The Big Story

How Stone Atwine Grew Eversend to 500,000 Users with Just USD1.2M in Funding

Jonathan N. LubwamaEntrepreneurshipExecutive ProfilesNews & AnalysisTechnology & InnovationThe Big StoryJuly 31, 2023August 1, 2023

A startup, in its broadest sense, is a young, ambitious company that is in the initial stages of its business operations. These companies are typically driven by a unique business…

Ten Key Things Ugandan Startups Must Consider Before Raising Funding.

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipTechnology & InnovationThe Big StoryJuly 31, 2023August 7, 2023

The entrepreneurial landscape in Uganda has witnessed a remarkable upsurge, with a proliferation of startups offering innovative solutions to local and global challenges. This burgeoning ecosystem has been fueled by…

How A Mindset Shift Propelled Matthew Mukalere to BlackRock, the World’s Largest Asset Manager.

Jonathan N. LubwamaBanking & Financial ServicesEntrepreneurshipThe Big StoryJuly 31, 2023July 31, 2023

At just 26 years, Matthew Mukalere, a Ugandan by descent, is working at BlackRock, one of the world’s largest asset managers with USD 8.6 trillion in assets under management. But…

I&M Bank’s Ntulume tips organisations on use of technology to improve customer experiences and competitiveness

Muhereza KyamuteteraCompany NewsThe Big StoryJuly 31, 2023July 31, 2023

Rather than worry about the risks and disruptions to sustainability caused by rapidly changing technologies, business leaders and especially board directors should instead embrace the opportunities presented by technology, as…

We will relentlessly pursue dfcu Bank and its owners in English courts⏤ Crane Bank shareholders vow after London win

Muhereza KyamuteteraBusiness & MarketsNews & AnalysisThe Big StoryJuly 30, 2023July 30, 2023

Fresh from securing an English appellate court order that dfcu Bank, its former management and directors, must answer claims that they participated in corruption and bribery of Central Bank officials…

Sudhir vs. dfcu Bank: London appellate court orders dfcu and its former managers to pay UGX8.8 bn in costs

Muhereza KyamuteteraBusiness & MarketsLegal & JusticeThe Big StoryJuly 27, 2023July 27, 2023

A London Court of Appeal has ordered dfcu Bank, its holding company, dfcu Limited, as well as dfcu Bank’s former board chairman, Jimmy Mugerwa (now dfcu Limited Chairman), Juma Kisaame…

Riham maker, Hariss International, puts its best foot forward with new and modern multi-beverage and confectionery plant

The CEO Magazine TeamBusiness & MarketsCompany NewsThe Big StoryJuly 25, 2023July 25, 2023

In what the company says is a quest “to be the most admired beverage and snacks business in Africa”,  Harris International Limited, makers of Riham products this week unveiled its…

From feet of clay to a solid footing⏤ Reuben Tumwebaze moulds a leakproof plan for Uganda Clays’ thrivingness

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJuly 25, 2023July 25, 2023

2022⏤ the 4th year in the 5-year 2019-2023 Corporate Strategic Plan of Uganda Clays Limited (UCL), was by all means a tough year. Not only did Uganda’s oldest and largest…

Delaying the inevitable⏤ Ham Kiggundu goes to Constitutional Court to challenge Supreme Court ruling

The CEO Magazine TeamLegal & JusticeNews & AnalysisThe Big StoryJuly 21, 2023July 21, 2023

In yet another legal gimmick, largely perceived to be a delay tactic, to buy him time, against the inevitable, businessman Hamis Kiggundu (Ham) has applied to the Constitutional Court, seeking…

Jinja, the Source of the Nile and East Africa’s adventure capital is calling

Muhereza KyamuteteraHospitality & TourismThe Big StoryThe Executive TravelerJuly 19, 2023July 19, 2023

Jinja, in the Near East of Uganda is one of Uganda’s most unique locations. Not only is it located close to Uganda’s capital city, Kampala (approximately 80 kilometres) It also…