Business & Markets

Olea Finalises Acquisition of Marsh Uganda, Fiona Magezi to Replace Paul Muhame as Managing Director

CEO East Africa MagazineThe Big StoryDecember 2, 2025December 2, 2025

Pan-African insurance brokerage powerhouse Olea has completed the acquisition and full merger of Marsh Uganda. This marks one of the most significant consolidations in Uganda’s insurance broking sector in recent…

Govt Seeks Approval of UGX422 Billion Supplementary for Phased Purchase of 10 Uganda Airlines Aircraft

CEO East Africa MagazineThe Big StoryDecember 1, 2025December 1, 2025

Government has tabled a UGX1.696 trillion supplementary budget request before Parliament’s Budget Committee, with UGX422.264 billion earmarked as an initial payment for the purchase of 10 aircraft for Uganda Airlines….

Despite a UGX 25 Billion Government Lifeline, Don Wanyama’s Vision Group Remains Deeply Troubled

CEO East Africa MagazineThe Big StoryDecember 1, 2025December 1, 2025

Despite a UGX25 billion shot in the wallet by government, Vision Group, the state majority-owned media house (government owns 53.3%), is still fishing in troubled waters, the just-published Annual Report…

All set for the Equity NARO Golf Open

Brian EmorutCompany NewsNews & AnalysisDecember 1, 2025December 1, 2025

Fresh from just winning the Kinyara Golf Open which took place in Masindi from the 13-15 November, Meron Kyomugisha has her eyes set on the prize to repeat her the…

TBL Extends Growth Momentum in Q3 2025 as Revenues Rise 10% and Margins Strengthen

Muhereza KyamuteteraCompany NewsNews & AnalysisDecember 1, 2025December 1, 2025

Tanzania Breweries Plc (TBL) has delivered another resilient quarter, ending September 30, 2025, with strong top-line growth, improved profitability, and sustained operational discipline despite rising finance costs and currency pressures….

Q&A: As Debt Surges, Equity Group’s Mwangi Says It’s Time for African Governments to Hand Development Projects to Private Sector

Paul MurungiBanking & Financial ServicesThe Big StoryDecember 1, 2025December 1, 2025

In a sweeping call for economic recalibration across the continent, Equity Group Managing Director and CEO, Dr. James Mwangi, has urged African governments to “let the private sector take on…

East Africa has great potential; we will invest more, says Paul  Hanratty, Sanlam Group CEO 

Paul MurungiBanking & Financial ServicesThe Big StoryDecember 1, 2025December 1, 2025

The B20 Summit places productivity and resilience at the heart of Africa’s economic future.  Which structural weaknesses in Africa concern you most, and how is Sanlam positioning itself to strengthen…

From Informal to Investment-Ready: dfcu’s Kiiza Maps New Pathways for SME Growth

Brian EmorutNews & AnalysisNovember 30, 2025November 30, 2025

In a room filled with policymakers, investors, and entrepreneurs at Four Points by Sheraton in Kololo, Kate Kiiza leaned into a truth many founders carry quietly: in Uganda, building a…

Serena Hotels Operator Issues Profit Warning After Half-Year Loss of KShs 16 Million (UGX 448 million)

Paul MurungiThe Big StoryNovember 30, 2025December 1, 2025

TPS Eastern Africa PLC, the operator of Serena Hotels, has issued a profit warning for the financial year ending 31 December 2025 after slipping into a half-year loss, marking a…

How Africa is Unlocking its Solar Market Momentum for a Sustainable Future

CEO East Africa MagazineBusiness & MarketsCompany NewsNovember 29, 2025November 29, 2025

By Dr. Florian Wessendorf Africa, blessed with some of the world’s highest solar irradiation levels, is experiencing an unprecedented surge in solar market momentum. From the vast deserts of the…