The Big Story

Uganda Gov’t plans to borrow over UGX 5.8 trillion in a single sitting amid rising debt concerns

Paul MurungiBanking & Financial ServicesEast AfricaNews & AnalysisPolitics & GovermentThe Big StoryMarch 25, 2025March 25, 2025

A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…

Uganda Securities Exchange’s Paul Bwiso is new Chairman of East African Securities Exchanges Association (EASEA)

Brian EmorutCompany NewsPolitics & GovermentThe Big StoryMarch 25, 2025March 25, 2025

Paul Bwiso, the Chief Executive Officer of the Uganda Securities Exchange (USE), has been appointed the new Chairman of the East African Securities Exchanges Association (EASEA), following the association’s 34th…

Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

Paul MurungiBanking & Financial ServicesBusiness & MarketsEast AfricaThe Big StoryMarch 24, 2025March 25, 2025

Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…

Stanbic Uganda Posts Record UGX 478 Billion Profit in 2024, Assets Cross UGX 10 Trillion Mark

Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryMarch 24, 2025March 24, 2025

Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda and four other subsidiaries, has announced a record net profit of UGX 478 billion for the financial year…

How Anisha Muhoozi grew KCCA FC into a UGX 6 Billion Outfit

Trevor LutaloExecutive ProfilesThe Big StoryWomen In LeadershipMarch 24, 2025March 24, 2025

On a regular matchday, floodlights blaze across MTN Omondi Stadium as the roar of the crowd pierces through the Lugogo-based stadium.  It is a scene Anisha Shahir Muhoozi has been…

Another internal fraud case hits Nile Breweries, the Ugandan subsidiary of AB InBev as police investigates large-scale beer theft

Muhereza KyamuteteraCompany NewsThe Big StoryMarch 23, 2025March 23, 2025

Just months after launching an investigation into massive marketing and sponsorship fraud involving senior staff, Nile Breweries Limited (NBL), a subsidiary of Anheuser-Busch InBev (AB InBev), is now grappling with…

Resilience Amid Volatility: PwC 2025 Survey Reveals East African CEOs’ Optimism in a Shifting Landscape

Muhereza KyamuteteraNews & AnalysisThe Big StoryMarch 23, 2025March 23, 2025

East African CEOs are charging into 2025 with a sharpened strategic lens—facing volatility with resilience, embracing transformation with intention, and leveraging technology with purpose. PwC’s 28th Annual Global CEO Survey…

Ali Monzer appointed MTN Rwanda’s new CEO after spending a year in South Sudan

Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 22, 2025March 22, 2025

 Ali Monzer, a seasoned telecommunications professional has been appointed the new Chief Executive Officer of MTN Rwanda.  He replaces Ms. Mapula Bodipe, a South African national who has been holding…

Airtel to double investment in its data segment

Paul MurungiCompany NewsGlobal NewsNews & AnalysisThe Big StoryMarch 22, 2025March 25, 2025

Airtel’s Managing Director, Mr Soumendra Sahu has confirmed a plan to double Airtel’s investment in data, which will be a key priority this year and beyond, as the telco maintains…

Colin Asiimwe Returns as Head of Marketing at MultiChoice Uganda

Muhereza KyamuteteraCompany NewsThe Big StoryMarch 21, 2025March 21, 2025

Colin Asiimwe is back at MultiChoice Uganda as the Head of Marketing, overseeing the DStv, GOtv, Showmax, and Pearl Magic brands. Asiimwe previously worked with MultiChoice before leaving the business….