The Big Story

Building Financial Resilience: How CFO Arnold Ainebyona Is Positioning SanlamAllianz Life for Growth and Capital Strength

Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 13, 2026March 13, 2026

As the global insurance giants Sanlam and Allianz deepen their partnership across Africa, Uganda’s life insurance sector is entering a new phase of strategic alignment, capital strength and governance discipline. …

“We Want to Be the Bank of Choice for Economic Development”: Saviour Chibiya on Absa’s Strategic Bet on East Africa 

Muhereza KyamuteteraThe Big StoryMarch 13, 2026March 13, 2026

Over the past year, Absa Group has been hard to miss in East Africa. From boardroom visits and executive engagements to high-profile financing deals and infrastructure transactions, the bank has…

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

Paul MurungiBanking & Financial ServicesInsuranceThe Big StoryMarch 13, 2026March 13, 2026

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

Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 13, 2026March 13, 2026

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

CEO East Africa MagazineThe Big StoryMarch 12, 2026March 12, 2026

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

Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 12, 2026March 12, 2026

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

Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryMarch 12, 2026March 12, 2026

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…

Could Museveni’s Election as EAC Chair Renew Push for Accelerated East African Integration?

Brian EmorutLeadership & GovernancePolitics & GovermentThe Big StoryMarch 11, 2026March 11, 2026

President Yoweri Kaguta Museveni’s election as chairperson of the East African Community (EAC) Summit of Heads of State could revive efforts to accelerate regional integration at a time when trade…

From Trainee to CEO: Alexander Mukasa’s Vision for the Next Chapter of SanlamAllianz Life Uganda

Paul MurungiThe Big StoryMarch 11, 2026March 11, 2026

Alexander Mukasa leads SanlamAllianz Life Insurance Uganda as Chief Executive Officer, guiding the life insurance arm of Africa’s largest non-banking financial services partnership at a pivotal moment for Uganda’s insurance…

Who Is Rostam Azizi, the Tanzanian Billionaire Set to Take Control of Nation Media Group?

Paul MurungiMedia & CommunicationThe Big StoryMarch 11, 2026March 11, 2026

Tanzanian billionaire businessman Rostam Abdulrasul Azizi is set to become the new majority shareholder of Nation Media Group (NMG) after agreeing to acquire the controlling stake of 54.08% previously held…