The Big Story

Minister of Finance appoints development economist, Bob Bonabo Munene to Uganda Development Bank Board

Muhereza KyamuteteraThe Big StoryAugust 25, 2023August 25, 2023

Bob Bonabo Munene, a development economist has been appointed as a non-executive director to the Uganda Development Bank Board, CEO East Africa has learnt. UDB is the country’s national Development…

Turaco becomes first insurtech to get underwriting license in Uganda; promises simple policies from as low as UGX1000

Muhereza KyamuteteraCompany NewsThe Big StoryAugust 23, 2023August 23, 2023

Turaco, one of the leading insurtech companies in Africa, becomes the first insurtech in Uganda to acquire an underwriting license, with a promise to be a leader in the provision…

William Henry Ssentoogo, Uganda’s godfather of architecture rests, but his magical spirit lives on in Kampala’s skyline

Muhereza KyamuteteraExecutive ProfilesThe Big StoryAugust 22, 2023August 22, 2023

A dark cloud hovers over the Uganda Society of Architects as it mourns the passing on of its celebrated godfather Willliam Henry Ssentoogo. Ssentoogo passed on at the age of…

Uganda’s Global Competitiveness⏤ Standard Chartered Bank urges investors, banks on collaboration, sustainability and digitisation 

Muhereza KyamuteteraCompany NewsThe Big StoryAugust 22, 2023August 22, 2023

To start and build thriving and domestically, regionally and globally competitive businesses, Ugandan Investors have been advised to focus on building for the long-term by getting the fundamentals right. This…

Increased investments and connections, drive Umeme’s H1 2023 revenue to UGX1.1 trillion

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryAugust 21, 2023August 21, 2023

Increased economic activity thus increased power demand, translating into increased customer connections combined to spur a 19.9% growth in Umeme Limited’s gross revenues for H1 2023, the energy distribution company…

23 years of love, resilience, and authentic connection ⏤ Aggie Konde, a Ugandan Wife, Mother and Coach shares lessons on balancing family, career and growth

Muhereza KyamuteteraThe Big StoryWomen In LeadershipAugust 19, 2023August 19, 2023

Reproduced with her permission, here below, are some key lessons⏤ well, she calls them “gems” and “5 simple reflections” of what she says have been “a transformative shining a light…

Jumia Q2 2023 Report Highlights Reduced Losses amidst Challenging Economic Conditions.

Jonathan N. LubwamaEntrepreneurshipTechnology & InnovationThe Big StoryAugust 16, 2023August 21, 2023

In the e-commerce sector, the ability to improve operational efficiency and achieve profitability is the pulse that beats within every organization’s heart. But for most e-commerce startups, including Jumia, it…

Oryx Energies taps Michael Nduhuukire to head its Ugandan operations

CEO ReporterC-Suite LeadershipExecutive ProfilesThe Big StoryAugust 16, 2023August 16, 2023

Oryx Energies one of the top 5 players in the Ugandan downstream oil and gas business, has hired Michael Nduhuukire as its new Managing Director for Oryx Energies (U) Ltd…

CK JAPHETH: A MoTIVated and Innovative Villager changing Uganda, one entrepreneur at a time! 

Muhereza KyamuteteraC-Suite LeadershipCEO PerspectivesExecutive ProfilesThe Big StoryAugust 15, 2023August 15, 2023

In 2017 he went on to found The Innovation Village and in April 2020 started MoTIV. To mark his 6 years at The Innovation Village and three years at MoTIV,…

US Financial Services Giant, Mastercard Acquires Minority Stake in MTN’s Fintech Division.

Jonathan N. LubwamaNews & AnalysisThe Big StoryAugust 14, 2023August 14, 2023

Mastercard Inc., a leading global payments and technology company, has recently announced its decision to acquire a minority stake in the fintech division of MTN Group Ltd., This strategic move…