The Big Story

Breaking Barriers: Gender, Innovation, and the Future of Finance

Muhereza KyamuteteraBanking & Financial ServicesC-Suite LeadershipThe Big StoryJanuary 5, 2025January 5, 2025

The financial profession is undergoing a seismic shift. The age-old notions of bookkeeping and audit trails have given way to a dynamic era where finance leaders are pivotal in shaping…

PROFILES: ABMAK Lawyers who made a mark in the USD 435 million Heritage Oil- URA case

Paul MurungiThe Big StoryJanuary 3, 2025January 3, 2025

On the 23rd of December, 2024, four ABMAK Associates’ lawyers made their mark by securing a fair ruling for Heritage Oil in a protracted legal battle against Uganda Revenue Authority…

JUDGEMENT: Court orders URA to refund excess tax to Heritage Oil in decades-long legal dispute

Paul MurungiThe Big StoryJanuary 2, 2025January 2, 2025

The High Court’s Commercial Division Judge, Susan Abinyo, has issued an order to Uganda Revenue Authority (URA) to refund excess tax to Heritage Oil after a decades-long legal battle between…

ANALYSIS: How will Uganda’s energy sector fare after Umeme’s exit? 

Paul MurungiThe Big StoryDecember 31, 2024February 27, 2025

The handover of Umeme licenses for the sale and distribution of electricity to Uganda Electricity Distribution Company Limited (UEDCL) has put the country’s energy sector into sharp focus, especially with…

MTN Uganda secures UGX 370 billion debt from five local banks 

Paul MurungiThe Big StoryDecember 31, 2024January 1, 2025

 MTN Uganda has secured UGX 370 billion (USD 100 Million) in debt financing in one of the largest local currency debt transactions in Uganda, which will be used by the…

ALLEN C. KAGINA: Person of the Year 2024

Muhereza KyamuteteraThe Big StoryDecember 30, 2024December 30, 2024

The bill for creating the Uganda National Roads Authority (UNRA) was passed by the Parliament of Uganda in May 2006 and assented to by the President in June 2006. The…

Rwanda Updates Banking Laws

Jean Claude NshimiyimanaGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryDecember 30, 2024December 30, 2024

Rwanda’s vision of becoming a prominent financial hub makes a substantial advancement with the New Law nº 044/2024 of 30/05/2024 governing banks (the “Banking Act” or the “New Banking Act”)….

PARADOX OF PLENTY: Uganda’s Tourism Mathematics Does Not Add Up

Muhereza KyamuteteraBusiness & MarketsThe Big StoryDecember 28, 2024December 28, 2024

This festive season, I had time to reflect deeply on how insanely gifted Uganda, the Pearl of Africa, is by nature and how we, as a country, have failed to…

UGANDA’S 100 OIL AND GAS LEADERS: Patrick Mbonye, CEO, Q-Sourcing Servtec Group

Paul MurungiThe Big StoryDecember 27, 2024December 27, 2024

Mbonye is the Chief Executive Officer of Q-Sourcing Servtec Group, a multi-professional management solutions firm. Under his leadership, the company has become a cornerstone in the East African region, innovatively…

A Guide for Organisations to Comply with Rwanda’s Data Protection and Privacy Law

Jean Claude NshimiyimanaTechnology & InnovationThe Big StoryThought LeadershipDecember 26, 2024December 26, 2024

In a rapidly evolving digital world, data protection and privacy are paramount concerns for organisations globally. With the advent of new technologies and the increasing reliance on data-driven processes, safeguarding…