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    The Big Story

    The BIG Story

    Century Bottling’s bid to knock out URA’s UGX 10.2b assessments failed as the Tax Appeals Tribunal ruled new audit facts allowed late claims for 2013–2019. It also rejected “parallel assessment” arguments and upheld reverse-charge VAT on separately invoiced Krones services (about UGX 364m). Other tax issues remain pending for now.

    Tribunal Backs URA in UGX 10.2 Billion Century Bottling Tax Fight

    December 4, 2025December 4, 2025 0 Shares
    Century Bottling Company Limited walked into the Tax Appeals Tribunal hoping to end a costly dispute before it truly began. The Coca-Cola bottler was facing a fresh set of tax...
    The Tax Appeals Tribunal backs URA in Nile Breweries export row, finding Kabaco and Ituri were buyers, not agents. Beer sold locally then exported, triggering VAT and excise; assessments upheld.

    The Nile Breweries-URA UGX 18.5 Billion Fight: When ‘Export’ Became the Battleground That NBL Eventually Lost

    December 4, 2025December 4, 2025 0 Shares
    On paper, it looked like a clean regional trade story: a Ugandan manufacturer producing beer for thirsty markets in South Sudan and DR Congo, using local distributors to move product...

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal

    December 4, 2025December 4, 2025 0 Shares
    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15...

    Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 

    December 4, 2025December 4, 2025 0 Shares
    Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank...

    The Future of Uganda’s Property Market and Where to Invest in 2026

    December 4, 2025December 4, 2025 0 Shares
    Uganda’s property market mirrors the macro: steady growth, low inflation and a firm shilling support demand. Urbanisation and new industrial cities spread opportunity, but quality supply remains scarce in 2026.
    Real estate markets are, at their core, mirrors of the economies they sit within. In advanced economies, that mirror reflects a relatively stable image: steady credit markets, predictable consumer demand,...

    Beyond the Balance Sheet: How Uganda’s Top CFOs Are Forging Legacy Through Purpose, People, and Unwavering Integrity

    Paul MurungiBanking & InsuranceFinanceThe Big StoryDecember 3, 2025December 5, 2025

    Eight finance professionals won ten awards at the 9th edition of the Chief Financial Officer (CFO) Awards 2025 with Peter Ssenyange, CFO, Pearl Bank Uganda Limited emerging the overall CFO…

    Anne Juuko, the outgoing Regional Head, East Africa for Global Markets at Standard Bank Group and former CEO of Stanbic Bank Uganda, photographed during her leadership tenure—her departure marking a major senior-level exit after 13 years with the Group.

    EXCLUSIVE BREAKING NEWS: Anne Juuko Resigns From Standard Bank Group

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipDecember 3, 2025December 3, 2025

    Anne Juuko, previously the Regional Head, East Africa for Global Markets at Standard Bank Group, has resigned her role effective 30th November 2025, CEO East Africa Magazine can exclusively reveal….

    A photo collage of Old Mutual managing director Stephen Chikovore and SanlamAllianz General Insurance chief executive officer Ruth Namuli. SanlamAllianz’s licensed merger has propelled it to Uganda’s second-largest general insurer, capturing 19.8% market share and closing within 1.4 points of Old Mutual in Q3 2025 after years of dominance.

    SanlamAllianz Officially Becomes Uganda’s Second-Largest General Insurer as Market Gap with Old Mutual Narrows Sharply

    Muhereza KyamuteteraThe Big StoryDecember 3, 2025December 3, 2025

    The newly merged SanlamAllianz Uganda has officially become the country’s second-largest general insurer. Market performance report for the 2025 third quarter by Insurance Regulatory Authority (IRA) shows that the merged…

    Rashmi Pillai, Appointed FSD Kenya CEO

    Kisakye ImaniThe Big StoryDecember 2, 2025December 3, 2025

    Rashmi Pillai will become Chief Executive Officer of Financial Sector Deepening (FSD) Kenya in February 2026, succeeding Tamara Cook, who has led the organisation since 2019. Pillai is a global…

    A photo collage of merged Olea managing director Fiona Magezi and chairman Paul Muhame. The Olea Marsh merger creates a top-five brokerage with 6.4% market share. Former Marsh client service head Magezi becomes Managing Director, while Muhame transitions to board chairman.

    Olea Finalises Acquisition of Marsh Uganda, Fiona Magezi to Replace Paul Muhame as Managing Director

    CEO East Africa MagazineThe Big StoryDecember 2, 2025December 2, 2025

    Pan-African insurance brokerage powerhouse Olea has completed the acquisition and full merger of Marsh Uganda. This marks one of the most significant consolidations in Uganda’s insurance broking sector in recent…

    The UGX1.696 trillion supplementary bid, with UGX422.264 billion earmarked for 10 new Uganda Airlines aircraft, now hangs on Parliament’s verdict. Approval could fast-track the carrier’s fleet expansion, but rejection would signal growing unease over pouring scarce public funds into the skies while critical priorities remain grounded on the runway here.

    Govt Seeks Approval of UGX422 Billion Supplementary for Phased Purchase of 10 Uganda Airlines Aircraft

    CEO East Africa MagazineThe Big StoryDecember 1, 2025December 1, 2025

    Government has tabled a UGX1.696 trillion supplementary budget request before Parliament’s Budget Committee, with UGX422.264 billion earmarked as an initial payment for the purchase of 10 aircraft for Uganda Airlines….

    Under Don Wanyama, Vision Group has accelerated long-overdue digital transformation through the launch of an in-house digital paywall, the rollout of Vision e-Shop and a courier tracking system, the creation of the Vision Group Analytics Dashboard (VGAD), and the automation of HR, asset, and administrative processes.

    Despite a UGX 25 Billion Government Lifeline, Don Wanyama’s Vision Group Remains Deeply Troubled

    CEO East Africa MagazineThe Big StoryDecember 1, 2025December 1, 2025

    Despite a UGX25 billion shot in the wallet by government, Vision Group, the state majority-owned media house (government owns 53.3%), is still fishing in troubled waters, the just-published Annual Report…

    Q&A: As Debt Surges, Equity Group’s Mwangi Says It’s Time for African Governments to Hand Development Projects to Private Sector

    Paul MurungiBanking & InsuranceThe Big StoryDecember 1, 2025December 1, 2025

    In a sweeping call for economic recalibration across the continent, Equity Group Managing Director and CEO, Dr. James Mwangi, has urged African governments to “let the private sector take on…

    East Africa has great potential; we will invest more, says Paul  Hanratty, Sanlam Group CEO 

    Paul MurungiInsuranceThe Big StoryDecember 1, 2025December 1, 2025

    The B20 Summit places productivity and resilience at the heart of Africa’s economic future.  Which structural weaknesses in Africa concern you most, and how is Sanlam positioning itself to strengthen…

    Serena Hotels Operator Issues Profit Warning After Half-Year Loss of KShs 16 Million (UGX 448 million)

    Paul MurungiThe Big StoryNovember 30, 2025December 1, 2025

    TPS Eastern Africa PLC, the operator of Serena Hotels, has issued a profit warning for the financial year ending 31 December 2025 after slipping into a half-year loss, marking a…

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