Uganda Airlines, the country’s flagship carrier and one of the government’s most ambitious public investments in recent years, has been placed under formal investigation by the State House Anti-Corruption Unit…
Ugandans will access Starlink-powered satellite internet only through licensed local telecommunications operators and not through a direct consumer launch, the Uganda Communications Commission (UCC) has ruled. In a detailed clarification…
For all its vast infrastructure and apparent complexity, the internet can be switched off with startling ease. During Uganda’s 2021 general elections, this reality became clear when authorities imposed a…
For years, Uganda’s digital lending sector has expanded at breathtaking speed, but without the underlying visibility required to support responsible growth. Borrowers have increasingly turned to mobile money as their...
As Uganda’s insurance industry heads into 2026, it finds itself at a crossroads. Premiums are rising, claims are being paid at record levels, new players are entering the market, and…
Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank into a value driver in the Ugandan economy. Under his leadership, the bank has achieved sustainability certification, won the Sustainability Award, and he was named CFO of the Year for his role in redefining sustainable finance and corporate governance in Uganda at the CFO Awards 2025, an initiative launched by Deloitte Uganda and ACCA Uganda. The awards highlight the critical role played by finance professionals in driving financial stewardship, strategic…
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Real estate markets are, at their core, mirrors of the economies they sit within. In advanced economies, that mirror reflects a relatively stable image: steady credit markets, predictable consumer demand, mature institutions, and long-established urban growth patterns. But in developing countries like Uganda, the mirror behaves differently. It shifts quickly, exaggerates shocks, and amplifies every policy misstep, every currency wobble, and every change in global liquidity. This is a sector whose fortunes rise and fall not on neighbourhood gossip but on macroeconomic tides. “In Uganda, the macro is the weather system,” says Moses Lutalo, Managing Director of Broll Uganda. “It…
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Eight finance professionals won ten awards at the 9th edition of the Chief Financial Officer (CFO) Awards 2025 with Peter Ssenyange, CFO, Pearl Bank Uganda Limited emerging the overall CFO award 2025. Peter also won the Sustainability Award. The other double award winner was Ronald Makata, CFO, Stanbic Bank Uganda emerged CFO of the Year (First Runner-Up) and won Finance Transformation & Technology Award and Compliance & Governance Award. The other winners were:- Emmanuel Mugagga, CFO, Uganda National Oil Company – Strategy Execution Award, Irene Mwoyogwona, Head of Finance, Pride Bank Limited – Leadership Award, Bob Okodi, Finance Manager, Amref…
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Among the many lessons that Dominic Musoke picked while growing up was that, ‘Don’t underestimate small humble beginnings, because sometimes they can turn out to be the greatest success stories’, that statement as he recalls came to life last Saturday as Musoke emerged the winner of the 2025 Equity NARO Golf Open held at the Maryloiuse Simkins Memorial Golf Club in Namulonge. Musoke playing under immense pressure carded an overall 2/under, 208, to win. He scored 14 birdies over three rounds, six bogey’s, two double bogey’s over the three rounds to beat Joseph Chinyaai by five strokes, he opened with…
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MTN MoMo Uganda, in partnership with dfcu Bank and Letshego Uganda, has launched two new digital loan products aimed at giving more than 250,000 mobile money agents instant access to working capital. The move addresses a longstanding liquidity challenge that has constrained agent operations for years. The products, dfcu Bank Weekend Agent Loan and Letshego Agent Loan Float, have been added to the MoMo Agent Loans Marketplace, marking one of the most significant developments in Uganda’s digital financial services ecosystem in 2025. The launch aligns with MTN’s “Power To Be More” campaign, reinforcing its mission to empower agents and improve…
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Anne Juuko, previously the Regional Head, East Africa for Global Markets at Standard Bank Group, has resigned her role effective 30th November 2025, CEO East Africa Magazine can exclusively reveal. Her departure — now confirmed through highly placed internal sources and a confidential communication seen by this publication — brings to a close a 13-year career at Africa’s largest banking group, during which she rose to become one of the most influential financial sector leaders in the region. According to the internal memo, Juuko’s exit marks the end of a distinguished leadership journey that began in 2012 and saw her rise through…
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By Peter Ssenyange For a long time, the success of a bank was measured in numbers: quarterly margins, loan-to-deposit ratios, and cost-to-income efficiency. But today, that narrative is being rewritten. In an era defined by global uncertainty, environmental awareness, and social transformation, profitability alone no longer tells the full story. The question that defines the future of banking is not whether a bank can be profitable, but whether it can be relevant to its customers, its community, and its country. As we transition from PostBank Uganda to Pearl Bank Uganda, we have embraced this truth as the foundation of our…
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The newly merged SanlamAllianz Uganda has officially become the country’s second-largest general insurer. Market performance report for the 2025 third quarter by Insurance Regulatory Authority (IRA) shows that the merged entity, resulting from the union of Sanlam General and Jubilee Allianz, which was formally licensed in August 2025, has immediately reshaped the structure of Uganda’s non-life insurance market. IRA data shows that SanlamAllianz now holds 19.8% of the general insurance market, with UGX 173.33 billion in gross written premiums. This places it just behind long-time market leader Old Mutual, which posted UGX 185.88 billion and a 21.2% market share. As…
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Rashmi Pillai will become Chief Executive Officer of Financial Sector Deepening (FSD) Kenya in February 2026, succeeding Tamara Cook, who has led the organisation since 2019. Pillai is a global executive with more than 19 years of experience in impact investing and digital financial services. She is an expert in inclusive and competitive financial markets development and co-founded the Sankalp Forum, a social impact platform established in 2009. The forum expanded from India into several countries in Asia and East Africa. Pillai also brings deep experience in financial-sector policy and regulation, with work spanning Africa and South Asia. She has…
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TotalEnergies has consolidated all its Uganda-based business units into RR Pearl Tower One, a newly completed Grade-A commercial development on Yusuf Lule Road, marking one of the company’s biggest organisational realignments in recent years. The relocation brings together TotalEnergies Marketing Uganda, TotalEnergies EP Uganda, and the East African Crude Oil Pipeline (EACOP) team under one modern, purpose-built headquarters christened T-Hive — a name coined internally to symbolise collaboration, innovation, and the “One TotalEnergies, One Country” vision. A Modern, Integrated Corporate Home RR Pearl Tower One — part of the larger Pearl Business Park — is among Kampala’s newest high-spec…
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