The Big Story

Budgeting for Economic Recovery: How the budget relief funds will support business recovery in Uganda

CEO ReporterNews & AnalysisThe Big StoryThought LeadershipAugust 17, 2022August 19, 2022

By Bob Twinomugisha Access to capital is critical for small business success and crucial to our economic recovery. Without access to capital, many small companies are not able to maintain…

UGANDA’S BIGGEST CORPORATE LOVE STORY: Anne Juuko, Stanbic Bank’s CEO and MMAKS’ Advocates Apollo Makubuya to tie the knot at Namirembe Cathedral on August 27th 

The CEO Magazine TeamThe Big StoryAugust 17, 2022August 17, 2022

Apollo Nelson Makubuya, a Partner at MMAKS Advocates, one of Uganda’s largest and most influential law firms and Anne Juuko, the Chief Executive of Stanbic Bank, will on August 2nd,…

Who is William Ruto, Kenya’s  5th President 

CEO ReporterThe Big StoryAugust 15, 2022August 15, 2022

William Samoei Arap Ruto had today been declared the 5th Kenyan President after a hotly contested election. He had stood on the UDA ticket. Ruto was neck to neck with Raila…

FINCA@30: Who are the 13 top executives leading FINCA’s mission to provide innovative and impactful financial services to Uganda’s low-income earners?

Muhereza KyamuteteraBanking & Financial ServicesNews & AnalysisThe Big StoryAugust 12, 2022September 9, 2022

In line with its purpose of being an “unconventional community-based bank that responsibly provides innovative and impactful financial services”, FINCA has also maintained health profitability. For example, in 2019, at…

Retired Justices Wilson Kwesiga and David Kutosi Wangutusi join private legal practice, partner with Greystone Advocates

Muhereza KyamuteteraLegal & JusticeLists & RankingsThe Big StoryAugust 12, 2022August 12, 2022

Hon. Justice Wilson Kwesiga who in 2021 retired as the Head of the High Court Criminal Division and Hon. Justice David Kutosi Wangutusi who also retired in the same year,…

Samuel Mwogeza to leave Stanbic Bank for a global CFO role

Muhereza KyamuteteraBanking & Financial ServicesNews & AnalysisThe Big StoryAugust 12, 2022October 31, 2022

Samuel Fredrick Mwogeza, hitherto the Stanbic Bank, Uganda, Executive Head for Consumer & Affluent Banking is quitting the bank, for a yet-to-be-named Global CFO role, CEO East Africa Magazine can…

UETCL names Taremwa Michael Kananura Acting Chief Executive Officer

CEO ReporterThe Big StoryAugust 11, 2022August 11, 2022

Uganda Electricity Transmission Company Limited (UETCL) has appointed Taremwa Michael Kananura as Acting Chief Executive Officer. Mr. Taremwa has been the Chief Finance Officer of UETCL since August 2021 until…

30 years of lifting low-income communities out of poverty through innovative and impactful financial services— the story of FINCA Uganda

Muhereza KyamuteteraBusiness & MarketsThe Big StoryAugust 9, 2022August 9, 2022

The Foundation for International Community Assistance, now commonly known as FINCA was founded by Mr. Hatch and Rupert Scofield as a Village Banking™ model- a concept that would enable poor…

Struggling Top Finance Bank sold to Djibouti’s Salaam African Bank

CEO East Africa MagazineNews & AnalysisThe Big StoryAugust 8, 2022August 8, 2022

A Djibouti-based bank, Salaam African Bank (SAB) has acquired Uganda’s Top Finance Bank Limited (TFB). Bank of Uganda (BoU), the financial sector regulator announced the acquisition today on Monday 8th…

Court orders Standard Chartered Bank to pay customer UGX15 Million in damages for illegally debiting his account

Nelson NambooleThe Big StoryAugust 7, 2022August 7, 2022

The High Court in Kampala has ordered Standard Chartered Bank Uganda to compensate its customer, a one Eric Butime Katabarwa with a sum of UGX15 million in damages for illegally…