Business & Markets

Banks Ease Lending Now but Prepare to Tighten as Election Risks Rise

CEO East Africa MagazineThe Big StoryJanuary 6, 2026January 6, 2026

Banks are lending more freely for now, but are preparing to tighten the taps as election uncertainty builds, and borrowers show signs of strain. Lending conditions in the quarter ending…

Eri Ssebowa Appointed Chief Finance Officer at National Housing and Construction Company Limited.

Brian EmorutCompany NewsNews & AnalysisJanuary 5, 2026January 5, 2026

Eri Ssebowa is a seasoned finance and accounting professional with over nine years of progressive experience in strategic financial management, business partnering, financial reporting, and performance management across the banking,…

Nile Breweries Completes Overhaul of Sales and Marketing Leadership After a Major UGX 9 Billion Fraud Scandal

Muhereza KyamuteteraCompany NewsThe Big StoryJanuary 5, 2026January 5, 2026

Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of…

Kampala Associated Advocates Lands Mega Deal to Represent Stanbic in UGX117.8 Billion Tax Dispute Against URA

Muhereza KyamuteteraCompany NewsThe Big StoryJanuary 4, 2026February 24, 2026

Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax…

Inside the UGX117.8 Billion Stanbic vs URA Transfer Pricing Tax Dispute

Muhereza KyamuteteraThe Big StoryJanuary 4, 2026January 4, 2026

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…

EXCLUSIVE: AB InBev Appoints Nkanyiso Mncwabe as New Managing Director of Uganda’s Nile Breweries 

Muhereza KyamuteteraThe Big StoryJanuary 4, 2026January 4, 2026

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…

On the Edge: Why 2026 Could be a Make-or-Break Year for Uganda Airlines’ Jennifer Bamuturaki and UEDCL’s Paul Mwesigwa

CEO East Africa MagazineThe Big StoryJanuary 3, 2026January 3, 2026

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,…

Centenary Bank, Bees & Trees Uganda Partner to Restore Mbale’s Degraded Land

Brian EmorutCompany NewsNews & AnalysisJanuary 2, 2026January 5, 2026

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…

Why 2026 Will Redefine Reputation in East Africa.

CEO East Africa MagazineBusiness & MarketsThought LeadershipJanuary 2, 2026January 2, 2026

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,…

UMEME’s Share Price Surge: What is the Market Beginning to Price In?

CEO East Africa MagazineThe Big StoryJanuary 2, 2026January 2, 2026

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…