hiking and mindfulness, and a firm belief that true success lies in impact, not income. This is the story of a lawyer…
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The High Court’s Commercial Division has granted businessman Thomson Ricky Rapa unconditional leave to defend himself in a high-stakes loan dispute with Ecobank. The ruling spotlights the handling of insurance-linked loan facilities by commercial banks. Presiding Judge Patience T.E. Rubagumya ruled that Rapa had presented bona fide triable issues deserving of a full hearing after he claimed that his UGX 180 million salary loan from Ecobank was insured against loss of income, a position the bank flatly denied. Background to the dispute Court documents show that Rapa applied for a salary-backed loan of UGX 180 million from Ecobank on March…
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In a world where experience can easily turn into arrogance, Uganda’s corporate leaders must confront an uncomfortable truth: intelligence alone no longer guarantees relevance. Dr. Peter Kimbowa — a Governance Strategist and Leadership Catalyst — argues that the future belongs not to those who know the most, but to those willing to unlearn, adapt, and stay curious. The Danger of Outdated Intelligence Human progress is built on intelligence — but it is also undone by it.History is full of brilliant minds whose certainties became barriers. They were not defeated by ignorance, but by their own unwillingness to evolve. The same…
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At least UGX 88.1 billion remains unclaimed in closed mobile money and other e-money accounts, a Bank of Uganda report shows. The money, which is currently held Bank of Uganda (BoU), has been accumulating for over four years since the central bank took over the regulation of mobile money and e-money service providers. Details contained in the Bank of Uganda 2024/25 Integrated Annual Report indicate that during the 12 months to June 30, 2025, mobile money and e-money providers transferred UGX 10.8 billion in closed-account balances to the central bank for safekeeping. However, the report notes that by the reporting…
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By CEO East Africa Magazine Team Uganda’s ambition is bold: to grow its economy tenfold, moving millions out of poverty and cementing its place among Africa’s rising stars. The 2025/26 national budget, with a resource envelope of UGX 72.4 trillion, sets the tone — prioritising human capital, infrastructure, industrialisation, and digital transformation. But behind the optimism lies a fiscal squeeze. Public debt is climbing past USD 31.5 billion (51.26% of GDP), leaving little room for fresh borrowing. That means financing Uganda’s 10x dream depends squarely on domestic revenue mobilisation. Rather than introducing new taxes, the government is tightening administration —…
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The rapid growth of digital and mobile lending is transforming Uganda’s financial landscape. It is expanding access to credit for millions who were previously excluded from the formal banking system. But as financial inclusion deepens, a new challenge is emerging: a rise in loan defaults and growing concerns over the sustainability of unsecured digital credit. A new Bank of Uganda Bank Lending Survey Report for the first quarter of the 2025/26 financial year indicates that commercial banks are warning that the very innovation meant to bridge access gaps is now creating new vulnerabilities in the credit market. At least 13%…
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The Industrial Court has allowed six former Uganda National Roads Authority (UNRA) employees to sue government on behalf of 1,236 former colleagues for recovery of terminal benefits following the agency’s…
When three leading African and international institutions joined forces to back Uganda’s infrastructure pipeline, the mandate demanded technical precision and rapid, cross-border execution. Dentons, under the leadership of David Mpanga, assembled a multidisciplinary team comprising experts in banking and finance, energy, and corporate to steer the transaction from structuring and documentation through conditions precedent and disbursement mechanics. The transaction, involving Ecobank Transnational Incorporated, Development Bank of Southern Africa, and Rand Merchant Bank, was announced as having been completed, with the facility’s purpose being squarely developmental. The money will be channelled in long-term capital into classrooms and clinics, strengthening transport corridors,…
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The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The latest edition of the Black Diamonds Update by Crested Capital highlights counters that achieved total shareholder returns above 25% between January and September 2025. Bank of Baroda and QCIL lead the pack At the top of the list is Bank of Baroda (BOBU), which recorded a staggering 97.75% total shareholder return. This was driven by a sharp rise in its share price from UGX 22.25 at the start of the…
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