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    The Big Story

    The BIG Story

    Stanbic’s Five-Year Scorecard: How Profit Growth, Deposits, Lending and Dividends Reshaped Performance

    March 23, 2026March 23, 2026 0 Shares
    Stanbic Bank’s five-year performance story is, above all, a profit story. It offers the clearest window into how the bank has transformed its balance sheet, expanded lending, deepened customer deposits,...

    Stanbic Bank reveals UGX 270 billion EACOP debt financing as pipeline project advances

    March 23, 2026March 23, 2026 0 Shares
    Stanbic Bank Uganda has revealed that it committed more than UGX 270 billion in debt financing to the East African Crude Oil Pipeline (EACOP), reinforcing its role in funding large-scale...

    Stanbic Uganda Shareholders to Receive UGX 360bn After 10 Years of Rapid Dividend Growth

    March 23, 2026March 23, 2026 0 Shares
    Stanbic Uganda Holdings Limited has reported a strong set of financial results for the year ended 31 December 2025, with shareholders set to receive UGX 360 billion in dividends. Stanbic...

    Stanbic Bank CEO Mumba Kalifungwa Delivers UGX 591 billion Profit in First Year

    March 23, 2026March 23, 2026 0 Shares
    Kenneth Mumba Kalifungwa’s first year as Chief Executive of Stanbic Bank Uganda delivered a strong profit performance. However, beneath the headline numbers lies a more nuanced story of growth, rising...

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

    March 22, 2026March 22, 2026 0 Shares
    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.
    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...

    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….

    Auditor General’s report on Umeme expected next week 

    Paul MurungiNews & AnalysisPolitics & GovermentThe Big StoryMarch 21, 2025March 21, 2025

    Energy Ministry Permanent Secretary Irene Batebe has confirmed that the Auditor General’s report on Umeme’s buyout amount will be released next week, just a few days to the expiry of…

    OPINION: The Imperative of Information and Cyber Security in the Digital Age

    Sanjay RughaniThe Big StoryThought LeadershipMarch 21, 2025March 21, 2025

    In an era where digital technology has become the backbone of modern business operations, the importance of Information and Cyber Security (ICS) cannot be overstated. As Uganda’s financial sector embraces…

    Uganda Airlines launches new route to London amidst questions on profitability

    CEO East Africa MagazineCompany NewsEast AfricaGlobal NewsNews & AnalysisThe Big StoryMarch 20, 2025March 20, 2025

    Uganda Airlines has officially launched direct flights to London, United Kingdom. The airline will fly four times a week using the Airbus A330-800neo.  Ms Jennifer Bamuturaki, the Uganda Airlines CEO…

    UEDCL absorbs 90 percent of Umeme staff, seeks more UGX 1.3 trillion to stabilise power sector 

    Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 19, 2025March 20, 2025

    The Uganda Electricity Distribution Company Limited (UEDCL) has absorbed an estimated 2,200 of Umeme staff, out of the 2,400 staff that the private power distributor holds currently.  UEDCL Managing Director,…

    Gov’t turns to Absa Bank for UGX 183 billion loan to fund UEDCL’s takeover from Umeme

    Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 19, 2025March 19, 2025

    Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully…

    CONFIRMED: MTN to complete separation of Fintech unit from listed business before June 

    Paul MurungiGlobal NewsNews & AnalysisThe Big StoryMarch 18, 2025March 20, 2025

    MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year.  The separation, which…

    How a Chance Meeting Between Francis Kamulegeya and a Deaf Childhood Friend 23 Years Ago, is Changing Lives of the Deaf Community in Uganda 

    Muhereza KyamuteteraThe Big StoryMarch 18, 2025March 18, 2025

    In the heart of Masaka, a small mustard seed was planted 20 years ago. Today, that seed has grown into a towering tree with strong branches, offering shelter, hope, and…

    Bank of Uganda starts regulating big Saccos 

    Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 17, 2025March 17, 2025

    Bank of Uganda has started the implementation of regulation of substantially well capitalised Savings and Credit Cooperative Societies (Saccos).  The move, which starts with the issuance of an MDI licence…

    ‘Uganda not listed’ as Trump plans travel ban on 43 countries 

    Paul MurungiGlobal NewsLifestyleThe Big StoryThe Executive TravelerMarch 15, 2025March 15, 2025

    Uganda, Kenya and Nigeria are among the few African countries that will not face the consequences of a proposed travel ban by U.S President Donald Trump, which if implemented, will…

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