The Big Story

Oscar Kihika and  Ebert Byenkya- the high school bosom friendship that blossomed into one of Uganda’s highly regarded corporate and commercial law firms 

Muhereza KyamuteteraExecutive ProfilesLegal & JusticeLists & RankingsThe Big StoryFebruary 2, 2023February 2, 2023

On January 26th 2023 Hon Justice Oscar John Kihika, took an oath as a  Justice of the Court of Appeal/Constitutional Court.  Mr. Kihika, a distinguished commercial lawyer and certainly one…

The rise of the Ugandan CEO – why more Ugandans are being trusted to run blue chip companies at home and abroad 

Muhereza KyamuteteraBusiness & MarketsC-Suite LeadershipNews & AnalysisThe Big StoryThe Uganda 300 IndexFebruary 2, 2023February 2, 2023

The year 2022 was a great year for the Ugandan Executive. More than 10 Ugandans rose to become Chief Executives of some of Uganda’s largest and most influential companies, as…

Mercy Sande Ainomugisha- a microfinance guru dedicated to empowering financially under-served women and children in Uganda

Muhereza KyamuteteraC-Suite LeadershipExecutive ProfilesThe Big StoryWomen In LeadershipFebruary 1, 2023February 2, 2023

Very few people in Uganda understand serving the rural poor and the bottom of the financial chain like Mercy Sande Ainomugisha does.  She has spent most of her 18-year banking…

Adu Rando appointed Nile Breweries Managing Director as David Daniel Valencia moves to South Africa 

Muhereza KyamuteteraThe Big StoryJanuary 30, 2023January 30, 2023

Nile Breweries Limited, Uganda’s largest alcoholic drinks maker, has appointed Adu Rando as its new Managing Director, CEO East Africa Magazine, exclusively reveals. Nile Breweries is a 2+ million hectolitres…

Ubuntu Towers acquired by Madagascan billionaire; to rebrand to Towerco Africa

Muhereza KyamuteteraCompany NewsThe Big StoryJanuary 28, 2023January 28, 2023

Tower Corporation of Africa (Tower Co Africa), a company incorporated in Port Louis, Mauritius has acquired 90% of Ubuntu Towers Uganda Limited (UBUNTU). Tower Co Africa is a wholly-owned subsidiary…

EABL taps Mark Ocitti Ongom to head Kenya Breweries Limited as Managing Director

Muhereza KyamuteteraCompany NewsThe Big StoryJanuary 28, 2023January 28, 2023

Mark Ocitti Ongom, has been appointed, the Managing Director of Kenya Breweries Limited (KBL) effective 1st March 2023. KBL is the largest of East African Breweries Limited (EABL) operations, accounting…

VisionFund Uganda appoints Ms. Sarah Yvonne Byabazaire as Board Chairperson 

CEO ReporterCompany NewsThe Big StoryWomen In LeadershipJanuary 27, 2023January 27, 2023

VisionFund Uganda, a Christian Microfinance Institution affiliated to VisionFund International and World Vision International, has appointed Ms. Sarah Yvonne Byabazaire as the Chairperson of its Board of Directors.  Sarah is…

Court dismisses Bank of Uganda application to avoid accountability to shareholders of the defunct Greenland Bank 

CEO ReporterLegal & JusticeThe Big StoryJanuary 25, 2023January 25, 2023

The Commercial Court’s Hon Justice Stephen Mubiru has dismissed an application by the Bank of Uganda to drop a case brought against it by 31 shareholders of the defunct Greenland…

THE 24-YEAR UNSOLVED QUESTION: Did Bank of Uganda seize and sell the assets of the wrong Co-operative Bank?

Muhereza KyamuteteraBusiness & MarketsNews & AnalysisThe Big StoryJanuary 25, 2023January 25, 2023

Twenty-four (24) years, after Bank of Uganda, seized and sold the assets of the Co-operative Bank, the mystery of the ownership of the bank that was sold remains unresolved. This…

Overtaxed, and bullied by corrupt regulators, helpless Asian real estate investors start ‘fleeing’ to Nairobi and Dubai

The CEO Magazine TeamBusiness & MarketsNews & AnalysisThe Big StoryJanuary 22, 2023July 1, 2023

Acacia Mall one of Uganda’s prestigious and much sought-after malls has been sold. Alykhan Karmali’s  Gulfstream Investments (U) Ltd, an investment vehicle through which he owned property, according to very…