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…
MUA Insurance has appointed seasoned insurance executive Nicholas Lutakome as its new Chief Executive Officer, marking a leadership transition aimed at accelerating growth and deepening the company’s footprint in Uganda’s increasingly competitive insurance market. Lutakome, who is currently the Chief Executive Officer of CIC General Insurance, will take over from Latimer Mukasa, who is set to retire on December 31, 2025, after more than eight years at MUA. Lutakome is expected to assume office on January 2, 2026. A trained actuary and transformation-focused leader, Lutakome brings over 18 years’ experience spanning life, non-life, and medical insurance, with deep exposure in…
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Old Mutual Insurance Uganda, Uganda’s No.1 general insurer, has announced that its Managing Director and Chief Executive Officer, Stephen Chikovore, will step down from his role effective 31 January 2026. His exit comes at a critical inflection point for Uganda’s general insurance market, just as Sanlam General Insurance and Jubilee Allianz General Insurance have completed their merger, creating SanlamAllianz General Insurance—a significantly stronger and well-capitalised number-two competitor in the market. The leadership transition was formally communicated in a public notice shared with CEO East Africa Magazine, in which the company stated: “Old Mutual Insurance Uganda announces a leadership transition of…
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When Dr. Richard Wemesa was announced as second runner-up at the 2025 Best Farmers Awards, the applause that followed did not merely celebrate a well-run farm in Wakiso District. The Vision Group’s Best Farmers Awards, in partnership with dfcu Bank, KLM, and the Netherlands Embassy, is an annual initiative recognizing outstanding Ugandan farmers, featuring transparent judging, significant cash prizes, and learning trips to the Netherlands to promote modern, sustainable agriculture. Dr. Wemesa’s national recognition as one of Uganda’s best farmers acknowledged something deeper: a story of patience, failure, reinvention and the quiet power of timely finance. At the heart of…
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The Tax Appeals Tribunal has upheld a $100,000 (UGX357 million) penalty imposed on TotalEnergies EP by Uganda Revenue Authority (URA) for failing to provide transfer pricing information within prescribed timelines during a tax audit. The ruling reinforces URA’s enforcement powers over multinational companies operating in Uganda. In a decision delivered to end almost two years of a legal battle, the Tribunal ruled that URA acted lawfully in penalising the oil and gas company under the Income Tax Act, after finding that key documents requested during a transfer pricing audit remained outstanding for several months despite repeated notices and deadline extensions….
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Electricity is the invisible architecture upon which modern societies are built. It powers industry, sustains healthcare systems, enables education, fuels technological advancement, and underwrites national competitiveness. For Uganda, aspiring toward industrialization, accelerated urbanization, and deeper regional integration, reliable, affordable, and sustainable electricity is no longer optional, it is strategic, foundational, and existential. Yet, despite its centrality to national development, Uganda’s electricity sector has, for more than two decades, been defined less by cohesion than by contention. Public dissatisfaction has persisted. Institutions have traded accusations. Operators have blamed regulators; regulators have faulted operators; policymakers have distanced themselves from outcomes. Since the…
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For decades, the story of Uganda’s agriculture has been one of bittersweet potential. We sing about being the Pearl of Africa, blessed with fertile soils and two rain seasons, yet every harvest, we watch heart-wrenching scenes of mangoes, oranges, and tomatoes rotting in the gardens of Teso, Acholi, Lango, and West Nile. At Nilezilla, when we set out to change this narrative with our fruit processing facility in Lodonga, Yumbe District, we learned quickly that “potential” does not pay the bills. Value addition does. But moving from a garden to a supermarket shelf is not a simple walk in the…
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In a rapidly evolving financial landscape, Stanbic Bank is strengthening its role as a trusted companion for individuals and families seeking to build and preserve generational wealth. According to Bernice Kamahunde Mvano, the Stanbic head of wealth and investment, the bank is committed to supporting Ugandans at every stage of their financial journey. “Every client is on a journey. We are all growing in age, in our families, businesses, and personal lives. Therefore, it’s important for people to know that growth is constant, and our role as a leading financial institution is to walk with our clients and their families,…
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When mega-deals happen, the most visible winners are usually the shareholders who are selling. But in transactions of this scale, there is always a second, less visible layer of immediate beneficiaries: the financial advisers, lawyers and bankers whose expertise transforms headline numbers into a legally executable reality. That reality is now playing out in the USD 2.3 billion acquisition of a 65 percent controlling stake in East African Breweries Plc (EABL) by Japan’s Asahi Group Holdings from Diageo Plc, a transaction that has been confirmed as the largest public mergers and acquisitions deal in East Africa and one of the…
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In the world of corporate governance, commercial law, and professional ethics, few Ugandan or regional figures carry the authority and global resonance that Winnie commands. A distinguished lawyer, academic, and board leader, she occupies that rare intersection where rigorous scholarship meets the lived realities of organisational leadership. She currently serves as Board Chairperson of dfcu Bank, Independent Non-Executive Director at MTN Uganda, and Director at Jubilee Allianz Uganda—positions that place her at the heart of some of East Africa’s most consequential institutions. Globally, she is part of the new vanguard shaping international governance and insolvency reforms through appointments to the…
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When Soumendra Sahu took over as Managing Director and Chief Executive Officer of Airtel Uganda in December 2024, he stepped into one of the most competitive, politically sensitive, and fast-evolving sectors of Uganda’s economy. Telecom is unforgiving: customer expectations shift daily, technology cycles move at speed, and regulatory, security, and customer trust issues sit permanently in the spotlight. One year on, December 2025 marks a meaningful checkpoint — not just of activity, but of direction. What has emerged over Sahu’s first twelve months is a leadership style anchored in execution, discipline, and scale, with a clear bias toward long-term infrastructure,…
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