Business & Markets

StanChart Names Nigerian Banker Dalu Ajene as its New Africa CEO Replacing Kenya’s Kariuki Ngari

Paul MurungiThe Big StoryJanuary 22, 2026January 22, 2026

Standard Chartered Bank has announced a series of top leadership changes across its African operations, naming Nigerian banker Dalu Ajene as its new Chief Executive Officer (CEO) for Africa.  The…

South Africa’s Nedbank to Acquire 66% Stake in Kenya’s NCBA Bank for $856 million

Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryJanuary 21, 2026January 22, 2026

South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group.  The move is set to hand the Johannesburg-listed lender…

MoES Authorizes International Schools to Continue Term Two Instruction

Brian EmorutCompany NewsNews & AnalysisJanuary 21, 2026January 21, 2026

The Ministry of Education and Sports has authorized international schools to continue Term Two instruction and ongoing examinations, citing alignment with international academic calendars and the need to maintain uninterrupted…

Four-Day Internet Shutdown Cost Uganda’s Telecoms an Estimated UGX 24 Billion in Lost Data Revenues

Paul MurungiRegulation & ComplianceTechnology & InnovationThe Big StoryJanuary 21, 2026January 21, 2026

Uganda’s two largest mobile network operators, Airtel Uganda and MTN Uganda, are estimated to have lost between UGX 22.8 billion and UGX 24 billion in data revenues following the four-day…

What East Africa’s Senior Executives Are Reading in 2026 — and Why It Matters

Paul MurungiCEO PerspectivesLeadership & GovernanceThe Big StoryJanuary 20, 2026January 20, 2026

Frank Molla, Managing Director for Africa at payments giant MDP, is a strong believer that books are quiet mentors and companions that steer leaders toward depth, courage, and beautifully human…

EABL CFO Risper Ohaga Resigns as Brewer Prepares for Asahi Takeover 

Paul MurungiThe Big StoryJanuary 20, 2026January 20, 2026

East African Breweries Plc (EABL) has announced the resignation of its Chief Financial Officer and Executive Director, Risper Ohaga, marking a significant leadership transition at the regional brewing giant at…

NSSF appoints Kenneth Owera chief investment officer

CEO East Africa MagazineThe Big StoryJanuary 19, 2026January 19, 2026

The National Social Security Fund (NSSF) has appointed Kenneth Owera as its substantive Chief Investment Officer (CIO). He will steward the Fund’s UGX28 trillion investment portfolio with the target of…

EBO SACCO links with Equity to break financial barriers

Brian EmorutBanking & Financial ServicesCompany NewsJanuary 19, 2026January 19, 2026

In a financial sector often driven by balance sheets and bottom lines, Joseph Mugume has spent 25 years proving that sustainable growth begins with people. As Chief Executive Officer of…

Ugandan Passport Ranks 71st in Global Index as Singapore Retains Top Spot

Paul MurungiEast AfricaGlobal NewsThe Big StoryJanuary 18, 2026January 18, 2026

Uganda’s passport has been ranked 71st globally, granting its holders access to 66 visa-free, visa-on-arrival or Electronic Travel Authorisation destinations, according to the Henley Passport Index 2026 Global Ranking released…

dfcu Bank Unveils Nationwide ‘School Fiiz! Weight Off!’ Campaign Ahead of Term One

Brian EmorutBanking & Financial ServicesCompany NewsJanuary 13, 2026January 13, 2026

As schools across Uganda reopen for the first term of the academic year, dfcu Bank has rolled out a nationwide back-to-school campaign aimed at easing the heavy financial burden that…