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    The Big Story

    The BIG Story

    Stanbic, Absa and Centenary Control Nearly Half of Uganda’s Bancassurance Market as Premiums Top UGX 302 Billion

    March 13, 2026March 13, 2026 0 Shares
    The bancassurance market is increasingly consolidating around a small group of dominant lenders, with Stanbic, Absa and Centenary emerging as the leading distributors of insurance through banking channels. The Insurance...

    Insurance Premiums Hit UGX 2.03 Trillion as Jubilee and Prudential Lead Life, SanlamAllianz and Old Mutual Dominate Non-Life

    March 13, 2026March 13, 2026 0 Shares
    The insurance industry closed the fourth quarter of 2025 with gross written premiums of UGX 2.02 trillion, representing a 14.8% growth from UGX 1.76 trillion in the same period of...

    Tanzanian Executive Justin Mollel Named Incoming EABL Group Chief Financial Officer

    March 12, 2026March 12, 2026 0 Shares
    East African Breweries Limited (EABL) has appointed Justin Mollel, a Tanzanian national and former Finance Director of Serengeti Breweries Limited, as the company’s incoming Group Chief Financial Officer (CFO). In...

    Inside the Balance Sheet: CFO Doreen Kyomugisha on Building Capital Strength and Financial Discipline at SanlamAllianz General Uganda

    March 12, 2026March 12, 2026 0 Shares
    Doreen Kyomugisha leads the finance function at SanlamAllianz General Insurance Uganda as Chief Financial Officer, helping steer one of the country’s most significant insurance integrations following the merger between Sanlam...

    Dutch Development Bank FMO Extends USD 20 Million Facility to I&M Bank Uganda to Boost SME Financing

    March 12, 2026March 12, 2026 0 Shares
    FMO Co-Chief Investment Officer Huib-Jan de Ruijter (left) and I&M Bank Uganda CEO Robin Bairstow sign the Memorandum of Understanding following the announcement of a USD 20 million financing partnership. Standing behind them (left–right) are Natalie den Breugom, Deputy Director for Sustainable Economic Development at the Dutch Ministry of Foreign Affairs; Faith Kathambi, Investment Officer – Financial Institutions at FMO; René Idzenga, Head of State-Owned Enterprises at the Dutch Ministry of Finance; and Nadia Mindra, Head of Treasury at I&M Bank Uganda.
     Financing Company for Development (FMO), the Dutch Entrepreneurial Development Bank, has extended a USD 20 million senior unsecured facility to I&M Bank (Uganda) Limited to support lending to small and...
    Letshego Uganda 20th Anniversary – Giles Aijukwe with partners, customers, and community members showcasing two decades of financial inclusion, affordable credit, and digital innovation for underserved markets.

    20 Years, Millions of Lives Changed – The Letshego Uganda Story

    CEO East Africa MagazineBusiness & MarketsThe Big StorySeptember 12, 2025September 12, 2025

    For two decades, Letshego Uganda has been more than a lender; it has been a partner in possibility. Since its entry in 2005, the institution has grown from a niche…

    From Fruit Salads to a Meat Empire: How Diana Nabukenya Adeyemi Built Yo Nyama into a Halal Powerhouse

    Kisakye ImaniThe Big StorySeptember 11, 2025September 12, 2025

    From losing her entire herd overnight to building one of Uganda’s fastest-growing meat brands, Diana Nabukenya Adeyemi’s journey is a testament to resilience, vision, and the power of value addition….

    NSSF’s 2024/25 Annual Performance at a glance — Assets Under Management rose 17.5% to UGX 26 trillion, total revenue grew 11% to UGX 3.52 trillion, and the Fund achieved record efficiency with a cost-to-income ratio of 7.9% and cost of administration at 0.88%. Member contributions reached UGX 2.13 trillion, benefits paid increased to UGX 1.32 trillion, voluntary Smartlife Flexi savings hit UGX 27 billion, and customer satisfaction stood at 88%.

    NSSF 2024/25 PERFORMANCE: Ayota Doubles Down on Trust, Sustains Two Years of Rapid Growth

    Muhereza KyamuteteraThe Big StorySeptember 11, 2025September 11, 2025

    When Patrick Michael Ayota was appointed Acting Managing Director of the National Social Security Fund (NSSF) in December 2022, he stepped into an institution in the midst of a politically…

    (Left to right): Stanbic’s Executive Director and Head, Personal & Private Banking, Samuel F. Mwogeza, Head of Wealth and Investment, Bernice Mvano, Head of Personal Banking, Israel Arinaitwe and Head of Private Banking, Arthur Kiwanuka. The team is reshaping how families think about money, legacy, and the futures yet to be written.

    Building Generational Wealth: Inside Stanbic’s Personal & Private Banking Transformation

    Paul MurungiThe Big StorySeptember 11, 2025September 16, 2025

    In a fast-changing Uganda, the definition of wealth is shifting. It’s no longer just about today’s comfort — it’s about building legacies that last. Across the country, more people are…

    Gold earnings, according to data from Bank of Uganda had in the five years to June 2014 averaged at $4.7 million annually, but have since surged to $4.2 billion.

    Gold Export Story: A Decade of Boom, Surge to a $4.2 Billion Forex Earner and How it Has Become One of Uganda’s Most Important Resource

    CEO East Africa MagazineThe Big StorySeptember 10, 2025September 16, 2025

    For the past decade, gold has quietly emerged as Uganda’s single largest export earner, reshaping the country’s trade profile and foreign exchange inflows. But the journey has been anything but…

    Vincent Bolloré’s acquisition of MultiChoice Group, which owns DStv, GOtv, Showmax, and SuperSport, among others, is a strategic move that aligns with his control over media platforms across Africa.

    Who Is Vincent Bolloré? The French Billionaire Behind MultiChoice Takeover

    CEO East Africa MagazineThe Big StorySeptember 9, 2025September 16, 2025

    Vincent Bolloré, born in 1952 in Boulogne-Billancourt, France, inherited and transformed his family’s modest paper-manufacturing business into a sprawling, multinational conglomerate.  Under his leadership, Bolloré Group expanded into diverse sectors,…

    The public will have 14 days within which they will provide views on the latest step in a transaction that has been making headlines across Africa since South Africa’s Competition Tribunal approved the acquisition of MultiChoice Group by Groupe Canal+ in July.

    Canal+’s $3 Billion Takeover of MultiChoice Faces Regulatory Review in Uganda

    CEO East Africa MagazineThe Big StorySeptember 9, 2025September 16, 2025

    Ugandans will determine whether French media giant Groupe Canal+ effectively completes the takeover of South Africa’s MultiChoice and GOTV in Uganda. The move is part of a larger acquisition in…

    Q&A With Yogi Biriggwa On Rebuilding the Uganda Tourism Association (UTA): A Year of Renewed Purpose, Repositioning and Progress 

    Muhereza KyamuteteraCompany NewsThe Big StoryWomen In LeadershipSeptember 9, 2025September 9, 2025

    Q: Madam President, one year in — how would you describe the journey so far? A: It has been a deeply purposeful and rewarding journey. When we took office in…

    The rise in the number of elderly Ugandans has been due to a rising life expectance, which according to the 2024 Population and Housing Census, rose to 68.5 years from 63.7 years in 2014.

    Silver Lining: Why Eldercare Could Be Uganda’s Next Big Growth Frontier

    CEO East Africa MagazineThe Big StorySeptember 8, 2025September 8, 2025

    Uganda is traditionally viewed as one of the world’s youngest nations, with nearly half the population under 18. Yet behind this youthful imagery lies a silent demographic shift: the number…

    Stanbic Bank Uganda’s Home Loans Manager stands with Universal Properties CEO Zoeb Yeolawala during the launch of the bank’s mortgage solution.

    Stanbic Under Spotlight for Mortgage Partnership with Developer Flagged by IGG for Unsafe, Substandard Housing

    CEO East Africa MagazineThe Big StorySeptember 8, 2025September 8, 2025

    For most working Ugandans, the dream of owning a decent home remains just that—a dream. With soaring construction costs, high interest rates, and a complex mortgage application process, many lower-middle-class…

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