President Yoweri Kaguta Museveni has appointed Justice Flavian Zeija as the new Chief Justice of the Republic of Uganda, elevating a seasoned jurist, academic and administrator to the country’s highest…
Standard Chartered Bank has announced a series of top leadership changes across its African operations, naming Nigerian banker Dalu Ajene as its new Chief Executive Officer (CEO) for Africa. The…
South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group. The move is set to hand the Johannesburg-listed lender...
Uganda’s two largest mobile network operators, Airtel Uganda and MTN Uganda, are estimated to have lost between UGX 22.8 billion and UGX 24 billion in data revenues following the four-day…
Frank Molla, Managing Director for Africa at payments giant MDP, is a strong believer that books are quiet mentors and companions that steer leaders toward depth, courage, and beautifully human…
In this deep and revealing conversation with Muhereza Kyamutetera for our Mad(Wo)Men series — an in-depth look at the visionaries who have shaped, challenged, and redefined Uganda’s advertising industry— Alemu reflects…
PostBank Uganda’s Chief Financial Officer, Peter Ssenyange wins big at the just concluded annual Chief Financial Officer (CFO) Awards which seek to celebrate exceptional leaders in the finance industry, as…
Markets in downtown Kampala remain lively, yet many traders quietly admit sales are slowing and loan costs are biting harder. It is the classic squeeze: weak consumer demand meeting tighter…
In Uganda, where insurance penetration remains below 1% of GDP, at 0.883% in 2024, according to the Insurance Regulatory Authority (IRA), the sector sits in a paradox. On paper, it is growing: gross written premiums rose by more than 10% in 2024 to UGX 1.76 trillion, and the number of licensed players increased to 143 companies in 2025. Mergers among major insurers, such as the April tie-up between Sanlam General and Jubilee Allianz, dominate headlines. The regulator has also tightened oversight, enforcing a 200% capital adequacy ratio that has compelled firms to strengthen their balance sheets. Yet for the average…
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WPP Scangroup Plc has announced the appointment of Akua Brayie Owusu-Nartey as the new Group Chief Executive Officer (CEO) and CEO of Ogilvy Africa, effective November 17, 2025. She will also join the company’s board as an Executive Director. The significant leadership change underscores WPP Scangroup’s commitment to strengthening its strategic direction and operational excellence across Sub-Saharan Africa. Ms. Owusu-Nartey brings over 18 years of experience in integrated communications, brand transformation, and business growth across Africa. She is recognized for her ability to revitalise underperforming businesses and manage large cross-functional teams. Her leadership spans key African markets, including Ghana, Nigeria,…
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“I was fired with almost no savings, fired with a salary loan, fired with retired parents depending on me, fired with a young daughter in school, and fired with one semester left in my master’s degree.” Those were the words of Daniel Ayebare, Chairperson of the Uganda Financial Literacy Association (UFLA), recalling the moment his life was upended after nearly a decade in the banking sector. Two years earlier, he had registered a small non-profit aimed at empowering young people through financial and social business education, inspired by Nobel Laureate Muhammad Yunus. But like many chasing stability, he had postponed…
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The Coca-Cola Company and Gutsche Family Investments have agreed to sell a controlling 75 percent stake in Coca-Cola Beverages Africa (CCBA) to Coca-Cola Hellenic Bottling Company AG (Coca-Cola HBC) in a transaction valued at US$2.6 billion. The transaction values Coca-Cola Beverages Africa at an equity value of US$3.4 billion, establishing Coca-Cola HBC as the controlling shareholder in Africa’s largest Coca-Cola bottler and one of the most important strategic acquisitions in the company’s history. Under the terms of the agreement, Coca-Cola HBC will acquire 41.52 percent of CCBA from The Coca-Cola Company, which currently holds 66.52 percent, and the remaining 33.48…
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Many people remember aBi Trust, but today there is aBi Finance and aBi Development. Could you walk us through the journey and describe aBi Finance’s current strategic position within Uganda’s…
Let’s begin with your personal journey. How did you first step into the advertising world, and more specifically, the media buying industry? What inspired or influenced that move—were there particular…
A milestone moment for African connectivity MTN Group has cemented its position as Africa’s leading telecommunications company, officially becoming the first African-headquartered telco to surpass 300 million subscribers. The milestone marks the successful achievement of the Group’s Ambition 2025 strategic target to serve 300 million customers across its markets. The announcement was made by MTN Group President and CEO Ralph Mupita during the company’s annual Ambassadors Appreciation Dinner, held on October 16, 2025, in South Africa. The gathering brought together African diplomats, senior government officials, and CEOs from across MTN’s operations, alongside members of the Group Executive Committee, to celebrate…
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