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March 22, 2026
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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,...
    Anthony Natif on Guardian Health: Building, Losing Control, and Exiting a Ugandan Startup

    Anthony Natif: Uganda’s Pharmapreneur Who Founded Guardian Health, Exited for USD Millions, and Turned to Founder Activism, Anti-Corruption, and Philanthropy

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryDecember 24, 2025December 24, 2025

    Few Ugandan founders have built, nearly lost, exited, and reinvented themselves as decisively as Anthony Natif. In this rare and unfiltered conversation, the Guardian Health founder reflects on the high-stakes…

    Deepak Pandey is poised for a comeback as CEO of the reorganised Jubilee Life Insurance, with insiders citing his experience, institutional knowledge and regional leadership as key to guiding the insurer’s next phase.

    Deepak Pandey Set for Comeback as CEO of Reorganised Jubilee Life Insurance

    CEO East Africa MagazineThe Big StoryDecember 23, 2025December 23, 2025

    Deepak Pandey is poised to make a return to the top of Uganda’s insurance industry after being lined up as Chief Executive Officer of the reorganised Jubilee Life Insurance, according…

    Uganda Government Moves to Tighten Unregulated Imports of Unlicensed Starlink Equipment

    Paul MurungiThe Big StoryDecember 23, 2025December 23, 2025

    The Government of Uganda has moved to tighten controls on the importation of unlicensed Starlink satellite communication equipment, with a leaked internal memorandum from the Uganda Revenue Authority (URA) directing…

    Uganda, Rwanda and Nigeria Affected as Trump Recalls Nearly 30 Ambassadors Globally

    Muhereza KyamuteteraGlobal NewsThe Big StoryDecember 23, 2025December 23, 2025

    In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move…

    Outgoing CEO Latimer Mukasa (left) will hand over the reins at MUA Insurance to Nicholas Lutakome, a seasoned actuary and transformation-focused executive. The leadership transition marks the close of a steady-growth era under Mukasa and the start of a new chapter aimed at accelerated expansion, innovation, and deeper market inclusion under Lutakome.

    MUA Insurance Appoints CIC Uganda’s CEO Nicholas Lutakome as New Chief Executive Officer  

    CEO East Africa MagazineThe Big StoryDecember 23, 2025December 23, 2025

    MUA Insurance has appointed seasoned insurance executive Nicholas Lutakome as its new Chief Executive Officer, marking a leadership transition aimed at accelerating growth and deepening the company’s footprint in Uganda’s…

    Stephen Chikovore, Old Mutual General Insurance’s CEO in Uganda to Step Down in January 2026

    Paul Murungi and Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryDecember 22, 2025December 22, 2025

    Old Mutual Insurance Uganda, Uganda’s No.1 general insurer, has announced that its Managing Director and Chief Executive Officer, Stephen Chikovore, will step down from his role effective 31 January 2026….

    The Tax Appeals Tribunal has upheld URA’s $100,000 penalty against TotalEnergies EP Uganda for delayed transfer-pricing disclosures, affirming enforceable audit deadlines. The decision signals tougher scrutiny for multinationals in the extractives sector as commercial oil production nears.

    TotalEnergies EP Hit With $100,000 Penalty Over Delayed Tax Audit Disclosures in Uganda

    CEO East Africa MagazineThe Big StoryDecember 22, 2025December 22, 2025

    The Tax Appeals Tribunal has upheld a $100,000 (UGX357 million) penalty imposed on TotalEnergies EP by Uganda Revenue Authority (URA) for failing to provide transfer pricing information within prescribed timelines…

    Uganda’s fruit shouldn’t rot in gardens. Nilezilla’s Yumbe processing plant shows how serious investment in value addition can cut post-harvest losses, create rural jobs, and turn agricultural potential into real incomes for farmers and communities.

    Beyond the Low-Hanging Fruit: The Grit, Capital, and Vision Required to Industrialise Rural Uganda

    CEO East Africa MagazineThe Big StoryDecember 20, 2025December 20, 2025

    For decades, the story of Uganda’s agriculture has been one of bittersweet potential. We sing about being the Pearl of Africa, blessed with fertile soils and two rain seasons, yet…

    Meet Bowmans’ Lawyers Advising Diageo in its USD 2.3 Billion Sale of EABL to Japan’s Asahi Group

    Muhereza KyamuteteraLaw Firms (A - Z)Legal & JusticeThe Big StoryTop Law FirmsDecember 20, 2025December 20, 2025

    When mega-deals happen, the most visible winners are usually the shareholders who are selling. But in transactions of this scale, there is always a second, less visible layer of immediate…

    #WomenFixingUganda: Lessons from Dr. Winnie Tarinyeba Kiryabwire on Law, Leadership, Governance and Life

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipDecember 20, 2025December 20, 2025

    In the world of corporate governance, commercial law, and professional ethics, few Ugandan or regional figures carry the authority and global resonance that Winnie commands. A distinguished lawyer, academic, and…

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