The Big Story

Steady Vision, Bold Growth: Peter Makhanu’s Four-Decade Insurance Journey and the Rise of Liberty Uganda

CEO East Africa MagazineThe Big StoryMarch 2, 2026March 2, 2026

By Sharon Kyatusimiire After more than four decades in insurance, a journey that began in 1984, Peter Makhanu speaks with the composure of a man who has seen cycles, crises,…

CEO of the Month: How Soumendra Sahu Reset and Accelerated Airtel Uganda’s Growth Engine 

Muhereza KyamuteteraBusiness & MarketsCompany NewsLeadership & GovernanceThe Big StoryMarch 2, 2026March 2, 2026

Last week, Airtel Uganda released its full 2025 financial results, underscoring a year of accelerated growth, tighter operational discipline, and structural digital transformation under Managing Director Soumendra Sahu and Board…

From Two Papers to One: The Business Math Behind the Merger of Weekend Newspapers 

CEO East Africa MagazineMedia & CommunicationNews & AnalysisThe Big StoryMarch 1, 2026March 1, 2026

The slow death of the weekend paper did not come with a bang. It came with numbers, and those numbers had been flashing red for more than a decade. Across…

End of an era: Why Nation Media Group Is Merging its Weekend Editions

Paul Murungi and Muhereza KyamuteteraMedia & CommunicationNews & AnalysisThe Big StoryMarch 1, 2026March 1, 2026

Nation Media Group has in Uganda announced that it will, effective March 7th, 2026, publish a single consolidated weekend newspaper, merging the Saturday Monitor and the Sunday Monitor into one…

BAT Uganda Profit Falls to UGX 9.8b Amid Surge in Illicit Cigarette Trade

Paul MurungiBusiness & MarketsCompany NewsThe Big StoryFebruary 26, 2026February 26, 2026

British American Tobacco Uganda’s (BATU) net profit declined by 5.3% to UGX 9.76 billion for the year ended December 31, 2025, down from UGX 10.31 billion in 2024, as falling…

UNOC Paid UGX 918 Billion for Kenya Pipeline Shares

Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 26, 2026February 26, 2026

Uganda National Oil Company (UNOC) invested over UGX 918 billion in the recently concluded initial public offering (IPO) of Kenya Pipeline Company (KPC), marking one of the region’s largest state-linked…

Outgoing EABL CFO Risper Ohaga Appointed APA Apollo Group CEO in Planned Transition

Paul MurungiThe Big StoryFebruary 26, 2026February 26, 2026

APA Apollo Group has announced a planned leadership transition that will see Risper Ohaga join the regional financial services group as Group Chief Executive Officer effective July 1, 2026, following…

StanChart Kenya Appoints Gladys Warirah as New CFO and Executive Director After Chemutai Murgor’s Resignation 

Paul MurungiThe Big StoryFebruary 26, 2026February 26, 2026

Standard Chartered Bank Kenya has announced changes to its board and senior management, appointing Gladys Warirah as the new Chief Financial Officer and Executive Director while confirming the resignation of…

Procurement Tribunal Dismisses Minet Appeal in High-Stakes UETCL Insurance Brokerage Battle

Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 25, 2026February 25, 2026

Uganda’s Public Procurement and Disposal of Public Assets (PPDA) Appeals Tribunal has dismissed as “incompetent” Minet Uganda Insurance Brokers Limited’s application challenging the award of an insurance brokerage contract by…

Afreximbank Extends $50 Million Debt Financing to Spiro Electric Mobility Company

Paul MurungiThe Big StoryTransport & LogisticsFebruary 25, 2026February 25, 2026

Afreximbank has extended $50 million in debt financing to African electric mobility company Spiro, as the firm scales up its clean transport infrastructure across the continent.  The transaction, first reported…