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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...

    FinCom Technologies Empowers Parents with SchoolPay School Fees Savings Campaign

    Kisakye ImaniSponsored ContentThe Big StoryNovember 17, 2025November 17, 2025

    FinCom Technologies has launched the SchoolPay School Fees Savings Campaign. The initiative is designed to help parents manage school fees more efficiently and ensure that no child misses school due…

    Tatenda Nigel Chinodakufa warns that Africa’s fintech boom faces unprecedented AI-driven fraud, urging continuous, intelligence-powered verification to protect growth in a digital era where even faces can lie.

    When Faces Lie: Tatenda Chinodakufa on Fighting AI Fraud in Africa’s Digital Boom

    Jeff WintersTechnology & InnovationThe Big StoryNovember 16, 2025November 16, 2025

    Tatenda Nigel Chinodakufa is often described as “the man helping Africa’s fintechs grow without stepping on regulatory landmines.” As Regional Business Development Director at Sumsub, a technology firm specializing in…

    The PPDA Tribunal has cancelled UETCL’s UGX 13 billion legal services award for the Umeme arbitration, citing flawed evaluation and illegal price changes, and ordering a full re-evaluation of all bids.

    Ligomarc-Umeme Arbitration Legal Services Award Set Aside as Tribunal Faults UETCL on Staff Verification and Pricing in UGX 13 Billion Dispute  

    Muhereza KyamuteteraThe Big StoryNovember 15, 2025November 15, 2025

    The Public Procurement and Disposal of Public Assets (PPDA) Appeals Tribunal has overturned a multi-billion-shilling contract award issued by Uganda Electricity Transmission Company Limited (UETCL). It did so after finding…

    Balancing Numbers and People: Inside the Leadership Mind of NSSF’s Stevens Mwanje

    Kisakye ImaniBanking & Financial ServicesCEO PerspectivesThe Big StoryNovember 14, 2025November 15, 2025

    To understand Stevens Mwanje is to understand the balance between numbers and humanity. A finance professional of 30 years, Mwanje has built a career defined by quiet discipline, strategic clarity,…

    Lloyds Forex Bureau Shuts Down After Nearly 30 Years in Uganda’s Foreign Exchange Market, Bank of Uganda Confirms

    Paul MurungiBanking & Financial ServicesThe Big StoryNovember 14, 2025November 14, 2025

    Lloyds Forex Bureau, one of Kampala’s longest-standing foreign exchange and remittance operators, has formally exited the market after voluntarily ceasing operations, the Bank of Uganda (BoU) has announced. In a…

    Standard Bank Group’s Cairo debut signals a bold North African expansion, boosting investment links between Egypt, the Middle East, and sub-Saharan Africa while setting the stage for a future full banking presence.

    Standard Bank Group Enters Egypt, Expands its pan-African Footprint

    CEO East Africa MagazineBanking & Financial ServicesThe Big StoryNovember 14, 2025November 17, 2025

    Standard Bank Group, Africa’s largest lender by assets, has officially entered the Egyptian market, opening a representative office in Cairo. The move marks one of the bank’s most significant North…

    A Photo collage of NRM’s Yoweri Kaguta Museveni, NUP’s Robert Kyagulanyi, and FDC’s Nandala Mafabi. Uganda enters election season with big promises, but the real test is whether manifestos align with NDP IV and the 10x10 strategy—now the nation’s roadmap for disciplined, transformative economic growth.

    Manifestos vs Vision: Do Presidential Candidates Align with the 10x Growth Strategy?

    Jeff WintersThe Big StoryNovember 13, 2025November 17, 2025

    Every election season in Uganda blooms with promises of transformation. Candidates unfurl manifestos brimming with pledges to create jobs, industrialize, end poverty, and modernize agriculture. Yet beneath the familiar rhetoric…

    Once a vital drainage artery of Kampala, the Nakivubo Channel has become a tragic symbol of urban neglect. Buildings encroach, wetlands vanish, and rainstorms now trigger deadly floods. The city’s clogged lifeline floods again, reminding us that infrastructure failure and environmental collapse walk hand-in-hand.

    EDITORIAL: Banks Are Our Last Line of Defence – Will They Stop Financing Uganda’s Environmental Collapse?

    Editorial, CEO East AfricaBanking & Financial ServicesThe Big StoryNovember 13, 2025November 17, 2025

    When Uganda’s capital city floods, it is often framed as a natural disaster. The skies open up in fury, the drains overflow, and Kampala drowns under its own chaos. But…

    SanlamAllianz Sets Sail in Uganda: A New Powerhouse Redefining the Insurance Landscape

    Paul MurungiBanking & Financial ServicesThe Big StoryNovember 12, 2025November 12, 2025

    A new chapter has opened in Uganda’s insurance story. It’s one defined by ambition, scale, and a bold reimagining of what financial security can mean for millions of Ugandans.  At…

    Robert Kirunda — lawyer, scholar, and reformer — stands at the intersection of law, technology, and integrity, championing a new generation of ethical, tech-savvy, and globally competitive Ugandan lawyers while building a future-ready firm rooted in faith, innovation, and purpose.

    Building Africa’s Most Forward-Thinking Law Firm: Uganda’s Robert Kirunda on Vision, Technology, and the Future of Legal Practice

    Muhereza KyamuteteraExecutive ProfilesThe Big StoryNovember 11, 2025November 21, 2025

    Set to graduate with his PhD in Commercial Law from the University of Cape Town next March, Kirunda is also a double Master of Laws graduate — LLM in Law,…

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