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    The Big Story

    The BIG Story

    In November 2024, President Museveni officially launched construction of the Kampala–Malaba Standard Gauge Railway, marking a major milestone in Uganda’s long-delayed efforts to modernise transport and boost regional connectivity.

    Uganda Turns to Citibank After Years of SGR Delays Over Financing

    April 16, 2026April 16, 2026 0 Shares
    Uganda’s decision to contract Citibank to mobilise funding for its Standard Gauge Railway (SGR) marks a significant turning point for a project that has faced years of delays, largely due...

    Cash Is Expensive: Could Lower Mobile Money Taxes Save Uganda Billions?

    April 15, 2026April 16, 2026 0 Shares
    Uganda is paying heavily to keep cash alive. Every year, trillions of shillings are absorbed into an economy still built around physical currency through the systems that print, transport, secure,...

    25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda

    April 15, 2026April 15, 2026 0 Shares
    When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a...

    CMA @30: The Story of Uganda’s Capital Markets – Milestones, Growth, Challenges and the Road Ahead

    April 15, 2026April 15, 2026 0 Shares
    Josephine Okui Ossiya, Chief Executive Officer of Capital Markets Authority, reflects on three decades of market growth, highlighting regulatory innovation, investor confidence, and a vision to position capital markets at the center of Uganda’s economic transformation and future development.
    As Uganda’s capital markets mark three decades of growth, the Capital Markets Authority (CMA) stands at a pivotal moment; transitioning from building foundational structures to driving transformative impact. Since its...

    Airtel Africa CEO Sunil Taldar Targets Uganda for Increased Investment, Citing Strong Growth and Strategic Importance

    April 14, 2026April 14, 2026 0 Shares
    Airtel Africa CEO Sunil Taldar (left) and Airtel Uganda Managing Director Soumendra Sahu during a media engagement in Kampala. Taldar highlighted Uganda as a strategic priority market, noting the strong financial performance and growth delivered under Sahu’s leadership.
    Airtel Africa is setting its sights firmly on Uganda as a key investment destination, with Group CEO Sunil Taldar signalling deeper capital deployment and continued technology rollouts in what he...

    German software firm, SAP, fined USD 100 million over bribery in five African countries 

    The CEO Magazine TeamBusiness & MarketsGlobal NewsThe Big StoryJanuary 14, 2024January 14, 2024

    The Washington D.C.-based Securities and Exchange Commission (SEC) has announced charges against SAP SE- a German multinational software company for bribery schemes to government officials in South Africa, Malawi, Kenya,…

    From billboards to beer labels to pull-up banners: How Graphic Systems Limited became the giant of printing in Uganda, region

    CEO ReporterBillionairesMedia & CommunicationThe Big StoryJanuary 12, 2024January 11, 2024

    If your favourite beer is Nile Special or Club Pilsner or even Bell Lager, that sleek label on the bottle that you often like to tinker with is made by…

    The troubled former Kenyan minister behind a gold smuggling ring that potentially costs Uganda Shs 52.2 bn in tax revenue a year

    CEO ReporterEast AfricaNews & AnalysisThe Big StoryJanuary 11, 2024January 11, 2024

    Harvests rarely come this big. Uganda Revenue Authority (URA) recently netted a big fish: a former Kenyan minister, Stephen Kipkiyeny Tarus, for smuggling 13 kg gold and potentially costing Uganda…

    The phenomenal story of Prof. Dr. Maggie Kigozi, the Gayaza High School alumna who became one of Uganda’s most loved, trusted and influential business leaders of our generation.

    Muhereza KyamuteteraBillionairesExecutive ProfilesThe Big StoryWomen In LeadershipJanuary 11, 2024May 3, 2024

    Let’s start from where it all started. Tell us about your childhood, growing up and early working days. My father’s dad Mr. Penn Blick was a British settler in Gomba,…

    Billionaire owners of Uganda’s Crown Beverages⏤Amos Nzeyi, Chris Kayoboke and Maggie Kigozi to buy Kenyan PepsiCo franchise bottler

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJanuary 11, 2024July 19, 2024

    The Competition Authority of Kenya (CAK) has cleared Crown Beverages (Mauritius) Ltd to acquire the entire issued share capital of Kenya Bottling Company Limited. SBC Kenya Ltd (SBC Kenya), which…

    Atiak Sugar Factory private shareholders have never contributed capital – Auditor General 

    Muhereza KyamuteteraThe Big StoryJanuary 11, 2024January 11, 2024

    Auditor General John Muwanga has, in his latest report, faulted private shareholders of the Atiak Sugar Factory for failing to provide their capital contribution to the company leaving the burden…

    Uganda’s 2024 economic prospects brighter, on the back of oil and tourism, the World Bank says

    Muhereza KyamuteteraGlobal NewsNews & AnalysisThe Big StoryJanuary 11, 2024January 11, 2024

    The World Bank has, in its latest forecast, painted Uganda’s economic prospects for 2024 as much brighter compared to her neighbours in the Sub-Saharan Africa region. The World Bank published…

    Stephen Tarus, an ex-Kenyan Minister arrested in Uganda over gold smuggling

    The CEO Magazine TeamNews & AnalysisThe Big StoryJanuary 11, 2024January 11, 2024

    The Uganda Revenue Authority (URA)  has arrested Mr. Stephen Kipkiyeny Tarus, Kenya’s former Minister for gold smuggling thus causing revenue loss to the Uganda government. Mr. Kipkiyeny who served under…

    Tycoon Gordon Wavamunno loses bid to halt the rolling out of digital number plates

    CEO ReporterNews & AnalysisThe Big StoryJanuary 10, 2024January 10, 2024

    The Commercial Division of the High Court has dismissed an application filed by businessman tycoon Gordon Wavamunno seeking to halt rolling out of digital number plates to Russian firm, Joint…

    SUCCESSFUL SUCCESSION: Billionaire James Mulwana’s business empire lives on, more than a decade after his death 

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryJanuary 9, 2024January 10, 2024

    Unlike many of his contemporaries who have since passed on, and their business empires quickly followed them to the grave, Mulwana Group has not only survived but has grown and…

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