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    The Big Story

    The BIG Story

    World Bank Ready to Fund Standard Gauge Railway Project Following Talks with President Museveni

    April 1, 2026April 1, 2026 0 Shares
    The World Bank has pledged financial support for Uganda’s long-anticipated Standard Gauge Railway (SGR) project following high-level discussions with President Yoweri Kaguta Museveni at State Lodge, Nakasero. The financial pledge...

    New Reporting Standards Sink FINCA Uganda into UGX 665 million Loss from UGX 4.9 billion Profit

    April 1, 2026April 1, 2026 0 Shares
    FINCA Uganda Managing Director James Onyutta is facing a challenging year ahead after the microfinance deposit-taking institution slipped into the red, posting a net loss of UGX 662.24 million for...

    Shashi Dhar Drives Bank of Baroda Uganda Profit to UGX 156.8 Billion After Three Years of Strong Growth

    April 1, 2026April 1, 2026 0 Shares
    Bank of Baroda Uganda has reported a 17.1 percent increase in profit after tax to UGX 156.84 billion in 2025, up from UGX 133.95 billion in 2024, underscoring a period...

    Africa Takes The Stage: From Raw Supply To Brand Ownership

    March 31, 2026April 1, 2026 0 Shares
    By Helen McIntee-Carlisle– President of African Marketing Confederation For decades, the narrative of African trade was written by others. The continent was primarily a supplier of commodities – the ingredients...

    Uganda Fuel Stocks to Last Until End of April, Government Assures Amid Global Oil Crisis

    March 31, 2026March 31, 2026 0 Shares
    The Government of Uganda has sought to reassure the public over fuel availability, stating that the country has sufficient petroleum stocks to last until the end of April 2026, even...
    Under the new proposal, promoters will be required to deduct 6% and 15% withholding tax from payments to local and international artists, respectively, as government moves to tighten compliance in Uganda’s informal entertainment sector starting 2026/27.

    Promoters Will be Required to Withhold 6% or 15% on Payments Made to Artists in New Tax Measures

    Jeff WintersThe Big StoryMarch 27, 2026March 27, 2026

    Starting the next financial year (2026/27), promoters will be required to withhold a 6% tax on any payments made to local artists and public entertainers. Under the new tax measure,…

    Ramathan Ggoobi is steering Uganda toward a new fiscal era, pairing fresh taxes with aggressive enforcement to raise nearly UGX 4.8 trillion. His strategy signals a shift from policy to compliance, betting that smarter collection, not just higher taxes, will unlock revenue and reshape how the country funds its development ambitions.

    Inside Ramathan Ggoobi’s Plan to Raise UGX 2.3 Trillion in New Taxes and UGX 2.54 Trillion Through Enforcement

    Jeff WintersThe Big StoryMarch 26, 2026March 26, 2026

    When Finance Minister Matia Kasaija tabled government’s latest revenue proposals, attention quickly fixated on one figure: UGX 2.3 trillion expected from new tax measures. But buried deeper in the annexes…

    MTN secures a procedural victory as the Tax Appeals Tribunal halts URA’s objection, allowing the telecom giant to challenge a UGX 169.9 billion tax dispute without upfront payment.

    Tax Appeals Tribunal Halts URA’s Objection to Non-Payment of 30% of Disputed UGX 169.9b by MTN Over Due Process Failures

    Muhereza KyamuteteraThe Big StoryMarch 26, 2026March 26, 2026

    In a landmark ruling that sharpens the contours of tax enforcement and taxpayer rights in Uganda, the Tax Appeals Tribunal (TAT) has halted Uganda Revenue Authority’s (URA) objection to MTN’s…

    Diageo’s planned exit from EABL will also ripple into Uganda, where the group operates through Uganda Breweries Limited, underscoring the regional stakes of a deal that spans key alcohol markets across East Africa.

    Diageo Says Kenyan Distributor Weaponising Case to Frustrate its Exit From EABL

    Jeff WintersThe Big StoryMarch 26, 2026March 26, 2026

    British multinational Diageo has accused a Kenyan beer distributor of attempting to weaponise an ongoing court case to block its planned exit from East African Breweries Limited (EABL), as it…

    Airtel Africa Completes Starlink Internet Trials in Kenya as Uganda Maps Rollout Framework

    Paul MurungiRegulation & ComplianceTechnology & InnovationThe Big StoryMarch 25, 2026March 25, 2026

    Airtel Africa and SpaceX have announced the successful testing of data and messaging services using Starlink Mobile in Kenya, marking a significant step towards expanding satellite-to-mobile connectivity across Airtel Africa’s…

    MTN and Stanbic: A Comparative Look at Two Market Leaders

    Muhereza KyamuteteraThe Big StoryMarch 25, 2026March 25, 2026

    MTN Uganda and Stanbic Uganda, arguably two of Uganda’s largest listed companies, have both released their 2025 financial results. Beyond their scale, the two are also among the country’s biggest…

    Tax Justice, Trust & Nation-Building: A Conversation with Tax Appeals Tribunal’s Crystal Kabajwara

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipMarch 25, 2026March 25, 2026

    In this interview with Muhereza Kyamutetera for our #WomenFixingUganda series, Crystal reflects on her journey, her values, and her mission as a nation builder—to rebuild trust at the intersection of…

    #WomenFixingUganda: Q&A with Leadership Coach Eileen Walusimbi on Conscious Leadership That Builds Lasting Organisations

    Kisakye ImaniLeadership & GovernanceThe Big StoryMarch 25, 2026March 24, 2026

    Leadership is evolving, from control and authority to empowerment, continuous learning, and collaboration. Today, it is less about short-term wins and more about building legacies that outlive the leader. Eileen…

    Stanbic’s Five-Year Scorecard: How Profit Growth, Deposits, Lending and Dividends Reshaped Performance

    Paul MurungiBanking & Financial ServicesThe Big StoryMarch 23, 2026March 24, 2026

    Stanbic Bank’s five-year performance story is, above all, a profit story. It offers the clearest window into how the bank has transformed its balance sheet, expanded lending, deepened customer deposits,…

    Stanbic Bank reveals UGX 270 billion EACOP debt financing as pipeline project advances

    Paul MurungiBanking & Financial ServicesEnergy, Oil & GasThe Big StoryMarch 23, 2026March 25, 2026

    Stanbic Bank Uganda has revealed that it committed more than UGX 270 billion in debt financing to the East African Crude Oil Pipeline (EACOP), reinforcing its role in funding large-scale…

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