The Big Story

High Court Finds Entebbe Mayor Fabrice Rulinda Mired in Gold-Related Money Laundering Controversy

Muhereza KyamuteteraThe Big StoryMarch 16, 2026March 16, 2026

A High Court ruling has drawn Entebbe Mayor Fabrice Brad Rulinda into a complex international gold transaction that the court concluded bore the hallmarks of money laundering linked to illicit…

Several Land Titles Created on Namanve Industrial Park Land Cancelled

Jeff WintersThe Big StoryMarch 16, 2026March 16, 2026

The Ministry of Lands has ordered the cancellation of several land titles that were created on land belonging to the Uganda Investment Authority (UIA). The move, government says, is part…

A Tax on Opportunity: Why Entry-Level Smartphones Could Unlock Uganda’s Next Wave of Economic Growth

Muhereza KyamuteteraThe Big StoryMarch 16, 2026March 16, 2026

Uganda stands today at a pivotal economic crossroads today. On the one hand, the country has set itself an ambitious development trajectory. Through its Tenfold Growth Strategy and the upcoming…

The Bancassurance Surge: Are Banks Quietly Eating Insurance Brokers’ Bread?

Muhereza KyamuteteraBusiness & MarketsInsuranceThe Big StoryMarch 16, 2026March 16, 2026

I recently walked into an Absa Bank branch in Lugogo for what was supposed to be a routine business conversation. While I waited, a pleasant, smooth-talking lady approached me with…

Equity Bank Rwanda Hit by Fraud, Months After Group CEO, James Mwangi’s Integrity Crackdown

CEO East Africa MagazineCompany NewsNews & AnalysisThe Big StoryMarch 15, 2026March 15, 2026

Hardly a few months after Equity Group CEO Dr. James Mwangi declared that the bank had purged “wrong elements” from its ranks in a sweeping integrity crackdown across the regional…

Uganda, Tanzania Move to Eliminate Trade Barriers in Bid to Correct UGX 9 Trillion Trade Imbalance

Brian EmorutBusiness & MarketsEast AfricaThe Big StoryMarch 15, 2026March 15, 2026

Uganda and Tanzania have agreed to eliminate all outstanding non-tariff barriers, a move intended to fix a trade relationship currently weighed down by a 9 trillion shilling ($2.4 billion) imbalance….

Deal Makers: Meet Deloitte Advisors Behind Absa’s Acquisition of StanChart’s Wealth and Retail Business in Uganda

Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 15, 2026March 15, 2026

In a transaction set to reshape Uganda’s banking landscape, Absa Bank Uganda signed an agreement in October last year to acquire the Wealth and Retail Banking (WRB) business of Standard…

MTN vs Airtel: Balance Sheet Strength Meets Earnings Momentum in the Race to Win the Telecom Market

Jeff WintersThe Big StoryMarch 14, 2026March 14, 2026

Uganda’s telecom sector is increasingly defined by a two-horse race between MTN and Airtel. Both companies are growing strongly, benefiting from rising smartphone adoption, data usage, and mobile money transactions….

Kenya Shilling Holds Firm as Remittances Rise and Markets Show Mixed Signals – Central Bank Report

CEO East Africa MagazineThe Big StoryMarch 14, 2026March 14, 2026

Kenya’s financial markets displayed a mix of resilience and caution during the week ending March 12, with the Kenya Shilling holding steady against major currencies. Remittances continued to rise, and…

Five Years of Ambition: MTN Caps Strategy Cycle With Strong Growth

Muhereza KyamuteteraThe Big StoryMarch 13, 2026March 13, 2026

MTN Uganda has closed the final year of its Ambition 2025 strategy with strong financial and operational performance, underscoring the success of the telecom giant’s five-year push to transform from…