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    The Big Story

    The BIG Story

    Equity Bank Rwanda headquarters in Kigali and Managing Director Hannington Namara. Authorities in Uganda have arrested six suspects linked to a cross-border digital fraud targeting the bank, as investigations into the multi-million-dollar heist continue.

    6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

    March 22, 2026March 22, 2026 0 Shares
    Six Ugandans have been arrested and are set to be arraigned in court on March 23, 2026 in connection with a cross-border digital fraud scheme targeting Equity Bank Rwanda, marking...

    Why April–June is Known as the Transfer Window in Uganda’s Banking Industry

    March 22, 2026March 22, 2026 0 Shares
    Every year, almost like clockwork, a quiet but consequential shift begins to take shape across the banking sector. It is neither announced nor formally recognized, yet it is deeply understood...

    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
    From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.
    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,...

    Ugandans among 10 global innovators selected for Young Inventors Prize in Iceland

    Paul MurungiGlobal NewsNews & AnalysisThe Big StoryMay 9, 2025May 9, 2025

    The European Patent Office (EPO) has selected two Ugandans as part of the top 10 global innovators for the first standalone edition of the Young Inventors Prize 2025.  Sandra Namboozo…

    Who is David Wandera, the newly appointed Managing Director of Absa Bank Uganda?

    Paul MurungiThe Big StoryMay 8, 2025May 8, 2025

    Absa Bank Uganda has announced the appointment of David Wandera as its new Managing Director, effective 5 May, 2025, following regulatory approval from the Bank of Uganda. He succeeds Mumba…

    Do You Want to Change Your Brand Fortunes via LinkedIn? Here’s Why Nelly Ndonye is the Person to Turn Left To

    CEO East Africa MagazineThe Big StoryMay 8, 2025May 8, 2025

    In an age where digital visibility, talent attraction, and thought leadership are defining business competitiveness, LinkedIn has become an essential platform—particularly for B2B brands and organisations in fast-evolving African markets….

    MTN Uganda reports UGX 181 billion profit after tax in first quarter of 2025

    Paul MurungiNews & AnalysisTechnology & InnovationThe Big StoryMay 7, 2025May 7, 2025

    MTN Uganda has announced a profit after tax (PAT) of UGX 181 billion for the first quarter ended March 31, 2025, representing a 20.6% year-on-year increase from UGX 150 billion…

    Mrs Mary Oduka-Ochan – living a legacy of transforming sectors

    Kisakye ImaniThe Big StoryMay 7, 2025May 7, 2025

    Mrs Mary Oduka-Ochan has had an illustrious career, spanning various roles from marketing to social development. And throughout the years, she has made a mark and continues to do so….

    President Museveni, Dr & Mrs Sudhir Ruparelia Lead Nation in Mourning Rajiv Ruparelia

    Muhereza KyamuteteraThe Big StoryMay 7, 2025May 7, 2025

    The nation is in mourning following the untimely death of Rajiv Ruparelia, the 35-year-old son of business magnate Dr. Sudhir Ruparelia and a prominent entrepreneur in his own right. Rajiv…

    Q&A With Pegasus Technologies’ Azairwe: Innovation, Integrity, and the Fight for Fair Play in Fintech

    Muhereza KyamuteteraThe Big StoryMay 6, 2025May 6, 2025

    Let’s begin with a foundational understanding—what exactly is Pegasus Technologies, what inspired its creation, and how has its role in Uganda’s financial technology ecosystem evolved over the years? Pegasus is…

    Tax Tribunal Orders URA to Refund UGX 9.1 billion to East Africa Marine Transport Company Limited 

    Paul MurungiThe Big StoryMay 5, 2025May 5, 2025

    The Tax Appeals Tribunal has ordered the Uganda Revenue Authority (URA) to refund over USD 2.5 million (UGX 9.1 billion) to East Africa Marine Transport Company Limited (EAMT).  The ruling,…

    Airtel Africa partners with Starlink to expand high-speed satellite internet in nine countries

    Paul MurungiGlobal NewsNews & AnalysisThe Big StoryMay 5, 2025May 5, 2025

    Airtel Africa has struck a deal with SpaceX to bring Starlink’s high-speed satellite internet to its 14-country footprint with the agreement set to initially focus on nine countries.  Currently, SpaceX…

    Fintechs shaping Uganda’s financial operations and inclusion

    Kisakye ImaniThe Big StoryMay 5, 2025May 9, 2025

    If there is one sector that is experiencing a continuous revolution, it is financial technology (Fintech). The sector seems to be in constant motion, transforming how businesses and people transact,…

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