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    The Big Story

    The BIG Story

    Paul Mwesigwa’s First Year: UEDCL Hits UGX 1.71 Trillion in Revenue, Rolls Out $994m Grid Recovery Plan After Umeme’s Exit

    April 7, 2026April 7, 2026 0 Shares
    One year after the Uganda Electricity Distribution Company Limited (UEDCL) took over Uganda’s electricity distribution network from Umeme, Managing Director Paul Mwesigwa is emerging as the technocrat at the centre...

    OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved

    April 6, 2026April 6, 2026 0 Shares
    Uganda’s Commercial Court Division carries a burden that no amount of judicial efficiency can resolve alone. Currently, 623 cases involving banks are pending before the court, with the aggregate value...

    Q&A: Everything You Need to Know About I&M Brisk—The I&M Bank Solution Enabling Seamless Cross-Border Banking Across East Africa

    April 6, 2026April 6, 2026 0 Shares
    It is within this context that I&M Group, through its subsidiaries in Kenya, Rwanda, Tanzania, and Uganda, has introduced I&M Brisk—a solution designed to make cross-border banking faster, simpler, and...

    Crisis Beneath the Pumps: Kenya’s Unfolding Fuel Scandal and the Fall of Top Energy Chiefs – Why it Matters to Uganda

    April 4, 2026April 4, 2026 0 Shares
    Four powerful figures at the center of East Africa’s energy sector upheaval; Mohamed Liban, Kenya’s Principal Secretary for Petroleum; Joe Sang, former Managing Director of the Kenya Pipeline Company; and Daniel Kiptoo Bargoria, former EPRA Director General, have all exited office amid a deepening fuel supply scandal under investigation. Across the border, James Mwainyekule, Tanzania’s EWURA Director General, has been dismissed following a sharp surge in fuel prices. Together, their downfalls signal a broader regional reckoning, as governments confront mounting pressure over fuel governance, regulatory accountability, and the growing economic toll of instability in critical energy systems.
    What once appeared to be a triumph of state intervention is now unraveling into one of Kenya’s most gripping governance crises. In the wake of the 2022 fuel shortages, marked...

    Allan Chekwech Steps into Daniel Kalinaki’s Big Shoes at NMG Uganda

    April 3, 2026April 4, 2026 0 Shares
    Nation Media Group (NMG) Uganda has appointed Allan Chekwech as Acting General Manager – Editorial, stepping into the role following the retirement of a longtime newsroom veteran leader, Daniel Kalinaki....

    Nile Breweries Appoints Olive Birungi Lumonya as New Board Chairperson with a Reconstituted Board of Directors

    Paul MurungiThe Big StoryFebruary 13, 2026February 13, 2026

    Nile Breweries Limited (NBL) has appointed Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the role following the untimely passing…

    Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

    South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

    The CEO Magazine TeamThe Big StoryFebruary 13, 2026February 27, 2026

    South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts….

    Prof. Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, may have just let the cat out of the bag on Uganda’s glittering gold export boom — providing vital clues to the elephant in the room of the country’s overnight success story, long touted by government as proof of recent economic momentum: whose gold is it, really?

    ‘It May Not Be Ours’: Deputy Central Bank Governor Suggests Uganda’s Sudden USD6.4 bn Gold Boom is Fuelled by Re-Exports

    Muhereza KyamuteteraEconomy & PolicyThe Big StoryFebruary 13, 2026February 24, 2026

    The Deputy Governor, Bank of Uganda, Prof. Augustus Nuwagaba, has drawn attention to a key structural feature of Uganda’s recent gold export performance: while gold has become the country’s largest…

    Kenny Fihla’s bold tech-led retail reset sees him tap Sitoyo Lopokoiyit to power Absa’s next phase of reinvention.

    What Absa Group’s Hiring of M-PESA’s Sitoyo Lopokoiyit Reveals About Kenny Fihla’s Strategic Intentions

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 13, 2026February 13, 2026

    Hardly two weeks after Absa Group CEO Kenny Fihla concluded a high-level working visit to Nairobi, Kenya, the Group this week announced that it had hired Sitoyo Lopokoiyit as its…

    Kenneth Rubango: Making healthcare work for every Ugandan

    Kisakye ImaniTechnology & InnovationThe Big StoryFebruary 12, 2026February 12, 2026

    Kenneth Rubango is the Director of Biomedical Engineering at the Joint Medical Stores (JMS). JMS is a private-Not-For Profit Non-Governmental Organisation that was established in 1979 as a joint venture…

    Dr Shamim K Matovu, a corporate culture and behavioural insights specialist, and Fauzia Namutebi, Human Resource Business Partner at People Brand Uganda, are leadership and workplace performance experts who advise organisations on accountability, culture transformation, and sustainable people management practices across evolving corporate environments in East Africa.

    The Culture of Excuses: How Performance Slips One Conversation at a Time

    CEO East Africa MagazineLeadership & GovernanceThe Big StoryFebruary 12, 2026February 12, 2026

    At a multimedia organisation where I once worked, we were assigned a group project. Three of us. A comfortable deadline. Enough time to do it well. We met early, mapped…

    Ecobank Kenya Names Rebecca M. Mbithi New Managing Director as Anan-Ankomah Retains Regional Role

    Paul MurungiThe Big StoryFebruary 11, 2026February 11, 2026

    Ecobank Kenya has named Mrs. Rebecca M. Mbithi as its new Managing Director, succeeding Mrs. Josephine Anan-Ankomah, who has fully transitioned to a regional leadership role within Ecobank Group. Mbithi’s…

    Absa Group Appoints M-PESA Africa CEO Sitoyo Lopokoiyit as Head of Personal and Private Banking

    Paul MurungiBanking & Financial ServicesThe Big StoryFebruary 11, 2026February 11, 2026

    Absa Group has confirmed the appointment of M-PESA Africa chief executive Sitoyo Lopokoiyit as the new head of its Personal and Private Banking division, marking a significant leadership move as…

    Elias Edu took charge of NIC Holdings amid fragile market share, capital constraints, and profit volatility, tasked with restoring growth, strengthening the balance sheet, and turning legacy into a lasting competitive advantage.

    Will Elias Edu Confront NIC Holdings’ Falling Market Share?

    Jeff WintersThe Big StoryFebruary 11, 2026February 12, 2026

    For much of Uganda’s post-independence history, NIC Holdings occupied a privileged position in the country’s insurance landscape. Established in 1964 as National Insurance Corporation, NIC was once the dominant underwriter…

    Dilip Pal, Safaricom’s CFO, is a seasoned finance leader whose calm, disciplined approach to strategy and execution reflects decades of experience guiding complex organisations across Africa and Asia.

    What Hunting Lions of Kenya’s Maasai Mara Taught Dilip Pal, Safaricom’s CFO, About Strategy & Execution

    Muhereza KyamuteteraThe Big StoryFebruary 10, 2026February 10, 2026

    On a recent visit to Kenya’s Maasai Mara, Dilip Pal was not in a boardroom, a strategy offsite, or a finance review. He was watching lions. What unfolded before him,…

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    CEO East Africa
     
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      • 100 Leading & Admired CEOs
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