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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,...

    Guaranty Trust Bank Sees Key Declines And First Loss In 5 Years In Its First Year As Tier II Institution

    CEO East Africa MagazineThe Big StoryApril 27, 2025April 27, 2025

    Guaranty Trust Bank (Uganda) Limited has reported its first loss in over five years, highlighting the difficult transition it is facing after downgrading to a Tier II Credit Institution in…

    Uganda’s Opportunity Bank Remains Resilient and Profitable Even After Downgrading to Tier II Credit Institution

    CEO East Africa MagazineCompany NewsThe Big StoryApril 27, 2025April 27, 2025

    Despite transitioning from a Tier I Commercial Bank to a Tier II Credit Institution in 2024, Opportunity Bank Uganda Limited has proven resilient, maintaining profitability, growing its loan book, and…

    Dangote Cement’s Gloria Byamugisha: 15 Insights on Positioning for and Thriving in the Boardroom

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipApril 27, 2025May 14, 2025

    At the just-ended Uganda Marketers Society (UMS) CMO Breakfast, held on April 25, 2025 at the Kampala Serena Hotel, Gloria Evelyn Byamugisha, the Group Chief HR Officer at Dangote Cement…

    Standard Chartered Bank Ordered to Pay Over UGX 850 Million to Grace Makoko for Unlawful Dismissal in 2015

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryApril 26, 2025April 26, 2025

    The Court of Appeal has ordered Standard Chartered Bank Uganda to pay Grace Tibihikira Makoko a total of over UGX 850 million in compensation following her unlawful dismissal from the…

    Dr. Louis Kasekende to Headline at Dr. Robin Kibuka’s Book Launch

    Muhereza KyamuteteraExecutive ProfilesSponsored ContentThe Big StoryApril 25, 2025April 25, 2025

    In what promises to be a landmark gathering of Uganda’s foremost minds in economics, governance, and leadership, Dr. Louis A. Kasekende—Executive Director at MEFMI and former Deputy Governor of the…

    Andrew Mashanda Appointed to Lead Business and Commercial Banking Across Africa and Offshore for Standard Bank Group

    Muhereza KyamuteteraThe Big StoryApril 23, 2025April 23, 2025

    Standard Bank Group has appointed Andrew Mashanda as the Head, Business and Commercial Banking (BCB), Africa Regions and Offshore, effective April 2025. In this role, Mashanda will lead the Group’s…

    OPINION: As a Stanbic Shareholder, Here’s What I’m Seeing in Uganda’s Banking Sector (2024)

    Kenneth Legesi, CFAThe Big StoryThought LeadershipApril 22, 2025April 22, 2025

    I’ve been a minority shareholder in Stanbic Bank Uganda for a while now. And like many retail investors, I occasionally take an interest in their performance, most times I just…

    Pope Francis: The third visiting Pope who left an indelible mark on Uganda in 2015

    Paul MurungiThe Big StoryApril 21, 2025April 21, 2025

    27th November, 2015 will forever be etched in history as a memorable day of the third papal visit to Uganda, and remains a symbol of religious significance to many Catholic…

    A leap out of the Covid-19 mess: Uganda’s tourism numbers returning to pre-2020 levels

    Trevor LutaloHospitality & TourismNews & AnalysisThe Big StoryApril 21, 2025April 21, 2025

    Covid-19 pushed the tourism sector on the edge – almost to near collapse – non had ever imagined. It was a global disaster, but one that hurt Uganda’s tourism value…

    Government to reduce missions abroad to 15 – Minister Mulimba

    Brian EmorutPolitics & GovermentThe Big StoryApril 18, 2025April 18, 2025

    The Minister of State for Foreign Affairs (Regional Affairs), Hon. John Mulimba has revealed that the Ministry of Foreign Affairs will reduce the number of diplomatic missions abroad from the…

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      • 100 Leading & Admired CEOs
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