The Big Story

Crown Beverages celebrates 30 years of refreshing Uganda with a UGX340 billion expansion project

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryApril 7, 2023April 7, 2023

Crown Beverages Limited, the franchise bottler for PepsiCo, Inc., in Uganda has marked has today officially inaugurated its multimillion-dollar bottling plant at Kakungulu, Kajjansi Town Council, on the outskirts of…

A solid performer who doubled Stanbic Kenya’s profits in 5 years⏤ here is more of what we know about Charles Mudiwa, the new dfcu Bank CEO 

Muhereza KyamuteteraBusiness & MarketsThe Big StoryApril 7, 2023April 11, 2023

CEO East Africa Magazine, on January 18th 2023 broke the story that Charles Mwanyara Mudiwa, the former Chief Executive Officer of Stanbic Bank Kenya had been appointed as the next…

SHARED PROSPERITY: A deep-dive into Stanbic’s emphatic 2022 performance  

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryApril 5, 2023April 5, 2023

The bank which is the biggest lender with 21% of the market share, in 2020 restructured UGX800 billion of loans, giving room to clients to get back on their feet….

Crown Beverages Limited at 30 years⏤ probably Uganda’s most-successful privatisation story

Muhereza KyamuteteraBusiness & MarketsThe Big StoryApril 5, 2023April 5, 2023

When in 1993,  Amos Nzeyi, and his partners, Chris Kayoboke and the now deceased Dan Kigozi, made a bid to buy what was left of the assets of the then…

FACTS BEHIND THE FIGURES: dfcu banks on transforming lives and businesses through innovation and empowering Ugandans 

CEO ReporterCompany NewsNews & AnalysisThe Big StoryApril 4, 2023April 4, 2023

Dfcu Limited, the holding company for dfcu Bank, last week released its 2022 results reporting that net profit grew by 217% from UGX9.3 billion in 2021 to UGX29.5 billion in…

TAX OPINION: The proposed tax on the sale of property in The Income Tax Bill 2023 is too extreme 

Birungyi Cephas KagyendaBusiness & MarketsThe Big StoryThought LeadershipApril 3, 2023April 3, 2023

The Income Tax Bill published on 30th March 2023 is spectacular in that it attempts to make dramatic reforms in tax. Apart from doing away with the incentive for investors…

Towards a digitally-led smart bank of choice by 2025⏤ A Q&A with Centenary Bank’s Fabian Kasi

Muhereza KyamuteteraThe Big StoryApril 3, 2023April 3, 2023

Congratulations upon winning the CEO of the year, 2023 award in the just-ended 10th Pan Africa Bank Forum held in Nairobi, Kenya. What does this award mean to you, the…

Man In The Hot Seat⏤ Multichoice Uganda’s Hassan Saleh 

Muhereza KyamuteteraNews & AnalysisThe Big StoryApril 3, 2023April 3, 2023

When Multichoice Uganda sought to replace their long-serving Chief Executive, Charles Hamya, they turned to Hassan Saleh.  MultiChoice Uganda is 100% owned by MultiChoice Africa Holdings- the South-African headquartered entertainment…

I&M Group PLC 2022 profits grow by 34% to USD87.8 million on the back of its regional growth strategy and accelerated digital adoption

CEO ReporterCompany NewsNews & AnalysisThe Big StoryMarch 31, 2023March 31, 2023

I&M Group PLC has recorded KES 11.6 billion (USD87.8 million)  in profit after tax for the full year ending December 2022; a 34% increase in profitability from KES 8.6 billion…

Uganda to enhance position as regional international meetings hub with completion of new Munyonyo Convention Centre

CEO ReporterBusiness & MarketsHospitality & TourismThe Big StoryMarch 31, 2023January 31, 2024

Uganda is constructing a one-of-a-kind conference and convention centre which upon completion will be the biggest modern conference centre of its kind in East Africa. The Speke Resort Convention Centre,…