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    The Big Story

    The BIG Story

    Deal Makers: Meet Deloitte Advisors Behind Absa’s Acquisition of StanChart’s Wealth and Retail Business in Uganda

    March 15, 2026March 15, 2026 0 Shares
    In a transaction set to reshape Uganda’s banking landscape, Absa Bank Uganda signed an agreement in October last year to acquire the Wealth and Retail Banking (WRB) business of Standard...
    A graphic representation of how MTN and Airtel's balance sheets look.

    MTN vs Airtel: Balance Sheet Strength Meets Earnings Momentum in the Race to Win the Telecom Market

    March 14, 2026March 14, 2026 0 Shares
    Uganda’s telecom sector is increasingly defined by a two-horse race between MTN and Airtel. Both companies are growing strongly, benefiting from rising smartphone adoption, data usage, and mobile money transactions....

    Kenya Shilling Holds Firm as Remittances Rise and Markets Show Mixed Signals – Central Bank Report

    March 14, 2026March 14, 2026 0 Shares
    Kenya’s financial markets displayed a mix of resilience and caution during the week ending March 12, with the Kenya Shilling holding steady against major currencies. Remittances continued to rise, and...

    After 29 Years in Court, Government Ordered to Pay UGX 512.9 Million in Kamuli Land Dispute

    March 13, 2026March 13, 2026 0 Shares
    Nearly three decades after a commercial farming project was halted by government officials and residents in eastern Uganda, the High Court in Jinja has ruled that government and several individuals...

    Five Years of Ambition: MTN Caps Strategy Cycle With Strong Growth

    March 13, 2026March 13, 2026 0 Shares
    Under Sylvia Mulinge’s leadership, MTN has strengthened its financial position, accelerated growth in data and fintech, and expanded network investment, positioning the telecom to capture Uganda’s fast-growing digital economy.
    MTN Uganda has closed the final year of its Ambition 2025 strategy with strong financial and operational performance, underscoring the success of the telecom giant’s five-year push to transform from...

    Bob Okodi, Amref Health Africa Uganda CFO, On Purpose-Driven Finance and Measuring Impact in Lives, Not Margins

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 8, 2025December 8, 2025

    “I know every single day I am contributing to changing lives in different communities.”  Bob Okodi, the CFO of Amref Health Africa Uganda and Winner of the Not-for-Profit Award 2025…

    Irene Mwoyogwona: Beyond the Numbers – How Pride Bank’s Award-Winning CFO Combines Profitability and Social Impact

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 7, 2025December 7, 2025

    “Pressure and results don’t have to come at the expense of humanity; they can be amplified by it,” says Irene Mwoyogwona, the award-winning CFO of Pride Bank Limited and winner…

    How Stanbic Bank CFO Ronald Makata Blends Governance, Technology and Human Leadership to Drive Performance

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 6, 2025December 6, 2025

    How Stanbic Bank CFO Ronald Makata Blends Governance, Technology and Human Leadership to Drive Performance Fresh from a standout performance at the 9th edition of the Chief Financial Officer Awards…

    Moses Lutalo argues Uganda’s real estate struggles aren’t about demand, but broken systems: costly financing, volatile currency, heavy taxes, and weak land governance squeezing developers daily, scaring off long-term capital.

    Inside Uganda’s Property Market: Broll Uganda’s Moses Lutalo on Sector Realities and the Signals Investors Can’t Ignore

    Jeff WintersThe Big StoryDecember 6, 2025December 5, 2025

    When I sit down with Moses Lutalo, the Managing Director of Broll Uganda, the conversation quickly settles on the forces reshaping Uganda’s real estate landscape: financing pressures, currency volatility, talent…

    Netflix Strikes $82.7 Billion Deal to Take Over Warner Bros., Redefining the Global Entertainment Landscape

    Paul MurungiThe Big StoryDecember 5, 2025December 5, 2025

    Netflix Inc. has announced a landmark agreement to acquire Warner Bros. from Warner Bros. Discovery (WBD) in a cash-and-stock transaction that values the studio at an enterprise figure of about…

    Energy Ministry orders UEDCL Board to investigate top management over performance gaps

    Paul MurungiPolitics & GovermentThe Big StoryDecember 5, 2025February 28, 2026

    The Ministry of Energy and Mineral Development has instructed the Board of the Uganda Electricity Distribution Company Limited (UEDCL) to carry out a comprehensive investigation into the performance and conduct…

    SanlamAllianz Life Insurance Uganda welcomes Alexander Mukasa as Chief Executive Officer, effective December 2025, ushering in a fresh chapter after his eight-year run leading Marsh Uganda through major market shifts. He succeeds retiring industry stalwart Gary V. Corbit, whose multi-decade African career and transformational stewardship strengthened the Sanlam brand in Uganda, right before the recent merger with JubileeAllianz.

    Former Marsh Uganda Chief Executive, Alexander Mukasa, Replaces Gary Corbit as SanlamAllianz Life Insurance Head

    CEO East Africa MagazineThe Big StoryDecember 5, 2025December 7, 2025

    SanlamAllianz Life Insurance Uganda has named Alexander Mukasa as its new Chief Executive Officer, effective December 2025, marking a significant leadership transition at one of the country’s most dynamic life…

    Century Bottling’s bid to knock out URA’s UGX 10.2b assessments failed as the Tax Appeals Tribunal ruled new audit facts allowed late claims for 2013–2019. It also rejected “parallel assessment” arguments and upheld reverse-charge VAT on separately invoiced Krones services (about UGX 364m). Other tax issues remain pending for now.

    Tribunal Backs URA in UGX 10.2 Billion Century Bottling Tax Fight

    CEO East Africa MagazineThe Big StoryDecember 4, 2025December 4, 2025

    Century Bottling Company Limited walked into the Tax Appeals Tribunal hoping to end a costly dispute before it truly began. The Coca-Cola bottler was facing a fresh set of tax…

    The Tax Appeals Tribunal backs URA in Nile Breweries export row, finding Kabaco and Ituri were buyers, not agents. Beer sold locally then exported, triggering VAT and excise; assessments upheld.

    The Nile Breweries-URA UGX 18.5 Billion Fight: When ‘Export’ Became the Battleground That NBL Eventually Lost

    CEO East Africa MagazineThe Big StoryDecember 4, 2025December 4, 2025

    On paper, it looked like a clean regional trade story: a Ugandan manufacturer producing beer for thirsty markets in South Sudan and DR Congo, using local distributors to move product…

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal

    Paul MurungiCompany NewsEast AfricaThe Big StoryDecember 4, 2025December 4, 2025

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15…

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