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    The Big Story

    The BIG Story

    Shashi Dhar Drives Bank of Baroda Uganda Profit to UGX 156.8 Billion After Three Years of Strong Growth

    April 1, 2026April 1, 2026 0 Shares
    Bank of Baroda Uganda has reported a 17.1 percent increase in profit after tax to UGX 156.84 billion in 2025, up from UGX 133.95 billion in 2024, underscoring a period...

    Africa Takes The Stage: From Raw Supply To Brand Ownership

    March 31, 2026April 1, 2026 0 Shares
    By Helen McIntee-Carlisle– President of African Marketing Confederation For decades, the narrative of African trade was written by others. The continent was primarily a supplier of commodities – the ingredients...

    Uganda Fuel Stocks to Last Until End of April, Government Assures Amid Global Oil Crisis

    March 31, 2026March 31, 2026 0 Shares
    The Government of Uganda has sought to reassure the public over fuel availability, stating that the country has sufficient petroleum stocks to last until the end of April 2026, even...

    The Smartphone Tax Trap: Is Uganda Pricing Millions Out of the Digital Economy?

    March 31, 2026March 31, 2026 0 Shares
    Uganda has spent years talking about digital transformation. It has built strategies around it, launched platforms around it, and anchored part of its long-term economic future on it.  But for...

    Court Orders Equity Bank Uganda to Pay Over USD 54,000 in Landmark Negligence Ruling

    March 30, 2026March 30, 2026 0 Shares
    Equity Bank Uganda has been ordered by the High Court’s Commercial Division to pay more than USD 54,000 following a finding of negligence in the handling of international trade documents,...

    Canal+ Tightens Grip on SuperSport as Sports Rights Decisions Shift from South Africa to Paris

    Paul MurungiBusiness & MarketsThe Big StoryFebruary 20, 2026February 20, 2026

    French media conglomerate Canal+ has moved to consolidate control over SuperSport’s sports rights acquisitions, transferring decision-making authority from South Africa to its headquarters in Paris.  The development follows Canal+’s 3…

    Olive Zaitun Kigongo (left) and Alison Gallagher, mother and widow of the late Cedric Ndilima Babu, respectively, are seeking court declarations that KCB breached its mortgage agreement, an injunction blocking foreclosure of the Kololo condominium, a write-off of the outstanding loan, return of the property title, damages, and legal costs.

    Olive Kigongo, Cedric Babu’s Widow and KCB Bank in UGX 1.2b Kololo Property Fight

    CEO East Africa MagazineThe Big StoryFebruary 20, 2026February 24, 2026

    A high-value property in Kololo purchased at a value of UGX 1.2 billion has become the subject of a legal showdown between businesswoman Olive Zaitun Kigongo, her co-administrator Alison Gallagher,…

    Pearl Bank Wins Top Agri-SME Lender Award as Aceli Africa Charts Next Phase of Agricultural Finance

    Paul MurungiBanking & Financial ServicesThe Big StoryFebruary 19, 2026February 19, 2026

    Pearl Bank has been named Best Agri-SME Lender at the Aceli Africa Uganda Stakeholder Roundtable, in a recognition that underscores the bank’s growing influence in agricultural financing. The bank’s Supervisor…

    Big Dreams Need a Big Bank — and the 9 Other Things I Took Away from the Stanbic Bank Economic Forum 2026

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 19, 2026February 19, 2026

    2026 finds Uganda at a rare convergence of economic catalysts and structural pressures. First oil is nearing. Gold is redefining export performance. Technology — particularly AI — is compressing the…

    A visual comparison of Nyakyisharara’s proposed 5.5-kilometre runways against Uganda’s existing airports and some of the world’s longest. If built as outlined in the President’s letter, Mbarara’s new airport would surpass Entebbe and Hoima, and rival elite high-altitude giants in China, raising questions about scale and necessity.

    Proposed 5.5km Runways at Nyakyisharara in Mbarara Would Rank Among the Longest in the World

    CEO East Africa MagazineThe Big StoryFebruary 19, 2026February 19, 2026

    A February 11 letter from President Museveni to Prime Minister Robinah Nabbanja raises debatable questions about the mega international airport at Nyakyisharara government aerodrome near Mbarara, which, if implemented, will…

    Financial Services CEOs Double Down on AI, Resilience and Strategic Growth in 2026 in KPMG Global Outlook

    CEO East Africa MagazineBanking & Financial ServicesThe Big StoryFebruary 17, 2026February 17, 2026

    Financial services leaders across Africa are entering 2026 with renewed confidence, placing artificial intelligence (AI), cybersecurity, regulatory resilience and disciplined growth at the centre of their transformation agendas. This is…

    Billionaire’s Daughter Vasundhara Oswal Sues Senior Ugandan Police Officers, Seeks Return of $200,000 Bond Money

    Paul MurungiInvestigations & Special ReportsLegal & JusticeThe Big StoryFebruary 17, 2026February 17, 2026

    Indian-Swiss entrepreneur Vasundhara Oswal has filed a human rights petition at the High Court of Uganda against several high-ranking security and prosecution officials, accusing them of orchestrating her arbitrary arrest,…

    Museveni Appoints Girma Wake Acting CEO of Uganda Airlines, Directs Bamuturaki to Step Aside

    Paul MurungiThe Big StoryFebruary 16, 2026February 16, 2026

    President Yoweri Museveni has directed that former Ethiopian Airlines Chief Executive Officer Girma Wake be appointed to lead a management transition at Uganda Airlines, amid ongoing efforts to stabilise the…

    Nile Breweries Appoints Olive Birungi Lumonya as New Board Chairperson with a Reconstituted Board of Directors

    Paul MurungiThe Big StoryFebruary 13, 2026February 13, 2026

    Nile Breweries Limited (NBL) has appointed Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the role following the untimely passing…

    Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

    South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

    The CEO Magazine TeamThe Big StoryFebruary 13, 2026February 27, 2026

    South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts….

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