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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...

    Dr. Alan Senkatuka Shonubi⏤Senior Statesperson, Business Leader, Entrepreneur, Musician And Philanthropist⏤ What A Man!

    Muhereza KyamuteteraCEO PerspectivesExecutive ProfilesThe Big StoryJanuary 9, 2024March 12, 2024

    Away from the law, Dr. Alan Shonubi is a distinguished business and opinion leader. He has either previously or is currently serving as the Chairman for Uganda Breweries Limited and…

    UK Supreme Court dismisses attempts by dfcu Bank to block £170 million claim by shareholders of former Crane Bank

    Muhereza KyamuteteraLegal & JusticeNews & AnalysisThe Big StoryJanuary 8, 2024November 1, 2024

    The Supreme Court in the United Kingdom has dismissed attempts by Uganda’s dfcu Bank and its shareholders, to block a £170 million (UGX825.8 billion) suit brought against them by shareholders…

    The Journey to CIO with Elijah Kitaka⏤ Meet Rita Kabatunzi, one of the mentors

    The CEO Magazine TeamExecutive ProfilesThe Big StoryThought LeadershipJanuary 8, 2024January 8, 2024

    We all know Elijah Kitaka in Uganda’s technology space. We also know the ex-Google and former NSSF and Stanbic Bank CIO’s love for technology as well as his passion for…

    How African Queen’s Sophie Nantongo built a multi billion distribution company from a cosmetics shop

    CEO ReporterBillionairesExecutive ProfilesThe Big StoryJanuary 8, 2024January 8, 2024

    In the late 80s, Sophie Nantongo, then in her early 20s set up a cosmetics shop in Makindye, a Kampala suburb. According to a friend, she was coming out of…

    THE SECRET BILLIONAIRE: Sanjay Awasthi, the man behind Uganda’s Tembo Steels

    Muhereza KyamuteteraBillionairesCEO PerspectivesExecutive ProfilesThe Big StoryJanuary 8, 2024December 19, 2024

    When he came to Uganda, back in 2000, Sanjay Awasthi chose the latter- and he does it with zero importation of physical steel, unlike most of his peers and competitors….

    BoU says Uganda’s undercapitalised banks are on course to meet new capital targets, as experts predict buyouts and license downgrades

    Muhereza KyamuteteraNews & AnalysisThe Big StoryJanuary 8, 2024January 8, 2024

    Ugandan supervised institutions (SFIs) that did not meet the revised capital buffers by June 2023, are on course to comply, by the June 2024 final deadline, Bank of Uganda, Uganda’s…

    Uganda’s economic outlook positive as 2023 comes to an end

    CEO ReporterNews & AnalysisThe Big StoryDecember 29, 2023December 30, 2023

    As 2023 comes to a close, economic indicators show that Uganda is on the right trajectory. According to the monetary policy statement for December, Bank of Uganda maintained the Central…

    Uganda gives Nigerian firm, Oranto Petroleum, two more years to explore oil

    CEO ReporterNews & AnalysisThe Big StoryDecember 28, 2023December 28, 2023

    Uganda has extended an oil exploration license to Nigeria’s Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the Covid-19 pandemic. The permit…

    Wealth Report: African millionaires to reach 195,000 by 2032

    CEO ReporterBillionairesThe Big StoryDecember 26, 2023December 26, 2023

    Over the next 10 years, the number of millionaires in Africa will reach 195,000 signaling a 42% increase from the current figures, the 2023 Africa Wealth Report has revealed. The…

    Nigeria’s Access Bank Plc set to acquire Uganda’s Finance Trust Bank

    Muhereza KyamuteteraBanking & Financial ServicesGlobal NewsNews & AnalysisThe Big StoryDecember 26, 2023December 26, 2023

    Access Bank Plc (Access), one of Africa’s largest banking groups, is set to acquire Uganda’s Finance Trust Bank, highly-placed industry sources have told CEO East Africa Magazine. Access Bank Plc,…

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