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    The Big Story

    The BIG Story

    World Bank bans PwC Africa, Rwanda and Kenya affiliates from Bank Group-financed projects over fraudulent practices

    March 18, 2026March 18, 2026 0 Shares
    The World Bank Group has debarred three PricewaterhouseCoopers (PwC) entities in Africa for 21 months over their involvement in collusive and fraudulent practices linked to a major regional energy project...
    From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.

    Equity Group Posts Record 55% Surge in Profit to KSh75.5b: Uganda Bounces Back With 500% Growth in Net Profit – A Defining First Year for MD Gift Shoko

    March 18, 2026March 18, 2026 0 Shares
    Equity Group Holdings has delivered one of the most remarkable financial performances in East Africa’s banking history, posting a 55% surge in profit after tax to KSh75.5 billion in FY2025,...

    After Success, Then What? Francis Kamulegeya on His Aptly Titled New Book and Life Beyond Big Titles and Offices

    March 18, 2026March 18, 2026 0 Shares
    Since stepping away from corporate leadership, Kamulegeya has devoted his time to writing, mentoring young professionals, supporting social impact initiatives, and contributing to conversations on leadership and life transitions. These...

    Serigne Dioum: Powering a $500 Billion Fintech Engine at the Heart of Africa’s Digital Economy

    March 18, 2026March 18, 2026 0 Shares
    Writing on his LinkedIn page on 17th March, Serigne Dioum, the Group CEO, MTN Group Fintech, reflected on MTN’s FY2025 performance, where the numbers told a story few platforms on...

    EADB Defends Auction of Nairobi Property in USD 9.1 Million Loan Dispute With Kenyan Borrower

    March 17, 2026March 17, 2026 0 Shares
    The East African Development Bank (EADB) has issued a detailed statement defending its decision to auction a Nairobi property belonging to Kenyan borrower Dari Limited, saying the sale followed years...

    Uganda Government Moves to Tighten Unregulated Imports of Unlicensed Starlink Equipment

    Paul MurungiThe Big StoryDecember 23, 2025December 23, 2025

    The Government of Uganda has moved to tighten controls on the importation of unlicensed Starlink satellite communication equipment, with a leaked internal memorandum from the Uganda Revenue Authority (URA) directing…

    Uganda, Rwanda and Nigeria Affected as Trump Recalls Nearly 30 Ambassadors Globally

    Muhereza KyamuteteraGlobal NewsThe Big StoryDecember 23, 2025December 23, 2025

    In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move…

    Outgoing CEO Latimer Mukasa (left) will hand over the reins at MUA Insurance to Nicholas Lutakome, a seasoned actuary and transformation-focused executive. The leadership transition marks the close of a steady-growth era under Mukasa and the start of a new chapter aimed at accelerated expansion, innovation, and deeper market inclusion under Lutakome.

    MUA Insurance Appoints CIC Uganda’s CEO Nicholas Lutakome as New Chief Executive Officer  

    CEO East Africa MagazineThe Big StoryDecember 23, 2025December 23, 2025

    MUA Insurance has appointed seasoned insurance executive Nicholas Lutakome as its new Chief Executive Officer, marking a leadership transition aimed at accelerating growth and deepening the company’s footprint in Uganda’s…

    Stephen Chikovore, Old Mutual General Insurance’s CEO in Uganda to Step Down in January 2026

    Paul Murungi and Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryDecember 22, 2025December 22, 2025

    Old Mutual Insurance Uganda, Uganda’s No.1 general insurer, has announced that its Managing Director and Chief Executive Officer, Stephen Chikovore, will step down from his role effective 31 January 2026….

    The Tax Appeals Tribunal has upheld URA’s $100,000 penalty against TotalEnergies EP Uganda for delayed transfer-pricing disclosures, affirming enforceable audit deadlines. The decision signals tougher scrutiny for multinationals in the extractives sector as commercial oil production nears.

    TotalEnergies EP Hit With $100,000 Penalty Over Delayed Tax Audit Disclosures in Uganda

    CEO East Africa MagazineThe Big StoryDecember 22, 2025December 22, 2025

    The Tax Appeals Tribunal has upheld a $100,000 (UGX357 million) penalty imposed on TotalEnergies EP by Uganda Revenue Authority (URA) for failing to provide transfer pricing information within prescribed timelines…

    Uganda’s fruit shouldn’t rot in gardens. Nilezilla’s Yumbe processing plant shows how serious investment in value addition can cut post-harvest losses, create rural jobs, and turn agricultural potential into real incomes for farmers and communities.

    Beyond the Low-Hanging Fruit: The Grit, Capital, and Vision Required to Industrialise Rural Uganda

    CEO East Africa MagazineThe Big StoryDecember 20, 2025December 20, 2025

    For decades, the story of Uganda’s agriculture has been one of bittersweet potential. We sing about being the Pearl of Africa, blessed with fertile soils and two rain seasons, yet…

    Meet Bowmans’ Lawyers Advising Diageo in its USD 2.3 Billion Sale of EABL to Japan’s Asahi Group

    Muhereza KyamuteteraLaw Firms (A - Z)Legal & JusticeThe Big StoryTop Law FirmsDecember 20, 2025December 20, 2025

    When mega-deals happen, the most visible winners are usually the shareholders who are selling. But in transactions of this scale, there is always a second, less visible layer of immediate…

    #WomenFixingUganda: Lessons from Dr. Winnie Tarinyeba Kiryabwire on Law, Leadership, Governance and Life

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipDecember 20, 2025December 20, 2025

    In the world of corporate governance, commercial law, and professional ethics, few Ugandan or regional figures carry the authority and global resonance that Winnie commands. A distinguished lawyer, academic, and…

    Soumendra Sahu, Managing Director and CEO of Airtel Uganda, during his first year in office, highlighting Airtel Uganda’s network expansion, new telecom infrastructure, stakeholder engagement, employee culture, and digital innovation driving connectivity and growth across Uganda.

    Winning in the Marketplace and with Stakeholders: A strong first year  for Airtel Uganda’s Soumendra Sahu

    Muhereza KyamuteteraC-Suite LeadershipThe Big StoryDecember 20, 2025December 20, 2025

    When Soumendra Sahu took over as Managing Director and Chief Executive Officer of Airtel Uganda in December 2024, he stepped into one of the most competitive, politically sensitive, and fast-evolving…

    Tight Rules, Big Money: Energy Ministry Restricts Gold Trade to Licensed Operators as Central Bank Enters a UGX 20 Trillion Market 

    Paul MurungiEnergy, Oil & GasThe Big StoryDecember 19, 2025February 13, 2026

    The Ministry of Energy and Mineral Development has tightened control over Uganda’s gold trade, unfolding against a backdrop of record-breaking export earnings, a planned entry of the central bank into…

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