The Big Story

Noose tightens as DPP names Kasekende, Bagyenda and Sekabira as suspects in defunct banks mess

CEO ReporterThe Big StoryAugust 7, 2020August 7, 2020

Borrowers and owners from the defunct International Credit Bank (ICB), Greenland Bank and Cooperative Bank whose properties were taken over and sold by Bank of Uganda, in a process that…

From Uganda to Africa; the story of Movit, Uganda’s cosmetics, and personal care products giant

Samuel MuhimbaCompany NewsThe Big StoryAugust 6, 2020

Tell us about Bruce Mpamizo My name is Bruce Mpamizo, the Chief Executive Officer Movit Products Limited. I hold a Doctorate of humanity from Lead Impact University (USA), a Master’s…

Meet Stephen Mutana; MTN Uganda’s General Manager Mobile Financial Services whose focus is on customer driven innovations

CEO ReporterCompany NewsThe Big StoryAugust 4, 2020August 4, 2020

After working with teams in Customer Operations across 21 countries at the MTN Group level, Stephen Mutana returned to Uganda early this year, to head the Mobile Financial Services Division…

BAT Uganda appoints Kirunda Magoola new Managing Director

CEO East Africa MagazineThe Big StoryAugust 3, 2020August 3, 2020

The Board of Directors of British American Tobacco Uganda Limited have appointed Kirunda Magoola as the company’s new Managing Director with effect from August 1, 2020. This follows the resignation…

Annette Kihuguru appointed Ecobank Ag. Managing Director as Clement Dodoo’s term ends in Uganda.

Muhereza KyamuteteraBanking & Financial ServicesCompany NewsThe Big StoryJuly 31, 2020July 31, 2020

Mrs Annette Kihuguru Ecobank Uganda’s long-serving Executive Director has been appointed the Acting Managing Director, to replace Mr. Clement Dodoo, who we understand will be leaving the Ecobank Group. Ecobank…

EABL hard-hit by COVID-19 impact as Net Sales fall by 9% in Second Half

Samuel MuhimbaCompany NewsThe Big StoryJuly 30, 2020July 31, 2020

East Africa Beverages Limited (EABL), parent company to Uganda Breweries Limited, has announced annual performance declines driven by COVID-19 impact that has hugely hit the global economy. According to the…

COVID-19 AND DIGITAL TAX STAMPS: You do not have to kill the golden goose that lays the eggs to collect tax- PwC tax expert

Muhereza KyamuteteraThe Big StoryThought LeadershipJuly 29, 2020July 29, 2020

What is your take on this petition and the outcry by the beverages manufacturers? Is it a legitimate concern? Yes, the outcry by the beverages and manufactures is a legitimate…

Q&A: 2 years, 7,600 agents and over UGX2.5 trillion transacted, agent banking is unstoppable; it is the future of banking

CEO East Africa MagazineCompany NewsThe Big StoryJuly 29, 2020July 29, 2020

First of all, tell us about the Agent Banking Company of Uganda Limited- who owns it and how is it run? Agent Banking Company of Uganda Limited (ABC) was incorporated…

Sanlam Life’s 2019 profits grow 375% amidst a very competitive insurance market

Muhereza KyamuteteraCompany NewsThe Big StoryJuly 28, 2020July 28, 2020

Sanlam Life Uganda, the life insurance arm of insurance giants, Sanlam, has announced a 375 percent growth in its operating profit for the fifth straight year. In results published last…

Uganda needs a Fresh Master Plan to Revive Tourism Sector – EU tells government

URNThe Big StoryJuly 27, 2020July 27, 2020

The European Union (EU) Ambassadors to Uganda have appealed to government to consider having in place a comprehensive master plan that will ensure the resuscitation of the country’s tourism sector….