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    The Big Story

    The BIG Story

    Diageo’s planned exit from EABL will also ripple into Uganda, where the group operates through Uganda Breweries Limited, underscoring the regional stakes of a deal that spans key alcohol markets across East Africa.

    Diageo Says Kenyan Distributor Weaponising Case to Frustrate its Exit From EABL

    March 26, 2026March 26, 2026 0 Shares
    British multinational Diageo has accused a Kenyan beer distributor of attempting to weaponise an ongoing court case to block its planned exit from East African Breweries Limited (EABL), as it...

    Airtel Africa Completes Starlink Internet Trials in Kenya as Uganda Maps Rollout Framework

    March 25, 2026March 25, 2026 0 Shares
    Airtel Africa and SpaceX have announced the successful testing of data and messaging services using Starlink Mobile in Kenya, marking a significant step towards expanding satellite-to-mobile connectivity across Airtel Africa’s...

    MTN and Stanbic: A Comparative Look at Two Market Leaders

    March 25, 2026March 25, 2026 0 Shares
    MTN Uganda and Stanbic Uganda, arguably two of Uganda’s largest listed companies, have both released their 2025 financial results. Beyond their scale, the two are also among the country’s biggest...

    Tax Justice, Trust & Nation-Building: A Conversation with Tax Appeals Tribunal’s Crystal Kabajwara

    March 25, 2026March 25, 2026 0 Shares
    In this interview with Muhereza Kyamutetera for our #WomenFixingUganda series, Crystal reflects on her journey, her values, and her mission as a nation builder—to rebuild trust at the intersection of...

    #WomenFixingUganda: Q&A with Leadership Coach Eileen Walusimbi on Conscious Leadership That Builds Lasting Organisations

    March 25, 2026March 24, 2026 0 Shares
    Leadership is evolving, from control and authority to empowerment, continuous learning, and collaboration. Today, it is less about short-term wins and more about building legacies that outlive the leader. Eileen...

    Uganda Clays’ CEO Reuben Tumwebaze Resigns After a Troubled 5 Years

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryFebruary 1, 2026February 1, 2026

    The Managing Director of Uganda Clays Limited, Reuben Tumwebaze, has resigned, bringing to a close a nearly five-year tenure (March 2021–January 2026) defined by heavy capital investment, uneven operating results,…

    Engineer Richard Matsiko Confirmed as UETCL Chief Executive Officer

    Paul MurungiThe Big StoryJanuary 30, 2026January 30, 2026

    The Board of Directors of the Uganda Electricity Transmission Company Limited (UETCL) has confirmed Eng. Richard Matsiko as the company’s substantive Chief Executive Officer, replacing Mr. Joshua Karamagi, who resigned…

    Inside Uganda’s Auditor General’s Report: The Good, the Bad and the Ugly

    Paul MurungiThe Big StoryJanuary 30, 2026January 30, 2026

    Uganda’s Auditor General Edward Akol has issued a wide-ranging warning to Parliament: the country is collecting more revenue than ever, yet persistent weaknesses in procurement, project execution, asset management, staffing,…

    Chairman and Director Conflict Resolution Tim Fletcher, CEO and Managing Partner Brent Williams, and Kenya Managing Partner Sammy Ndolo anchor Cliffe Dekker Hofmeyr’s rise in in both South Africa and East Africa, combining strategic leadership, execution discipline, and local insight as the firm quietly steers the region’s most complex, multibillion-dollar cross-border transactions.

    Who is Cliffe Dekker Hofmeyr, the law firm advising the $3 bilion Vodacom-Safaricom and Nedbank-NCBA Bank Deals?

    Jeff WintersThe Big StoryJanuary 30, 2026January 30, 2026

    When two of East Africa’s largest corporate transactions, together valued at nearly $3 billion, required legal advisers, the mandates converged on a single firm. That firm is Cliffe Dekker Hofmeyr…

    Finance Trust Bank Transition: What Will Change for Depositors and Borrowers

    Paul MurungiBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 31, 2026

    Finance Trust Bank has outlined the next phase of its operations after receiving approval from the Bank of Uganda to continue business under a Tier II Credit Institution licence, effective…

    Nigeria’s Access Bank Deal to Acquire Uganda’s Finance Trust Bank Falls Apart After Two Years

    Paul MurungiBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 30, 2026

    What began as one of the most closely watched cross border banking acquisition plans in East Africa has now officially fallen apart.  The proposed takeover of Uganda’s Finance Trust Bank…

    Finance Trust Bank Managing Director Annet Mulindwa Nakawunde, Opportunity Bank Chief Executive Officer Owen Amanya, ABC Capital Chief Executive Officer Jesse Timbwa and Guaranty Trust Bank Managing Director Ali Fatima. The four executives have steered their institutions through the difficult transition from Tier I commercial banks to Tier II credit institutions amid Uganda’s tighter capital regime.

    A Leaner, Stronger Sector, But at a Price: The UGX150b Rule Behind Uganda’s Four Bank Downgrades and an Exit

    The CEO Magazine TeamThe Big StoryJanuary 29, 2026January 29, 2026

    When Bank of Uganda, on Thursday (January 29, 2026), announced that Finance Trust Bank had been authorised to transition from a Tier I commercial bank to a Tier II credit…

    A lead graphic showing Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, set against the Stanbic Bank headquarters in Kampala. The image accompanies the feature “Nine Months of Mumba,” which examines Kalifungwa’s early tenure and asks whether Stanbic can convert its balance-sheet scale and regional integration into faster, sustainable growth.

    All Eyes on Mumba Kalifungwa: 9 Months In, Can He Reignite Stanbic’s Growth?

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 29, 2026

    In a few weeks, Stanbic Bank Uganda — the country’s largest commercial bank — will release its full-year 2025 results. If its first-half performance is any indication, the bank is…

    Bank of Uganda Approves Finance Trust Bank’s Application to Downgrade to a Credit Institution

    Paul MurungiBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 30, 2026

    The Bank of Uganda (BoU) has approved the transition of Finance Trust Bank Limited from a Tier I commercial banking licence to a Tier II credit institution licence, marking the…

    Dangote Appoints MTN Group CEO Ralph Mupita to Fertilizer Board 

    Paul MurungiLeadership & GovernanceManufacturing & IndustryThe Big StoryJanuary 28, 2026January 28, 2026

    Dangote Industries has appointed MTN Group Chief Executive Officer Ralph Mupita to the board of its fertilizer business as the company prepares to expand operations and pursue a listing in…

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