The Big Story

Aga Khan Fund Exits Troubled Nation Media Group After 66 Years, Sells Controlling Stake to Tanzanian Billionaire

Paul MurungiThe Big StoryMarch 10, 2026March 14, 2026

The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its controlling stake in Nation Media Group (NMG), bringing to a close a 66-year partnership that helped…

Kenya, Ethiopia and Tanzania Set to Deliver Africa’s Next Wave of Hotel Supply as Global Brands Expand Across East Africa

Muhereza KyamuteteraThe Big StoryMarch 10, 2026March 10, 2026

Eastern Africa is emerging as the continent’s most dynamic hotel development market, with Kenya, Ethiopia and Tanzania set to deliver the next wave of new hospitality supply as global brands…

Modernising General Insurance: SanlamAllianz CEO Ruth Namuli on Building Uganda’s Insurance Powerhouse with Trust, Innovation, and Scale

Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 10, 2026March 10, 2026

Ruth Namuli, Chief Executive Officer of SanlamAllianz General Insurance Uganda, leads the Ugandan arm of Africa’s largest non-banking financial services company.  With over 18 years of experience in the insurance…

Vivo Puts Two Downtown Kampala Shell Stations up for Sale Amid Congestion Concerns

Jeff WintersThe Big StoryMarch 9, 2026March 9, 2026

Vivo Energy has put two of its prime downtown Kampala Shell service stations up for sale. The stations will be sold on a “where is, as is” basis, which signals…

How dfcu Bank Helped Agnes Mbabazi Turn Agrifarm Into a Ugandan Agribusiness Force

Paul Murungi100 Women Fixing UgandaThe Big StoryWomen In LeadershipMarch 8, 2026March 8, 2026

As Uganda celebrates International Women’s Day 2026, Agnes Mbabazi’s success story of building Agrifarm Uganda, an agro-input business, is one of the stories featured in “She Powers Uganda’s Economy —…

Pebuu’s John Paul Ssemyalo: Reimagining Africa’s Agent Banking and Last-Mile Digital Economy for Efficiency and Scale

Muhereza KyamuteteraThe Big StoryMarch 8, 2026March 9, 2026

As agent banking accelerates across Africa, moving trillions of shillings annually and expanding deep into trading centres, border towns, and island communities, the real challenge is no longer access. It…

Standard Chartered Kenya Targets Nakumatt Properties in $14.3 Million Debt Recovery Battle

Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 6, 2026March 6, 2026

Standard Chartered Bank Kenya has issued a statutory notice to Nakumatt Investments, paving the way for the possible auction of several properties linked to the collapsed supermarket chain over loan…

Seven Years After Parliament’s Probe into Controversial Bank Closures and Two More Failures Later: Has Bank of Uganda Learnt Anything?

Muhereza KyamuteteraThe Big StoryMarch 6, 2026March 6, 2026

Seven years ago, in February 2019, Parliament launched one of the most consequential investigations ever conducted into Uganda’s financial sector. The probe by the Committee on Commissions, Statutory Authorities and…

Canal+ shuts down loss-making Showmax Streaming Platform

Paul MurungiMedia & CommunicationThe Big StoryMarch 5, 2026March 5, 2026

French media giant Canal+ has decided to shut down Showmax, the streaming platform developed by MultiChoice, after years of mounting losses that underscored the difficulty of building a profitable subscription…

Why Susan Nsibirwa is in the Hot Seat: Inside the Power Struggles and the Economics Reshaping NMG Uganda

Jeff WintersMedia & CommunicationThe Big StoryMarch 5, 2026March 5, 2026

When Susan Nsibirwa took over as managing director of Nation Media Group (NMG) Uganda, she arrived with the promise of a reset. At her first staff address at Hotel Africana,…