The Big Story

Absa, ENS Africa, A&O Shearman and Nomura Advise Asahi Holdings on USD 2.3bn Acquisition of 65% Stake in EABL

Paul MurungiEast AfricaGlobal NewsThe Big StoryDecember 18, 2025December 18, 2025

Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition…

Everything You Need to Know About Diageo’s Sale of its 65% Stake in EABL to Japan’s Asahi Group

CEO East Africa MagazineThe Big StoryDecember 18, 2025December 18, 2025

East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its…

Letter to My Younger Self: Camila Mindru—”Focus First. Be Brave. Lead With Heart.”

Kisakye ImaniThe Big StoryDecember 18, 2025December 18, 2025

Jubilee Life Insurance’s Marketing and Communications Manager on clarity, courage, resilience, and redefining success beyond busyness. In the tricky world of insurance, where reputation is fragile and every message carries…

What It Really Takes to Lead: Inside the Minds of Uganda’s Most Influential CEOs

Kisakye ImaniThe Big StoryDecember 18, 2025December 17, 2025

Have you ever wondered what truly distinguishes a successful CEO from the rest? Beyond titles, corner offices, and headline results, what habits sustain leaders at the very top? That is…

Diageo to Exit East African Breweries as Asahi Takes Control

CEO East Africa MagazineThe Big StoryDecember 17, 2025December 17, 2025

Global spirits giant Diageo has agreed to sell its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings, marking a significant shift in the ownership of…

Parliament approves UNOC’s UGX 7 trillion loan from Vitol Bahrain to fund oil refinery, Kenya pipeline shares and storage facilities

Paul MurungiEnergy, Oil & GasThe Big StoryDecember 17, 2025December 18, 2025

Parliament has approved a proposal authorising the Uganda National Oil Company (UNOC) to borrow up to USD 2 billion (UGX 7.12 trillion) from Vitol Bahrain E.C. (VBA), a global trader…

Letters to My Younger Self: Gloria Sebikari — “Take the Risk. Say the Hard Thing. Rest When You Need To.”

Kisakye ImaniThe Big StoryDecember 17, 2025December 16, 2025

The Petroleum Authority of Uganda’s Corporate Affairs Manager on courage, calling, loss, leadership, and living a life aligned with purpose. In Uganda’s rapidly evolving oil and gas sector, an industry…

Vodacom Tanzania’s Philip Besiimire’s Three-Year Scorecard: Growth, Discipline, and Dividends

CEO East Africa MagazineThe Big StoryDecember 17, 2025December 17, 2025

Vodacom Tanzania has reported strong operational and financial momentum in the first half of 2025/26, underpinned by double-digit revenue growth, expanding cash flows, and accelerating performance in its core digital…

Redefining the CFO Role in Oil and Gas: How UNOC’s Emmanuel Mugagga Is Executing Strategy for National Impact

Paul MurungiBanking & Financial ServicesEnergy, Oil & GasThe Big StoryDecember 16, 2025December 18, 2025

Emmanuel Mugagga is the Chief Financial Officer of the Uganda National Oil Company (UNOC) and Winner of the Strategy Execution Award at the 9th edition of the Chief Financial Officer…

Kilembe Mines, Woodcross Resources top list of mining companies defaulting on mineral rent at UGX 3.75 billion

Paul MurungiEnergy, Oil & GasThe Big StoryDecember 16, 2025December 16, 2025

Government has issued a default notice of dozens mining companies and licence holders after unpaid mineral rent arrears climbed to UGX 3.75 billion.  Woodcross Mining Company Limited and Kilembe Mines…