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    The Big Story

    The BIG Story

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

    April 7, 2026April 7, 2026 0 Shares
    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

    April 6, 2026April 6, 2026 0 Shares
    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...

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

    April 6, 2026April 6, 2026 0 Shares
    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...

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

    April 4, 2026April 4, 2026 0 Shares
    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.
     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

    April 3, 2026April 4, 2026 0 Shares
    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....

    Baker Magunda appointed Stanbic Uganda Holdings Board Chairman

    Muhereza KyamuteteraBusiness & MarketsC-Suite LeadershipExecutive ProfilesThe Big StoryJune 8, 2023June 8, 2023

    In accordance with Rule 36 of the Uganda Securities Exchange Listing Rules 2021, the Board of Directors (the “Board”) of Stanbic Uganda Holdings Limited (SUHL) has appointed Mr. Baker Magunda…

    SIR IVAN MENEZES 1959 – 2023: ‘Captain Morgan’ of the Diageo Ship ‘Walks’ On

    Muhereza KyamuteteraC-Suite LeadershipExecutive ProfilesThe Big StoryJune 8, 2023June 8, 2023

    Sir Ivan Menezes the ‘Captain Morgan’ of the Diageo Plc ship has passed on, after a short illness.  “This is an incredibly sad day. Ivan was undoubtedly one of the…

    Felix Okoboi, the new wunderkind in Uganda’s corporate corridors of power

    Muhereza KyamuteteraExecutive ProfilesLists & RankingsThe Big StoryJune 7, 2023June 7, 2023

    Last week, East African Breweries Limited (EABL), the region’s leading branded alcohol beverage business and a subsidiary of Diageo, the global alcohol giant announced that it had appointed Felix Okoboi…

    East African Startups Raised the Most Funding in May 2023.

    Jonathan N. LubwamaEntrepreneurshipTechnology & InnovationThe Big StoryJune 6, 2023June 6, 2023

    As per Africa: The Big Deal, African startups raised $621.8 million from just 34 deals which makes it an average of $18.3 million per deal in May 2023. This is…

    Continuing its Cost-Cutting Measures, Chipper Cash Undertakes a Third Round of Layoffs Since December

    Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipNews & AnalysisTechnology & InnovationThe Big StoryJune 5, 2023June 6, 2023

    Pan African startup, Chipper Cash, has laid off at least 10 employees in its latest round of playoffs including the Global Head of Marketing and the Country Director of Kenya….

    Onapito Ekomoloit appointed Nile Breweries Limited Board Chairman

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryJune 5, 2023June 5, 2023

    After an unbroken 17 years as Legal and Corporate Affairs Director, at Nile Breweries Limited, Onapito Ekomoloit has been appointed the new Board Chairman of Nile Breweries Ltd, an AB-InBev…

    URA and China Customs launch mutual trade-enhancing program; clearance speed to improve by 60% and costs to reduce by 10%

    Muhereza KyamuteteraThe Big StoryJune 5, 2023June 5, 2023

    Uganda Revenue Authority together with China Customs have launched the implementation of the Authorized Economic Operators Mutual Recognition Agreement. The agreement which was signed in May 2021 has its implementation…

    Vision Group appoints two new board directors and two new members  to the Board Audit and Risk Committee

    The CEO Magazine TeamCompany NewsThe Big StoryJune 5, 2023June 5, 2023

    To strengthen leadership and governance, New Vision Printing and Publishing Company Limited (Vision Group), Uganda’s largest multimedia company recently appointed two Board Directors and two members of the Board Audit…

    DETAILS: How digital thieves made away with UGX1.3 bn from Pride Microfinance

    Muhereza KyamuteteraBusiness & MarketsNews & AnalysisThe Big StoryJune 1, 2023June 5, 2023

    Pride Microfinance Limited a government of Uganda-owned deposit-taking Microfinance institution was early May 2023 hacked and UGX1.3 billion stolen, CEO East Africa Magazine can exclusively reveal.  Although the financial institution…

    Explainer: How Are Startups Valued?

    Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipNews & AnalysisTechnology & InnovationThe Big StoryJune 1, 2023June 1, 2023

    In startups and general businesses, valuation refers to the process of determining the financial worth or value of a company. It is an estimation of what the market considers the…

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    CEO East Africa
     
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      • 100 Leading & Admired CEOs
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