The Big Story

Ugandan Startups Raise USD 19M in 2024.

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipNews & AnalysisThe Big StoryThe Executive TravelerJanuary 15, 2025January 20, 2025

Ugandan startups raised $19m in 2024, bouncing back from the lowly $4.8m that they raised in 2023 as per Africa: The Big Deal database.  Africa: The Big Deal database is…

Understanding Rwanda’s New Gambling Policy

Jean Claude NshimiyimanaPolitics & GovermentThe Big StoryThought LeadershipJanuary 15, 2025January 15, 2025

The gambling industry in Rwanda is undergoing a transformative shift as the government rolls out its Rwanda Gambling Policy, a comprehensive framework designed to ensure that the sector contributes positively…

Analyzing the Challenges Ahead for Equity Bank Uganda’s New Managing Director Gift Shoko

Muhereza KyamuteteraThe Big StoryJanuary 14, 2025January 14, 2025

Today, Equity Bank Uganda announced Gift Shoko as its new Managing Director designate. The decision signals a bold step to stabilise the bank after a tumultuous 2024. Shoko, a veteran…

Who is Gift Shoko, Equity Bank Uganda’s Managing Director Designate?

Muhereza KyamuteteraC-Suite LeadershipThe Big StoryJanuary 14, 2025January 14, 2025

Equity Bank Uganda, a subsidiary of the Pan-African Equity Group Holdings Plc, has announced the appointment of Gift Shoko as its new Managing Director. This strategic decision, pending regulatory approval,…

How A Physically Fit Workforce Fuel Financially Fit Organizations: Sylvia Mulinge’s MTN Uganda Story

Muhereza KyamuteteraNews & AnalysisThe Big StoryJanuary 14, 2025January 14, 2025

When Sylvia Mulinge, CEO of MTN Uganda, steps onto the gym floor, she’s not just working out for herself. Her dedication to physical fitness reflects a deeper philosophy: a fit…

President Kagame appoints Jean-Guy Afrika as new CEO of Rwanda Development Board

Paul MurungiBanking & Financial ServicesBusiness & MarketsC-Suite LeadershipEast AfricaExecutive ProfilesGlobal NewsNews & AnalysisThe Big StoryJanuary 13, 2025January 13, 2025

Rwandan President Paul Kagame has tapped Jean-Guy Afrika, a fellow Rwandan seasoned economist who spent over a decade at the African Development Bank, to lead the Rwanda Development Board (RDB)…

DISCIPLINE, STRATEGY, AND SUSTAINABILITY: 10 Financial Leadership Lessons from Wazalendo SACCO’s CFO, Maj. Julius Katanaka

Muhereza KyamuteteraC-Suite LeadershipThe Big StoryJanuary 13, 2025January 13, 2025

1. Discipline and Integrity: The Cornerstones of Leadership Major Katanaka’s military background underscores the importance of discipline and integrity in financial leadership. He argues that these principles are universally applicable…

Airtel Uganda’s MD Pays a courtesy Visit to UCC ED, commits to growth of Internet Access in Uganda

Brian EmorutCompany NewsTechnology & InnovationThe Big StoryJanuary 11, 2025January 11, 2025

Airtel Uganda’s Managing Director, Mr. Soumendra Sahu, fondly known as Som, on Friday morning paid a courtesy visit to the Uganda Communications Commission (UCC) Executive Director, Hon. Goerge William Nyombi…

60 BILLION HEIST: Speaker Among forwards Bank of Uganda audit report to CID for further investigations 

Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryJanuary 9, 2025January 9, 2025

The Uganda Parliament Speaker, Anita Among has forwarded the Auditor General’s forensic audit report on the alleged loss of over UGX 60 billion from Bank of Uganda (BoU) to the…

URA racks up UGX 15 trillion tax revenues from 4.8 million Taxpayers in first half of new Financial Year

Paul MurungiThe Big StoryJanuary 8, 2025January 8, 2025

Uganda Revenue Authority Commissioner General, John Rujoki Musinguzi has released net tax collections for the half-year from July to December 2024 recorded at UGX 15 trillion against a target of…