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    The Big Story

    The BIG Story

    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’s financial markets remained stable as the shilling held firm, remittances rose, and equities gained, even as bond market activity slowed and global pressures from oil prices and geopolitics intensified.

    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...

    Building Financial Resilience: How CFO Arnold Ainebyona Is Positioning SanlamAllianz Life for Growth and Capital Strength

    March 13, 2026March 13, 2026 0 Shares
    As the global insurance giants Sanlam and Allianz deepen their partnership across Africa, Uganda’s life insurance sector is entering a new phase of strategic alignment, capital strength and governance discipline. ...
    A collage of NRM’s President Museveni, NUP’s Robert Kyagulanyi, and FDC’s Nandala Mafabi. The three parties’ manifestos promise on business differ. For large contractors and foreign investors, NRM’s continuity and scale may feel safest. For SMEs and startups, NUP’s promise of a level playing field is potentially the most transformative, while for agribusiness and rural financiers, FDC’s cooperative-driven model could expand markets and liquidity.

    Manifesto Economics: Which Promises Survive Contact with Uganda’s Business Reality?

    Jeff WintersThe Big StoryOctober 22, 2025October 22, 2025

    Markets in downtown Kampala remain lively, yet many traders quietly admit sales are slowing and loan costs are biting harder. It is the classic squeeze: weak consumer demand meeting tighter…

    A photo collage of Joseph Nsubuga, an actuary turned executive, who is trying to change the outlook of insurance from being a distant, abstract, and mistrusted industry.

    They Don’t Insure Their Own Assets: Inside Uganda’s Insurance Dilemma and Mirai’s Bet on the Future

    Jeff WintersThe Big StoryOctober 22, 2025October 29, 2025

    In Uganda, where insurance penetration remains below 1% of GDP, at 0.883% in 2024, according to the Insurance Regulatory Authority (IRA), the sector sits in a paradox. On paper, it…

    WPP Scangroup Appoints Akua Brayie Owusu-Nartey as Group CEO and CEO, Ogilvy Africa

    Paul MurungiCompany NewsThe Big StoryOctober 21, 2025October 28, 2025

    WPP Scangroup Plc has announced the appointment of Akua Brayie Owusu-Nartey as the new Group Chief Executive Officer (CEO) and CEO of Ogilvy Africa, effective November 17, 2025.  She will…

    Rotary Club of Bulindo Ready to Lead National Conversation on Financial Literacy

    Paul MurungiCompany NewsThe Big StoryOctober 21, 2025October 28, 2025

    “I was fired with almost no savings, fired with a salary loan, fired with retired parents depending on me, fired with a young daughter in school, and fired with one…

    Coca-Cola Company to Sell Controlling Stake in Coca-Cola Beverages Africa for USD 2.6 Billion

    Paul MurungiCompany NewsThe Big StoryOctober 21, 2025October 29, 2025

    The Coca-Cola Company and Gutsche Family Investments have agreed to sell a controlling 75 percent stake in Coca-Cola Beverages Africa (CCBA) to Coca-Cola Hellenic Bottling Company AG (Coca-Cola HBC) in…

    aBi Finance Limited embodies Uganda’s drive toward inclusive, green, and sustainable finance. The photo represents the institution’s decade-long impact — channeling over $175 million in financing through partner banks, microfinance institutions, and SACCOs to reach 2.2 million smallholder farmers, including 877,000 direct loan beneficiaries, 70% of whom are women. It captures the spirit of aBi Finance’s work in de-risking agriculture, strengthening governance, and building institutional capacity to make agriculture bankable. Through its guarantee mechanisms, ESG integration, and climate adaptation financing, aBi Finance has helped create 300,000 jobs and generated $154 million in community income, particularly across Northern and Eastern Uganda. The image reflects the institution’s partnerships with the EU, Denmark, the Bank of Uganda, and the Uganda Bankers Association, symbolising its role as a catalyst for green finance, inclusion, and resilience in Uganda’s financial sector.

    Q&A: aBi Finance’s Mona Muguma Ssebuliba: Building a Resilient, Inclusive, and Green Financial Future for Uganda’s Agribusinesses

    Muhereza KyamuteteraExecutive ProfilesThe Big StoryOctober 21, 2025October 21, 2025

    Many people remember aBi Trust, but today there is aBi Finance and aBi Development. Could you walk us through the journey and describe aBi Finance’s current strategic position within Uganda’s…

    Daniel Ligyalingi, Maad Advertising Uganda, Uganda advertising industry, financial discipline in advertising agencies, building sustainable ad agencies, media investment management Uganda, Mike Daugherty MCL McCann Uganda, Adris Kamuli Maad Advertising, QG Saatchi & Saatchi Uganda, Warid Telecom advertising campaigns, ethics and integrity in media buying, agency leadership and culture Uganda, Maad Advertising success story, managing agency finances for growth, Uganda creative industry business lessons, CEO East Africa Magazine, East Africa Business News, Uganda Business News, Mad(Wo)Men of Uganda, East Africa creative industry

    An Agency Rises or Falls on How It Handles Its Money: Maad MCann Co-Founder Daniel Ligyalingi on Building Agencies That Endure

    Muhereza KyamuteteraExecutive ProfilesThe Big StoryOctober 19, 2025November 21, 2025

    Let’s begin with your personal journey. How did you first step into the advertising world, and more specifically, the media buying industry? What inspired or influenced that move—were there particular…

    MTN Becomes First African Telco to Reach 300 Million Subscribers

    Muhereza KyamuteteraThe Big StoryOctober 18, 2025October 27, 2025

    A milestone moment for African connectivity MTN Group has cemented its position as Africa’s leading telecommunications company, officially becoming the first African-headquartered telco to surpass 300 million subscribers. The milestone…

    Peter Ssenyange, CFO of PostBank Uganda (now Pearl Bank Uganda Ltd) and Uganda’s CFO of the Year 2025, poses confidently in a navy suit and red tie. His leadership philosophy—anchored in strategy, people empowerment, innovation, and value creation—reflects his belief that a great CFO is both a trusted advisor to the CEO and a custodian of sustainable growth.

    The CFO’s Chief Role is Chief Advisor to the CEO and Custodian of Value: This and many other lessons from Peter Ssenyange, Uganda’s CFO of the Year 2025, on how to be a great CFO

    Muhereza KyamuteteraExecutive ProfilesThe Big StoryOctober 18, 2025October 18, 2025

    When Peter Ssenyange, Chief Finance Officer of PostBank Uganda Limited—now rebranding to Pearl Bank Uganda Limited—walked up to receive the coveted CFO of the Year Award at the 9th Uganda…

    A photo collage of UNBS Executive Director Eng James Kasigwa, UNBS Chairman Eng James Kalibbala, and Trade Minister Francis Mwebase. Various correspondences seen by this website show an agency that has been struggling for months, leading to a probe into the activities of Eng Kasigwa, who has barely spent two years in the executive director job.

    The $30,000 Payment Mystery, MPs’ Trips, Diverted Cash, and a Flawed Appointment: Inside the Scandals Threatening to bring down UNBS Boss James Kasigwa

    Jeff WintersThe Big StoryOctober 17, 2025October 24, 2025

    If the UNBS Executive Director, Eng James Kasigwa, survived the storm that followed his appointment in May 2024, he would need every ounce of luck and loyal allies to survive…

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