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    The Big Story

    The BIG Story

    Equity Bank Rwanda headquarters in Kigali and Managing Director Hannington Namara. Authorities in Uganda have arrested six suspects linked to a cross-border digital fraud targeting the bank, as investigations into the multi-million-dollar heist continue.

    6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

    March 22, 2026March 22, 2026 0 Shares
    Six Ugandans have been arrested and are set to be arraigned in court on March 23, 2026 in connection with a cross-border digital fraud scheme targeting Equity Bank Rwanda, marking...

    Why April–June is Known as the Transfer Window in Uganda’s Banking Industry

    March 22, 2026March 22, 2026 0 Shares
    Every year, almost like clockwork, a quiet but consequential shift begins to take shape across the banking sector. It is neither announced nor formally recognized, yet it is deeply understood...

    Ruparelia Group Wins Key Entebbe Land Case, Clearing Path for the New Mega Speke Resort and Convention Centre, Entebbe

    March 19, 2026March 19, 2026 0 Shares
    The High Court of Uganda has delivered a decisive ruling in a long-running land dispute in Kongero, Wakiso District, handing Ruparelia Group’s Speke Hotel 1996 Limited a major legal victory...

    World Bank bans PwC Africa, Rwanda and Kenya affiliates from Bank Group-financed projects over fraudulent practices

    March 18, 2026March 18, 2026 0 Shares
    The World Bank Group has debarred three PricewaterhouseCoopers (PwC) entities in Africa for 21 months over their involvement in collusive and fraudulent practices linked to a major regional energy project...

    Equity Group Posts Record 55% Surge in Profit to KSh75.5b: Uganda Bounces Back With 500% Growth in Net Profit – A Defining First Year for MD Gift Shoko

    March 18, 2026March 18, 2026 0 Shares
    From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.
    Equity Group Holdings has delivered one of the most remarkable financial performances in East Africa’s banking history, posting a 55% surge in profit after tax to KSh75.5 billion in FY2025,...
    Uganda Airlines CEO Jennifer Bamuturaki and UEDCL boss Paul Mwesigwa are under intense pressure as public frustration, politics, and performance collide. Running strategic state enterprises with deep legacy problems, their survival may hinge less on history and more on how decisively they deliver results now.

    On the Edge: Why 2026 Could be a Make-or-Break Year for Uganda Airlines’ Jennifer Bamuturaki and UEDCL’s Paul Mwesigwa

    CEO East Africa MagazineThe Big StoryJanuary 3, 2026January 3, 2026

    If there are any Ugandan CEOs in the hot seat, then it is Uganda Airlines’ Jennifer Bamuturaki and Uganda Electricity Distribution Limited’s Paul Mwesigwa. They run two strategic state enterprises,…

    UMEME’s share price climb signals investor focus shifting from an expired concession to the London arbitration, where potential compensation and settlement outcomes could unlock significant post-concession value.

    UMEME’s Share Price Surge: What is the Market Beginning to Price In?

    CEO East Africa MagazineThe Big StoryJanuary 2, 2026January 2, 2026

    When UMEME’s concession ended in March last year, the market assumed finality. Power lines would keep running, but value, many believed, had gone with the concession. The share price, according…

    URSB Deregisters Over 50,000 Companies, Exposing Widespread Dormancy Across Trade, Real Estate, Construction, Transport and Services

    Paul MurungiCompany NewsThe Big StoryDecember 31, 2025December 31, 2025

    Uganda’s business registry has undergone a major reset, with the Uganda Registration Services Bureau (URSB) deregistering 50,003 companies that failed to comply with statutory filing requirements, revealing deep patterns of…

    Stella Rusine Ntez Appointed CEO of Development Bank of Rwanda as Kampeta Sayinzoga Steps Down After Six Years

    Paul MurungiExecutive ProfilesThe Big StoryDecember 31, 2025December 31, 2025

    The Development Bank of Rwanda (BRD) has appointed Ms. Stella Rusine Ntez as its new Chief Executive Officer, subject to regulatory approval, marking a leadership transition that blends continuity with…

    Knight Frank Uganda MD Judy Rugasira providing a strategic assessment of Uganda’s real estate market, covering 2025 challenges, policy recalibration, and 2026 growth frontiers in oil, gas, and housing.

    The Good, The Tough, and the Future: Knight Frank’s Judy Rugasira on Uganda’s Real Estate Resilience and 2026 Investment Frontiers

    Muhereza KyamuteteraNews & AnalysisThe Big StoryDecember 31, 2025December 31, 2025

    Beyond the policy challenges, the interview explores a sector in the midst of a structural evolution, driven by shifting tenant behaviours and the rise of decentralised, convenience-led suburban retail. Addressing…

    Uganda’s real estate growth faces pressure from high taxes, costly borrowing, and limited deductions, raising rents and threatening investment unless rental tax policies are rebalanced to support sustainable development.

    Heavy Taxes, Thin Margins: Why Uganda’s Rental Tax Policy is Testing Real Estate Growth Potential

    CEO East Africa MagazineThe Big StoryDecember 31, 2025December 31, 2025

    On the surface, Uganda’s real estate sector appears to be thriving. Cranes dot Kampala’s skyline, mortgage uptake is rising, and Government revenue from corporate and rental income taxes continues to…

    Uganda’s insurance industry in 2025: A year of growth, consolidation, and reckoning

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 30, 2025February 28, 2026

    There are years when an industry grows quietly, and then there are years when it changes character. For Uganda’s insurance industry, 2025 was unmistakably a change of character. Viewed from…

    Paul Kavuma Appointed Country Head of Operations at Liberty Uganda  

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 30, 2025December 30, 2025

    Paul Kavuma, the former Chief Executive Officer of Jubilee Allianz General Insurance Uganda, has announced his move to Liberty Uganda, where he takes up the role of Country Head of…

    Galandi Tony Kiire, Managing Partner of Diamond Advocates and WONE Global Technology Leader for Uganda.

    Ugandan Law Firm, Diamond Advocates Joins WONE GLOBAL International Network

    Muhereza KyamuteteraThe Big StoryDecember 26, 2025December 26, 2025

    Diamond Advocates, a law firm based in Kampala, has joined WONE GLOBAL, an international network of firms providing legal, tax, audit, and business advisory services. The development makes Diamond Advocates…

    A series of portraits showing the Rwakatungu siblings together and individually, smiling and interacting naturally in indoor and outdoor settings, reflecting family unity, resilience, shared values, and the influence of their father on their journeys into leadership across banking, audit, and entrepreneurship.

    The Father Who Built Forward: How Values, Education, and Discipline Forged the Rwakatungu Family’s Resilience and Impact

    Muhereza KyamuteteraThe Big StoryDecember 24, 2025December 24, 2025

    For anyone who grew up in Uganda in the 1980s and 1990s, it is impossible not to marvel at Caleb Rwakatungu Snr’s ability to extract so much from so little….

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      • 100 Leading & Admired CEOs
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