News & Analysis

Nigerian Billionaire Aliko Dangote’s backed investors take over Java House restaurant chain 

Paul MurungiEast AfricaLifestyleNews & AnalysisThe Big StoryMarch 11, 2025March 11, 2025

Leading African private equity firms Alterra Capital backed by Nigerian Billionaire and Africa’s richest man, Aliko Dangote, and Phatisa- an equity firm, have signed agreements to acquire 100% of Java…

Non-life continues to dominate insurance sector, but microinsurance is rapidly growing  

Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 5, 2025March 5, 2025

Insurance gross written premiums grew by 12.04%, increasing by at least UGX 192.4 billion in the three months to December 2024.   Details contained in the Insurance Regulatory Authority (IRA) Market…

Meet the Big Bankers Bossing the Bancassurance Sector

Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 4, 2025March 4, 2025

Beyond the conventional channels of writing insurance premiums, insurers have also built a new revenue stream of bancassurance through which they partner with banks to recruit new policyholders.  During the…

Allegations Of Influence Peddling And Bidder Favoritism As Bank Of Uganda Cancels Multi-Billion National Payments Switch Procurement Post-Award

CEO East Africa MagazineBusiness & MarketsNews & AnalysisThe Big StoryMarch 4, 2025March 4, 2025

The Bank of Uganda (BoU) has come under intense scrutiny following its abrupt cancellation of the National Payments Switch (BNPS) procurement process. This move has raised significant concerns over transparency,…

Guinness Smooth unveils a bold new look

Brian EmorutCompany NewsLifestyleNews & AnalysisMarch 3, 2025March 3, 2025

In the spirit of reimagination, Guinness Smooth has applied more vibrancy and expression to its pack and brand world. The beer that is celebrated for its irresistibly smooth taste has…

Who are the top CEOs and companies dominating Uganda’s insurance sector performance? 

Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 3, 2025July 24, 2025

The insurance sector has continued to be pivotal in the financial sector.   However, it is largely dominated by a few companies with the largest share of premiums written by just…

Prof. Nawangwe receives African Leadership and Lifetime Achievement Awards

Brian EmorutGlobal NewsNews & AnalysisMarch 3, 2025March 3, 2025

Makerere University Vice Chancellor, Prof. Barnabas Nawangwe, has been honoured with the African Leadership Magazine Person of the Year Award 2024 for his exceptional leadership in education. The prestigious award was…

Dr. Sudhir Ruparelia: The Billionaire Building Kampala’s Future With BigTicket Real Estate Projects

Muhereza KyamuteteraNews & AnalysisThe Big StoryFebruary 28, 2025February 28, 2025

In the heart of East Africa, one man’s vision is rapidly transforming the skyline of Uganda’s capital. Dr. Sudhir Ruparelia – the country’s wealthiest businessman and a self-made billionaire –…

Buganda Kingdom, Airtel Uganda Unveil 2025 Kabaka Birthday Run Kit

Brian EmorutCompany NewsNews & AnalysisFebruary 27, 2025February 27, 2025

Airtel Uganda, in partnership with the Buganda Kingdom, today unveiled the 2025 Kabaka Birthday Run kit at Bulange-Mengo, the Buganda Kingdom Headquarters. The 12th edition of the Kabaka Birthday Run,…

Ugandans and businesses in 2024 lost USD272 mn in economic crimes; cybercrime, bank, and fraud double

CEO East Africa MagazineNews & AnalysisThe Big StoryFebruary 25, 2025February 25, 2025

Even though the number of financial and economic crimes rose mildly, by 1.6%, from 12,924 cases in 2023 to 13,132 cases in 2024, the severity and amount of money lost…