The Big Story

NSSF wins UGX43 billion tax case against Uganda Revenue Authority

Muhereza KyamuteteraThe Big StoryNovember 3, 2020November 3, 2020

Commercial Court Judge, Justice Boniface Wamala has dismissed a UGX42.7 billion tax case against the National Social Security Fund (NSSF). This followed NSSF’s appeal of a 27th March 2020 ruling…

Hamis Kiggundu secretly and unlawfully tried to transfer bank held properties to himself after controversial court ruling― Judge

CEO ReporterBanking & Financial ServicesThe Big StoryNovember 3, 2020November 3, 2020

Embattled city businessman, Hamis Kiggundu (commonly known as Ham) and his lawyers, tried to secretly and illegally have three properties at the centre of a commercial dispute with two banks…

Museveni first candidate to be nominated, launches 2021-2026 manifesto today

CEO ReporterThe Big StoryNovember 2, 2020November 2, 2020

President Yoweri Museveni became the first presidential candidate to be nominated at the Kyambogo University grounds today morning. Museveni who arrived at the nomination venue in Kyambogo University Grounds a…

Pursued by 3 banks over UGX 72 bn in debt, how a desperate Hamis Kiggundu turned to courts to buy more time, but in the process cut the hands that fed him

CEO ReporterBanking & Financial ServicesThe Big StoryNovember 2, 2020November 2, 2020

The Hamis Kiggundu vs. Diamond Trust Bank (DTB) case took almost everyone by surprise. Everybody who knows the maverick businessman, the proprietor of Ham Enterprises and Kiggs International, knows that…

Long arm of the law catches up with Equal Opportunities Commission boss as she is sent on remand till November 4th

CEO ReporterThe Big StoryOctober 29, 2020October 29, 2020

The Anticorruption Court’s has today sent the embattled Chairperson of the Equal Opportunities Commission (EOC) on remand to Kigo Prison until November 4th, 2020 when she will reappear in court…

EXCLUSIVE: Standard Chartered Bank’s Herman Kasekende highly likely to join Centenary Bank as its new Executive Director

Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryOctober 29, 2020October 29, 2020

Herman Kasekende, a Ugandan, currently, the Managing Director of Standard Chartered Bank Zambia is highly likely to join Centenary Bank as its next Executive Director, impeccable sources, knowledgeable about the…

Emmy Hashakimana, to head UBL’s Marketing as Juliana Kagwa becomes Corporate Relations Director; Agnes Ssali and Eunice Waweru to head legal and finance respectively

Muhereza KyamuteteraCompany NewsThe Big StoryOctober 26, 2020October 26, 2020

Uganda Breweries Limited (UBL), one of two of Uganda’s largest alcoholic drinks companies, has made key changes in its senior executive team, CEO East Africa Magazine can exclusively reveal. In…

One on One: MTN’s Stephen Mutana Explains how Fintech, bank partnerships will deepen financial inclusion

CEO ReporterThe Big StoryOctober 22, 2020October 22, 2020

What is your take on Fintech as far as financial inclusion is concerned? Financial technologies promise to increase efficiency in delivering financial services and promote financial inclusion. Currently, mobile penetration…

Damaged by multi-billion COVID-19 lockdown losses, external recruitment firms protest gov’t refusal to open up lucrative domestic workers segment even after airports reopen

Muhereza KyamuteteraThe Big StoryOctober 20, 2020October 20, 2020

When the government of Uganda announced that Entebbe International Airports would be open effective 01st October 2020 members of the Uganda Association of External Recruitment Agencies (UAERA) were among the…

Post Bank taps dfcu Bank’s COO, Andrew Kabeera for Executive Director position

Muhereza KyamuteteraBanking & Financial ServicesCompany NewsThe Big StoryOctober 19, 2020October 19, 2020

Post Bank Uganda has appointed Andrew Kabeera as its new Executive Director, effective July 2020. A seasoned banker, Kabeera brings to Post Bank, a wealth of experience in Uganda’s financial…