State House Anti-Corruption Unit, CID Launch Sweeping Investigation into Uganda Airlines Uganda Airlines, the country’s flagship carrier and one of the government’s most ambitious public investments in recent years, has…
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…
Stanbic Bank Uganda and its parent holding company, Stanbic Uganda Holdings Limited (SUHL), are battling a sweeping transfer-pricing assessment by the Uganda Revenue Authority (URA), now before the Tax Appeals Tribunal under TAT Application No. 170 of 2025 — the latest in a growing wave of transfer-pricing disputes, as URA intensifies audits on multinationals — a campaign that has swept through most large foreign-owned firms in recent years. At the core of the Stanbic-URA tax dispute lies a critical question: Did Stanbic Bank’s and SUHL’s related-party charges reflect true market value — or did the bank understate taxes through mispriced…
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Nile Breweries Limited, the Ugandan entity of AB InBev, is set to welcome a new Managing Director, Nkanyiso Mncwabe, to replace Adu Rando, who late last year got promoted to a continental digital commerce role, CEO East Africa Magazine has learned. Senior executives familiar with the transition confirmed to CEO East Africa that Mncwabe — a seasoned South African commercial leader within AB InBev’s African network — is expected to assume office this January, pending final internal communications. A Commercial Strategist Shaped Inside AB InBev According to professional records reviewed by CEO East Africa, Mncwabe brings over 15 years…
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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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Centenary Bank and Bees and Trees Uganda launched the Coffee Agroforestry for Environment and Livelihood Enhancement initiative, aimed at restoring degraded land, promoting environmental conservation, improving livelihoods, and strengthening financial inclusion. The initiative aims to tackle the challenges of environmental degradation and rural poverty by blending tree planting, coffee farming and beekeeping as a pathway to restoring degraded land while creating new income opportunities for rural households. The partnership that was officially launched in Wokukiri village, Mbale district is bringing together farmers, women’s groups, youth leaders, local officials and bank staff to participate in tree planting, financial education and hands-on…
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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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Uganda’s business registry has undergone a major reset, with the Uganda Registration Services Bureau (URSB) deregistering 50,003 companies that failed to comply with statutory filing requirements, revealing deep patterns of dormancy across key sectors of the economy. According to the Registrar of Companies’ notice dated 30 December 2025, the affected entities were struck off after failing to file annual returns for five consecutive years and subsequently failing to apply for restoration within the legally allowed period under the Companies Act. A review of the deregistered entities list shows that the action cuts across multiple sectors, but is particularly concentrated in…
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The Development Bank of Rwanda (BRD) has appointed Ms. Stella Rusine Ntez as its new Chief Executive Officer, subject to regulatory approval, marking a leadership transition that blends continuity with renewed stewardship at the country’s development finance institution. Ms. Ntez, a long-serving member of BRD’s Board of Directors, steps into the role with deep institutional knowledge and extensive experience in macroeconomic and fiscal policy. Her appointment signals the Board’s confidence in internal leadership at a time when development finance institutions are under increasing pressure to deliver both financial sustainability and measurable national impact. She joins the executive role from Rwanda’s…
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Beyond the policy challenges, the interview explores a sector in the midst of a structural evolution, driven by shifting tenant behaviours and the rise of decentralised, convenience-led suburban retail. Addressing the rising tide of foreclosures and “speculative development,” the discussion highlights the urgent need for professional valuation standards and consistent urban enforcement to protect long-term asset value. Despite these pressures, the CEO maintains an outlook of “cautious optimism,” identifying resilient growth opportunities in oil and gas, student housing, and affordable residential segments for the year ahead. As the year draws to a close, from your perspective as a CEO, how…
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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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