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    The Big Story

    The BIG Story

    In November 2024, President Museveni officially launched construction of the Kampala–Malaba Standard Gauge Railway, marking a major milestone in Uganda’s long-delayed efforts to modernise transport and boost regional connectivity.

    Uganda Turns to Citibank After Years of SGR Delays Over Financing

    April 16, 2026April 16, 2026 0 Shares
    Uganda’s decision to contract Citibank to mobilise funding for its Standard Gauge Railway (SGR) marks a significant turning point for a project that has faced years of delays, largely due...

    Cash Is Expensive: Could Lower Mobile Money Taxes Save Uganda Billions?

    April 15, 2026April 16, 2026 0 Shares
    Uganda is paying heavily to keep cash alive. Every year, trillions of shillings are absorbed into an economy still built around physical currency through the systems that print, transport, secure,...

    25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda

    April 15, 2026April 15, 2026 0 Shares
    When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a...

    CMA @30: The Story of Uganda’s Capital Markets – Milestones, Growth, Challenges and the Road Ahead

    April 15, 2026April 15, 2026 0 Shares
    Josephine Okui Ossiya, Chief Executive Officer of Capital Markets Authority, reflects on three decades of market growth, highlighting regulatory innovation, investor confidence, and a vision to position capital markets at the center of Uganda’s economic transformation and future development.
    As Uganda’s capital markets mark three decades of growth, the Capital Markets Authority (CMA) stands at a pivotal moment; transitioning from building foundational structures to driving transformative impact. Since its...

    Airtel Africa CEO Sunil Taldar Targets Uganda for Increased Investment, Citing Strong Growth and Strategic Importance

    April 14, 2026April 14, 2026 0 Shares
    Airtel Africa CEO Sunil Taldar (left) and Airtel Uganda Managing Director Soumendra Sahu during a media engagement in Kampala. Taldar highlighted Uganda as a strategic priority market, noting the strong financial performance and growth delivered under Sahu’s leadership.
    Airtel Africa is setting its sights firmly on Uganda as a key investment destination, with Group CEO Sunil Taldar signalling deeper capital deployment and continued technology rollouts in what he...

    From Father To Son: How Ugachick’s Aga Sekalala groomed his son to take over business empire

    The CEO Magazine TeamThe Big StoryDecember 14, 2023December 14, 2023

    When it comes to entrepreneurship, Aga Sekalala Senior has been there and done that. Starting out, Aga Sekalala Sr. worked alongside his father in a home-based coffee processing business in…

    BREAKING: Jumia to close its unprofitable food delivery business this month

    Muhereza KyamuteteraNews & AnalysisThe Big StoryDecember 14, 2023December 14, 2023

    Jumia Technologies, a pan-African e-commerce platform, has announced plans to close its food delivery business, Jumia Food. In a statement, the company said that it “will continue to operate its…

    From matooke vendor to owning Freedom City: How John Ssebalamu became a billionaire

    CEO ReporterBillionairesThe Big StoryDecember 13, 2023December 13, 2023

    If John Ssebalamu walked from City Square to the old taxi park, chances are that nine out of ten Ugandans would not be able to positively identify him. This is…

    BREAKING: Standard Bank Group Reassigns Francis Karuhanga As Its New Chief Executive for Stanbic Uganda Holdings

    Muhereza KyamuteteraCompany NewsExecutive ProfilesThe Big StoryDecember 13, 2023December 13, 2023

    The Standard Bank Group has named Francis Karuhanga as the new Chief Executive for Stanbic Uganda Holdings (SUHL), the listed entity under which Stanbic Bank, Uganda’s largest bank is operated….

    East African Crude Oil Pipeline receives first batch of 100KM line pipes from China, paving way for pipeline construction

    The CEO Magazine TeamNews & AnalysisThe Big StoryDecember 12, 2023December 12, 2023

    The East African Crude Oil Pipeline (EACOP) has announced the arrival of the first shipment of 100 km of line pipes at the port of Dar-es-Salaam in Tanzania.  This signals…

    From A Bank Teller To CFO Of Stanbic, Uganda’s Largest Bank⏤ Tracing Ronald Makata’s Story

    Muhereza KyamuteteraC-Suite LeadershipCEO PerspectivesThe Big StoryDecember 10, 2023December 10, 2023

    Serving as Chief Finance Officer is the dream for most finance professionals; could you please share with us your journey to becoming Chief Finance and Value Management Officer (CFVO) at…

    Ugandan Court clears way for Tilenga Oil Project to proceed; allows government to deposit UGX950 million project affected persons’ compensation with court 

    The CEO Magazine TeamNews & AnalysisThe Big StoryDecember 10, 2023December 10, 2023

    Hoima High Court Judge, Byaruhanga Jesse Rugyema on Friday 8th ruled in favour of the government allowing for over UGX 950m compensation money for defiant oil Project Affected Persons (PAPs)…

    Principal Judge Orders Commercial Court’s Justice Mubiru Not To Hear Any New Cases Until He Disposes Of 170 Unfinished Cases

    The CEO Magazine TeamLegal & JusticeNews & AnalysisThe Big StoryDecember 9, 2023December 9, 2023

    The Principle Judge Flavian Zeija has directed Justice Stephen Mubiru, not to hear or be allocated any further new cases until he disposes of 170 cases before him. The Principal…

    U.S. Treasury Sanctions Uganda Prisons Boss, Johnson Byabashaija over Human Rights Abuse

    Muhereza KyamuteteraNews & AnalysisThe Big StoryDecember 9, 2023December 9, 2023

    Ahead of the world’s commemoration of the December 10, 2023’s 75th anniversary of the Universal Declaration of Human Rights (UDHR)⏤  the landmark document enshrining human rights and fundamental freedoms for…

    Uganda’s Energy Minister, Ruth Nankabirwa on a charm offensive at COP 28 in Dubai to win over fossil fuels naysayers with her Energy Transition Plan (ETP) 

    Paul MurungiNews & AnalysisThe Big StoryDecember 8, 2023February 28, 2024

    This week, Energy Minister Ruth Nankabirwa led top Ugandan energy officials to unveil an ambitious energy transition plan at COP28 in Dubai. The Energy Transition Plan (ETP) targets to ensure…

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