The Big Story

Airtel Africa Registers Double Digit Revenue Growth for half year ended 30 September 2022

CEO ReporterNews & AnalysisThe Big StoryOctober 27, 2022October 28, 2022

Airtel Africa has released half year ended 30 September 2022 results indicating double digit revenue growth by 12.9% in the first half and 12.7 for Q2,23. Constant currency growth rate…

Wena Hardware: How Vaolah Amumpaire is providing Building Solutions to Ugandans in the Diaspora

David KangyeNews & AnalysisThe Big StoryOctober 26, 2022October 26, 2022

In 2017, Vaolah Amumpaire was working as a sales agent for a wheat making company. One of her roles was to increase the distribution network for the company in places…

Nicky & Jonathan Oppenheimer, Africa’s 3rd richest billionaires acquire a majority stake in Riham, Uganda’s No.3 soft drinks maker

Muhereza KyamuteteraBillionairesBusiness & MarketsThe Big StoryOctober 25, 2022June 6, 2024

South Africa’s Nicky & Oppenheimer family, Africa’s third richest billionaires, have through one of their investment vehicles, Oppenheimer Partners, made a majority acquisition of Uganda’s Hariss International, makers of the…

GREAT PEOPLE BUILDING GREAT COMPANIES: Meet the senior leadership team shaping Uganda Baati into Uganda’s leading building solutions company

Muhereza KyamuteteraCompany NewsThe Big StoryOctober 24, 2022October 24, 2022

Similarly, for Uganda Baati, its success is built on it’s the grit of its over 300 men and women that make up its permanent staff, but equally important on its…

President Museveni launches Dei Biopharma’s pharmaceutical manufacturing plant

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 22, 2022October 22, 2022

President Yoweri Museveni, on Friday, October 21, commissioned the Dei Biopharma manufacturing facility in Matugga, near Kampala. The pharmaceutical plant will produce high-quality yet affordable medicines across a range of…

Q&A WITH FABIAN KASI: This is why Centenary Bank is hot 

Muhereza KyamuteteraBusiness & MarketsC-Suite LeadershipCompany NewsNews & AnalysisThe Big StoryOctober 21, 2022November 8, 2022

Fabian Kasi is the Managing Director of Centenary Bank, Uganda’s second-largest bank by assets, deposits, lending and profitability. He has been at the helm of the bank since 2010, leading…

Stanbic Uganda, Autochek partner to provide affordable vehicle financing for local businesses and individuals

Muhereza KyamuteteraThe Big StoryOctober 20, 2022October 20, 2022

Local businesses seeking to boost their field operations can now benefit from affordable vehicle financing options courtesy of a new partnership between Stanbic Bank Uganda and Autochek, a Pan-African auto-dealership…

Uganda’s Centenary Rural Development Group to acquire Malawian Bank 

Muhereza KyamuteteraThe Big StoryOctober 18, 2022October 22, 2022

Centenary Rural Development Group and the Catholic Archdiocese of Lilongwe are to acquire 100% shareholding in MyBucks Banking Corporation of Malawi. In a joint statement released today by the two…

Inside the operation to move CNOOC’s massive oil rig from Mombasa to Kikuube and the 4 Ugandan friends whose company, DDG Oil & Gas Logistics, pulled off this complex task

Muhereza KyamuteteraNews & AnalysisThe Big StoryOctober 18, 2022October 26, 2022

On the 26th of September 2022, a new milestone was achieved in Uganda’s oil and gas industry. The first set of the Drilog and Welleader system and the LR8001 land…

15 years and UGX1 trillion assets older, KCB Uganda marks anniversary in $tyle

Muhereza KyamuteteraBusiness & MarketsThe Big StoryOctober 16, 2022October 16, 2022

KCB Bank on 14th October, marked its 15th anniversary since it set foot in Uganda in 2007, with a firm promise to close the year with at least a UGX1…