The Big Story

Uganda’s Banks in 2024: Profits Surge, Giants Hold Ground, and Mid-Tier Challengers Rise

Muhereza KyamuteteraBusiness & MarketsThe Big StoryMay 5, 2025May 5, 2025

Uganda’s banking industry closed 2024 on a notably stronger footing, driven by robust asset expansion, a resurgence in profitability, and intensified market competition. For the first time in over a…

Vertical Living: Why Ugandans have been slow to embrace the condominium buzz

Trevor LutaloBusiness & MarketsReal Estate & ConstructionThe Big StoryMay 5, 2025May 5, 2025

Kampala’s real estate landscape is dotted with burgeoning outlines of condominium developments, promising a modern, amenity-rich lifestyle.  Adverts flood social media feeds and billboards with a promise of “affordable” two-bedroom…

DR Congo becomes 5th East African country to approve Starlink internet operations

Paul MurungiGlobal NewsNews & AnalysisThe Big StoryMay 4, 2025May 4, 2025

The Democratic Republic of Congo (DRC) has become the fifth East African member state to officially authorise Starlink to operate as an internet service provider in the country, marking a…

OBITUARY: Rajiv Ruparelia (1990–2025)— A Visionary Business Leader, Philanthropist, Sportsman and Champion of Youth and Education

CEO East Africa MagazineThe Big StoryMay 3, 2025May 4, 2025

Rajiv Ruparelia, a businessman in his own right and son of billionaire businessman Dr. Sudhir Ruparelia, has died. He passed on today, in the early hours of Saturday, May 3,…

Grace Muliisa Leads Ecobank Uganda’s Turnaround as 2024 Profits Hit UGX10.8 Billion

Muhereza KyamuteteraThe Big StoryMay 2, 2025May 2, 2025

Ecobank Uganda has released its 2024 results, showing a remarkable increase in lending, a cleaner loan book, leading to increased revenues and profits — consolidating a turnaround that began under…

Landmark Ruling: Threeways Shipping Directors Acquitted in 13-Year MTN Fraud Case

Muhereza KyamuteteraThe Big StoryApril 30, 2025April 30, 2025

The two founding Directors of Regional logistics company Threeways Shipping Services(Group) Ltd secured a landmark ruling against telecom service provider MTN in a criminal case that has dragged on for…

I&M Bank Uganda’s assets cross UGX 1 trillion as Robin Bairstow’s first full year delivers UGX20.3 bn profit

CEO East Africa MagazineThe Big StoryApril 30, 2025April 30, 2025

I&M Bank Uganda has crossed a historic milestone. For the first time, the Bank’s assets have exceeded the UGX 1 trillion mark, closing at UGX 1.1 trillion at the end…

Museveni gives greenlight to Elon Musk’s Starlink internet launch in Uganda

Paul MurungiGlobal NewsNews & AnalysisThe Big StoryApril 29, 2025April 30, 2025

President Museveni has endorsed the entry of Starlink satellite internet in Uganda after meeting with Elon Musk’s Starlink representatives including, Ben MacWilliams, the Global Licensing & Activation Manager and Brandi…

Journey to the Boardroom: Meet Ugandan Executives Daring to Walk in the Footsteps of Martin Aliker, Strive Masiyiwa, Japheth Kato and other governance gurus. 

Muhereza KyamuteteraThe Big StoryApril 29, 2025April 29, 2025

Every good business is as good as its board. Behind every thriving organisation are leaders who not only understand strategy but embody integrity, vision, and resilience. Yet for too long,…

Uganda’s Centenary Bank Delivers Strong 2024; Net Profit Reaches a Record UGX342.3 billion

Muhereza KyamuteteraThe Big StoryApril 28, 2025April 28, 2025

Centenary Bank Uganda capped off 2024 with another year of impressive financial and operational growth, reinforcing its position as a market leader in financial inclusion and sustainable banking. The Bank…