The Big Story

NSSF Projects UGX 3 Trillion in Income, UGX 25 Trillion in Assets at Close of Financial Year

Paul MurungiBanking & Financial ServicesThe Big StoryJune 20, 2025June 20, 2025

The National Social Security Fund (NSSF) is projecting robust performance at the close of the Financial Year 2024/25, with income expected to reach UGX 3 trillion and assets under management…

Is Nile Hotel Sitting on Gold but Mining Dust?

CEO East Africa MagazineHospitality & TourismLifestyleThe Big StoryThe Executive TravelerJune 20, 2025June 21, 2025

Nile Hotel International, a government-owned company that holds valuable land and buildings mostly for leasing purposes – including the spot where the five-star Kampala Serena Hotel sits — is making…

UBC Audit: A Sound Balance Sheet Masking Structural Fatigue

CEO East Africa MagazineTechnology & InnovationThe Big StoryJune 20, 2025June 21, 2025

On paper, Uganda Broadcasting Corporation (UBC) is financially sound. Yet, a deeper analysis of Auditor General Edward Akol’s report for the 12 months to June 2024 reveals a troubled national…

Intact on Paper, yet Vulnerable: Audit reveals New Vision’s slow-burning financial strain

CEO East Africa MagazineTechnology & InnovationThe Big StoryJune 20, 2025June 21, 2025

New Vision Printing and Publishing Company Limited remains profitable, solvent, and fully compliant, according to the Auditor General’s 2024 report. Whereas Auditor General Edward Akol gives the media conglomerate a…

Uganda Wins Bid to Host 2025 UNESCO Africa Engineering Week and Conference at Speke Resort Convention Centre

Muhereza KyamuteteraHospitality & TourismSponsored ContentThe Big StoryJune 20, 2025June 20, 2025

Uganda has secured the bid to host the 2025 UNESCO Africa Engineering Week and Conference at the state-of-the-art Speke Resort Convention Centre (SRCC), a landmark venue that has rapidly positioned…

Audit Exposes Gaps in Financial Intelligence Authority: UGX 31.2 billion Spent, But Key Mandates Missed

Paul MurungiBanking & Financial ServicesThe Big StoryJune 19, 2025June 21, 2025

Beneath the spotless surface of a perfectly balanced budget, the Financial Intelligence Authority (FIA) is grappling with deeper issues of missed targets, shifting priorities, and implementation failures, an audit report…

Audit Exposes Deep Cracks in Microfinance Support Centre’s Lending and Performance Strategy

Paul MurungiBanking & Financial ServicesThe Big StoryJune 18, 2025June 21, 2025

A damning audit into the operations of the Microfinance Support Centre Limited (MSCL) reveals a sobering trail of missed targets, poor loan recovery, underutilised funds, and a ballooning portfolio of…

Could Musa Mageere be Preparing to Take Over the Reins at Luuka Plastics?

Kisakye ImaniThe Big StoryJune 17, 2025June 18, 2025

For almost two decades now, Musa Mageere, his social media profiles indicate, has worked at Luuka Plastics, steadily rising ranks from a production trainee to executive director. His rise has…

LAST DAYS: How UMRA Failed Uganda’s Most Vulnerable Borrowers

Paul MurungiBanking & Financial ServicesThe Big StoryJune 17, 2025June 21, 2025

As the sun prepares to set on the Uganda Microfinance Regulatory Authority (UMRA), a withering report by the Auditor General lays bare a sobering truth.  In just 12 months before…

Spinning off value? MoMo’s exit tests MTNU’s shareholder promise

CEO East Africa MagazineBanking & Financial ServicesGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryJune 17, 2025June 17, 2025

Uganda’s biggest Fintech, MTN Mobile Money (MoMo), is moving out of the family home. Long treated as just another product line within the telecom’s machinery, MoMo is being carved out…