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    The Big Story

    The BIG Story

    Ruparelia Group Wins Key Entebbe Land Case, Clearing Path for the New Mega Speke Resort and Convention Centre, Entebbe

    March 19, 2026March 19, 2026 0 Shares
    The High Court of Uganda has delivered a decisive ruling in a long-running land dispute in Kongero, Wakiso District, handing Ruparelia Group’s Speke Hotel 1996 Limited a major legal victory...

    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...

    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
    Francis Kamulegeya pictured across various roles—from corporate leadership to farming and community initiatives—reflecting his transition into impact-driven work in Uganda.
    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...
    Iungo Capital Uganda, Iungo Capital lawsuit, Horn Products Uganda, Mezzanine finance disputes, Mezzanine Lenders in Uganda. Cross-border lending Uganda, Foreign investment disputes in Uganda, Iungo Capital vs Horn Products case, Can foreigners lend in Uganda, SME financing legal issues Uganda, Mezzanine debt legal battles East Africa, Foreign mezzanine lending regulatory risks, Vantage Mezzanine vs Patrick Bitature, Ham vs DTB Uganda case, Roeland Donckers, Birungi Bagenda, Steven Lee,

    Dutch Mezzanine Impact Lender, Iungo Capital Drawn into another “Foreigners Can’t Lend Here” USD 300,000 Dispute with Ugandan Client

    CEO East Africa MagazineThe Big StoryJune 24, 2025June 24, 2025

    In what is fast becoming a familiar script in Uganda’s SME financing space, Dutch-based impact investor Iungo Capital BV has been dragged into a high-stakes commercial dispute over a USD…

    MTN Uganda’s Record Profits Face Uncertain Future Amid Fintech Spin-Off

    Paul MurungiBanking & Financial ServicesThe Big StoryJune 24, 2025June 24, 2025

    MTN in 2024 delivered yet another solid year, cementing its place as Uganda’s most profitable and actively traded listed company. With double-digit revenue growth and record earnings, the telecom giant…

    No Light at the End of the Tunnel: Chaotic Umeme Exit Leaves Investors Guessing In the Dark

    CEO ReporterLegal & JusticeThe Big StoryJune 24, 2025June 24, 2025

    Umeme Limited, once the crown jewel of Uganda’s stock market, has left shareholders bewildered and disappointed following a turbulent 2024 marked by a record loss, an unexpected dividend freeze, regulatory…

    Uganda’s Fintech Rivalry: MTN MoMo Pulls Ahead in Size, Airtel Money Scores on Margins

    CEO ReporterThe Big StoryJune 24, 2025June 24, 2025

    In Uganda’s fast-evolving digital financial landscape, two telecom titans—MTN MoMo and Airtel Money—are locked in a high-stakes, trillion-shilling duel. Their battlefield? Mobile money. Their weapons? Revenue, reach, profitability, and performance….

    Insurance Regulatory Authority chief executive officer Ibrahim Lubega Kaddunabi and other stakeholders cut the ribbon during the launch of the Insurance Training College certificate for insurance professionals recently.

    Insurance Training College: A Rare Case of a Financially Disciplined State Enterprise, But Failing on Key Mandates

    CEO East Africa MagazineBanking & Financial ServicesThe Big StoryJune 24, 2025June 23, 2025

    In a rare case of an efficiently managed public institution in Uganda, the Insurance Training College (ITC) emerges as an island of financial discipline in a sea of inefficient state…

    Kiira Motors has signed Letters of Intent with Nigeria for over 3,000 buses and Tanzania for 100 units. But without sufficient production, these deals are nothing more than theoretical lifelines.

    Underwhelming Returns: With a Target of UGX197b, Kiira Motors Only Earned UGX2.3b in the 2023/24 Financial Year, Which is Just 1.2%

    CEO East Africa MagazineBusiness & MarketsNews & AnalysisThe Big StoryJune 23, 2025June 23, 2025

    In Uganda’s long journey toward industrial self-reliance, Kiira Motors Corporation (KMC) stands as a symbol of ambition: a state-owned automaker daring to challenge a global industry from the heart of…

    Uganda Property Holdings sits on a fortune of assets and potential, yet a number of its fundamentals have been declining due to the accumulation of uncollected rent.

    Asset-rich, Efficiency-poor: The Dilemma that Uganda Property Holdings Finds Itself In

    CEO East Africa MagazineReal Estate & ConstructionThe Big StoryJune 23, 2025June 23, 2025

    If Uganda Property Holdings Limited (UPHL) were a building, it would be a grand structure – spacious, magnificent on the outside, and centrally located. But get in and you notice…

    Liberty to Exit Health Insurance Business in Uganda by 2026

    Paul MurungiBanking & Financial ServicesThe Big StoryJune 22, 2025June 22, 2025

    Liberty Life Assurance Uganda has announced a phased withdrawal from its health insurance business in Uganda, signaling a major realignment of its business priorities in East Africa. The development follows…

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    Yasser K. Ahmed, the Lebanese Billionaire Behind Riham &  Biplous, Buys Lugogo Mall

    CEO East Africa MagazineThe Big StoryJune 20, 2025June 21, 2025

    In one of Uganda’s most recent consequential commercial real estate deals Yasser K. Ahmed—the Lebanese billionaire investor behind top Ugandan brands Riham and Biplous—has acquired the iconic Lugogo Mall, previously…

    Airtel Uganda Pays UGX 50.3 billion Dividend to NSSF

    Paul MurungiCompany NewsThe Big StoryJune 20, 2025June 20, 2025

    Airtel Uganda, a leading provider of telecommunications and mobile money services, today presented a dividend cheque of UGX 50.3 billion to the National Social Security Fund (NSSF). This significant payout follows…

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