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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...
    Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.

    Uganda’s Banking Paradox: Strong, Profitable, and Liquid but Failing to Power Productive Growth

    CEO East Africa MagazineBanking & Financial ServicesThe Big StorySeptember 29, 2025October 7, 2025

    Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity,…

    Silent Exits, Loud Consequences: HR Experts Explain the True Price of Talent Loss

    Kisakye ImaniThe Big StorySeptember 29, 2025October 6, 2025

    From abandoned clients to drained colleagues and soaring recruitment bills, the cost of talent loss runs deeper than most CEOs admit. In Uganda’s tight talent market, HR experts unpack why…

    The business climate in August 2025 was defined by steady growth and bright expectations for the months ahead, set against the backdrop of tight credit, liquidity pressures, and rising costs.

    Uganda’s Business Confidence Index: Optimism Holds, But Strains Emerge Beneath the Surface

    CEO East Africa MagazineThe Big StorySeptember 28, 2025October 7, 2025

    The private sector entered August on a cautious but hopeful note. Two major business surveys show that while the economy remains on a growth path, financial strain and weak present…

    Cockroach-in-Bottle Controversy Pits Uganda Airlines Against Wavah Water

    CEO ReporterCompany NewsThe Big StorySeptember 28, 2025October 6, 2025

    A leaked internal letter from Uganda Airlines has exposed a bitter dispute with Wavah Water, one of the carrier’s inflight suppliers, over alleged contamination of bottled water served to passengers….

    The Baitwa brothers, Geoffrey Baitwa Bihamaiso and Oscar Rolands Baitwa Businge, are now on the road seeking to recover from a riotous past that has been characterized by multiple court battles.

    Three Ways Shipping: The Baitwa Brothers’ Riotous Decade of Court Battles and Their Bid for Reorganisation   

    CEO East Africa MagazineThe Big StorySeptember 26, 2025October 7, 2025

    On September 4, 2025, Justice Susan Odongo of the Commercial Court Division of the High Court in Kampala ruled against an application by the Baitwa brothers and their company to…

    Uganda telecom tower ownership dispute: Ubuntu Towers founders Geoffrey Donnels Oketayot, Ronald Onzia, and George Arthur Ssamula in legal battle with TowerCo of Africa Ltd (Mauritius) led by billionaire Hassanein Hiridjee, over alleged fraudulent share acquisition, corporate oppression, and takeover of Ubuntu Towers (later renamed TowerCo of Africa Uganda). Case involves MTN Uganda, Airtel contracts, and ongoing High Court proceedings in Kampala.”

    Ugandan Founders Lock Horns with TowerCo of Africa and Hassanein Hiridjee, its billionaire founder, in High-Stakes Telecom Battle

    Muhereza KyamuteteraThe Big StorySeptember 25, 2025September 25, 2025

    In 2019, three Ugandan entrepreneurs — Geoffrey Donnels Oketayot, Ronald Onzia, and George Arthur Ssamula — set out to disrupt the telecom tower industry by founding Ubuntu Towers Uganda Ltd….

    Photo shows KCB Bank Uganda Managing Director Edgar Byamah (right) with Acting Head of IT Willies Ochola. The two executives are leading efforts to strengthen IT oversight, restore customer confidence, and address the UGX 3.2 billion agent banking fraud breach. The incident highlights insider fraud risks, cybercrime threats, and vulnerabilities in Uganda’s fast-growing banking sector, as reported by CEO East Africa Magazine and Uganda Business News.

    Inside the KCB Bank Uganda Agency Banking System Breach: This Is What We Know So Far

    CEO East Africa MagazineThe Big StorySeptember 25, 2025September 25, 2025

    Following a brazen system breach that manipulated the agency banking platform to leading it to make double transactions to bank agents requesting float, CEO East Africa Magazine understands the system…

    Doreen A. Muhangazi, Chief People and Strategy Officer at Pearl Bank Uganda, captured during an exclusive interview on the Bank’s rebrand from PostBank to Pearl Bank. She highlights the new identity as a promise of shared prosperity, rooted in sustainable financial inclusion and entrepreneurship.

    EXCLUSIVE Q&A: Why Uganda’s Postbank Is Rebranding To Pearl Bank  And What It Means For Stakeholders

    Muhereza KyamuteteraNews & AnalysisThe Big StorySeptember 25, 2025October 10, 2025

    Now, in a defining moment, the institution is ushering in a new chapter by rebranding to Pearl Bank Uganda Limited—a transformation anchored in its five-year strategic plan and its enduring…

    For years, the telecom sector has been transformed into a duopoly, largely controlled by MTN and Airtel.

    Uganda Finally Activates Competition Law With New Regulations

    Jeff WintersThe Big StorySeptember 25, 2025September 25, 2025

    After a year in legal limbo, Uganda’s Competition Act has finally come to life. The Competition Regulations, 2025, are now in force, setting the stage for active enforcement of antitrust…

    The case began with consumer complaints in Uganda, Kenya and Egypt. Riders reported being charged more than the fare shown at booking, drivers cancelling after long waits, and being billed for rides that never materialized.

    No More Copy-Paste Contracts: How COMESA Rewrote Uber’s Rules in Africa

    Jeff WintersThe Big StorySeptember 25, 2025September 25, 2025

    After a two-year probe, COMESA’s Competition Commission has forced Uber to rewrite parts of its rider contract. The Commission says the parts of the contracts mislead and unfairly tilt risk…

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