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April 11, 2026
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    The Big Story

    The BIG Story

    Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

    April 11, 2026April 11, 2026 0 Shares
    The Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly...

    Strong Vote of Confidence: Mbire Reappointed MTN Uganda Chairman

    April 10, 2026April 10, 2026 0 Shares
    Shareholders of MTN Uganda have overwhelmingly endorsed Charles Mbire for another term as Board Chairman, reaffirming confidence in his leadership during the company’s Annual General Meeting (AGM) on Friday Morning.  ...

    Unresolved Commercial Disputes Climb to UGX 3.5 Trillion as Chief Justice Zeija and BoU Governor Atingi-Ego Push for ADR

    April 10, 2026April 10, 2026 0 Shares
    At least UGX 3.5 trillion is currently locked in unresolved commercial disputes within Uganda’s court system—capital that cannot be reinvested, circulated, or deployed productively in the economy. That stark reality...

    Kenya’s High Court Clears Path for KSh 300 Billion Asahi–Diageo Deal Despite Ongoing Distribution Dispute

    April 10, 2026April 10, 2026 0 Shares
    The High Court has removed a key legal hurdle standing in the way of one of East Africa’s largest corporate transactions, dismissing an application that sought to block Diageo’s planned...

    Nigeria’s Zenith Bank Acquires Kenya’s Paramount Bank as Profits Hit ₦1.04 Trillion

    April 9, 2026 0 Shares
    Nigeria’s Zenith Bank Plc has acquired 100 percent shareholding of Kenya’s Paramount Bank Limited, marking a significant expansion of the West African lender into East Africa’s banking sector. The Central...

    Uganda Receives 8 U.S Deportees under Safe Third Country Agreement

    Paul MurungiGlobal NewsPolitics & GovermentThe Big StoryApril 3, 2026

    Uganda has received eight individuals deported from the United States under a bilateral Safe Third Country Agreement signed between the two governments, marking the first implementation of the arrangement since…

    The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation

    Kisakye ImaniThe Big StoryApril 2, 2026April 2, 2026

    Nina Interiors founder, Alice Karugaba, did not set out to build a furniture empire. She was a mother trying to make ends meet, learning to bake, selling buns to colleagues,…

    Bamburi Cement Appoints Ugandan Executive Geoffrey Ndugwa as CEO, Succeeds Mohit Kapoor

    Paul MurungiThe Big StoryApril 2, 2026April 3, 2026

    Bamburi Cement, a major cement and concrete manufacturer in Kenya, has appointed Ugandan executive Geoffrey Ndugwa as its new Chief Executive Officer, ushering in a leadership transition that underscores both…

    Customers withdraw cash from an ATM, a routine transaction at the center of policy debate after government dropped plans to introduce a tax on all cash withdrawals.

    Govt Abandons Plan to Tax all Cash Withdrawals

    Jeff WintersThe Big StoryApril 2, 2026April 2, 2026

    Government has abandoned a proposed 0.25% excise duty on cash withdrawals from the financial system. The proposal, initially fronted under the 2026/27 Revenue Enhancement and Compliance Measures, was part of…

    World Bank Ready to Fund Standard Gauge Railway Following Talks with President Museveni

    Paul MurungiEast AfricaThe Big StoryTransport & LogisticsApril 1, 2026April 2, 2026

    The World Bank has pledged financial support for Uganda’s long-anticipated Standard Gauge Railway (SGR) project following high-level discussions with President Museveni at State Lodge, Nakasero. The financial pledge adds fresh…

    New Reporting Standards Sink FINCA Uganda into UGX 665 million Loss from UGX 4.9 billion Profit

    Paul MurungiThe Big StoryApril 1, 2026April 3, 2026

    FINCA Uganda Managing Director James Onyutta is facing a challenging year ahead after the microfinance deposit-taking institution slipped into red, posting a net loss of UGX 662.24 million for the…

    Shashi Dhar Drives Bank of Baroda Uganda Profit to UGX 156.8 Billion After Three Years of Strong Growth

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryApril 1, 2026April 1, 2026

    Bank of Baroda Uganda has reported a 17.1 percent increase in profit after tax to UGX 156.84 billion in 2025, up from UGX 133.95 billion in 2024, underscoring a period…

    Africa Takes The Stage: From Raw Supply To Brand Ownership

    CEO East Africa MagazineEconomy & PolicyGlobal NewsThe Big StoryThought LeadershipMarch 31, 2026April 1, 2026

    By Helen McIntee-Carlisle– President of African Marketing Confederation For decades, the narrative of African trade was written by others. The continent was primarily a supplier of commodities – the ingredients…

    Uganda Fuel Stocks to Last Until End of April, Government Assures Amid Global Oil Crisis

    Paul MurungiEnergy, Oil & GasThe Big StoryMarch 31, 2026March 31, 2026

    The Government of Uganda has sought to reassure the public over fuel availability, stating that the country has sufficient petroleum stocks to last until the end of April 2026, even…

    The Smartphone Tax Trap: Is Uganda Pricing Millions Out of the Digital Economy?

    Paul MurungiTechnology & InnovationThe Big StoryMarch 31, 2026April 9, 2026

    Uganda has spent years talking about digital transformation. It has built strategies around it, launched platforms around it, and anchored part of its long-term economic future on it.  But for…

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