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    The Big Story

    The BIG Story

    Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

    April 11, 2026April 11, 2026 0 Shares
    The Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly...

    Strong Vote of Confidence: Mbire Reappointed MTN Uganda Chairman

    April 10, 2026April 10, 2026 0 Shares
    Shareholders of MTN Uganda have overwhelmingly endorsed Charles Mbire for another term as Board Chairman, reaffirming confidence in his leadership during the company’s Annual General Meeting (AGM) on Friday Morning.  ...

    Unresolved Commercial Disputes Climb to UGX 3.5 Trillion as Chief Justice Zeija and BoU Governor Atingi-Ego Push for ADR

    April 10, 2026April 10, 2026 0 Shares
    At least UGX 3.5 trillion is currently locked in unresolved commercial disputes within Uganda’s court system—capital that cannot be reinvested, circulated, or deployed productively in the economy. That stark reality...

    Kenya’s High Court Clears Path for KSh 300 Billion Asahi–Diageo Deal Despite Ongoing Distribution Dispute

    April 10, 2026April 10, 2026 0 Shares
    The High Court has removed a key legal hurdle standing in the way of one of East Africa’s largest corporate transactions, dismissing an application that sought to block Diageo’s planned...

    Nigeria’s Zenith Bank Acquires Kenya’s Paramount Bank as Profits Hit ₦1.04 Trillion

    April 9, 2026 0 Shares
    Nigeria’s Zenith Bank Plc has acquired 100 percent shareholding of Kenya’s Paramount Bank Limited, marking a significant expansion of the West African lender into East Africa’s banking sector. The Central...

    Debt, SGR and Uganda Airlines: How Government Will Spend UGX 17.4 Trillion in Q4

    Paul MurungiEconomy & PolicyThe Big StoryTransport & LogisticsApril 9, 2026April 9, 2026

    Uganda’s fourth quarter budget release for the 2025/26 financial year reveals a clear hierarchy of national priorities, with debt servicing, wages, and infrastructure emerging as the dominant beneficiaries of government…

    A graphic representation of tax exemptions, waivers and incentives.

    Proposed Tax Exemptions, Waivers, and Incentives Businesses Should Look Out For in the Next Financial Year

    Jeff WintersThe Big StoryApril 8, 2026April 8, 2026

    The proposed tax changes for the 2026/27 financial year go well beyond routine amendments. Taken together, they point to a deliberate policy shift toward easing the cost of doing business,…

    Sipi Falls Lodge proprietor Saleh Naminya is at the center of a landmark insurance dispute following a fire that destroyed his investment and triggered a contested claim. James Kinyua, Managing Director of CIC Africa (Uganda), leads the insurer resisting payout, while Shafi Nambobi, Chief Executive Officer of UGAFODE, represents the source of the money whose loan exposure is tied to the disputed claim.

    Burnt Investment, Broken Claim: A Tourism Lodge Owner’s Legal Battle with CIC Life Insurance

    Muhereza KyamuteteraThe Big StoryApril 8, 2026April 8, 2026

    On the night of February 19, 2025, a fire swept through Sipi Falls Lodge, destroying cottages that had been financed through a loan facility from UGAFODE Microfinance. What had been…

    Phillip Karugaba argues that while Uganda’s proposed Protection of Sovereignty Bill 2026 is grounded in a legitimate desire to safeguard national interests, its sweeping scope risks stifling investment, constraining business activity, and undermining fundamental freedoms—ultimately doing more harm to the country’s economic and constitutional stability than the foreign influence it seeks to control.

    Uganda’s Protection of Sovereignty Bill 2026: What it means for business, investors and lenders

    Phillip KarugabaThe Big StoryThought LeadershipApril 8, 2026April 8, 2026

    The Ugandan government is considering a draft Protection of Sovereignty Bill 2026 (the “Bill”), which proposes sweeping restrictions on foreign influence over domestic policy, governance and public affairs. While the…

    Paul Mwesigwa’s First Year: UEDCL Hits UGX 1.71 Trillion in Revenue, Rolls Out $994m Grid Recovery Plan After Umeme’s Exit

    Paul MurungiThe Big StoryApril 7, 2026April 7, 2026

    One year after the Uganda Electricity Distribution Company Limited (UEDCL) took over Uganda’s electricity distribution network from Umeme, Managing Director Paul Mwesigwa is emerging as the technocrat at the centre…

    OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved

    Patrick Turinawe and Phillip KarugabaBanking & Financial ServicesLegal & JusticeThe Big StoryApril 6, 2026April 6, 2026

    Uganda’s Commercial Court Division carries a burden that no amount of judicial efficiency can resolve alone. Currently, 623 cases involving banks are pending before the court, with the aggregate value…

    Muhereza Kyamutetera (left), Executive Editor of CEO East Africa Magazine, with Evans Browns (right), Group Head of Products at I&M Bank, during a conversation in Nairobi on how I&M Brisk is simplifying cross-border banking and enabling seamless movement of money, trade, and opportunity across East Africa.

    Q&A: Everything You Need to Know About I&M Brisk—The I&M Bank Solution Enabling Seamless Cross-Border Banking Across East Africa

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryApril 6, 2026April 6, 2026

    It is within this context that I&M Group, through its subsidiaries in Kenya, Rwanda, Tanzania, and Uganda, has introduced I&M Brisk—a solution designed to make cross-border banking faster, simpler, and…

    Four powerful figures at the center of East Africa’s energy sector upheaval; Mohamed Liban, Kenya’s Principal Secretary for Petroleum; Joe Sang, former Managing Director of the Kenya Pipeline Company; and Daniel Kiptoo Bargoria, former EPRA Director General, have all exited office amid a deepening fuel supply scandal under investigation. Across the border, James Mwainyekule, Tanzania’s EWURA Director General, has been dismissed following a sharp surge in fuel prices. Together, their downfalls signal a broader regional reckoning, as governments confront mounting pressure over fuel governance, regulatory accountability, and the growing economic toll of instability in critical energy systems.

    Crisis Beneath the Pumps: Kenya’s Unfolding Fuel Scandal and the Fall of Top Energy Chiefs – Why it Matters to Uganda

    Jeff WintersThe Big StoryApril 4, 2026April 4, 2026

    What once appeared to be a triumph of state intervention is now unraveling into one of Kenya’s most gripping governance crises. In the wake of the 2022 fuel shortages, marked…

    Allan Chekwech Steps into Daniel Kalinaki’s Big Shoes at NMG Uganda

    Paul MurungiMedia & CommunicationThe Big StoryApril 3, 2026April 4, 2026

    Nation Media Group (NMG) Uganda has appointed Allan Chekwech as Acting General Manager – Editorial, stepping into the role following the retirement of a longtime newsroom veteran leader, Daniel Kalinaki….

    What Uganda’s UGX 1.7 Trillion Tax Plan Means for Your Wallet

    Paul MurungiEconomy & PolicyThe Big StoryApril 3, 2026April 3, 2026

    From transport fares and household shopping to business operations, Uganda’s proposed tax changes for the Financial Year 2026/27 are likely to be felt in different ways across the economy, depending…

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