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    The Big Story

    The BIG Story

    EABL’s East African footprint: A portfolio spanning Tusker and Guinness in Kenya, Nile and Bell in Uganda, and Serengeti and Konyagi in Tanzania, now offering Asahi immediate scale in a high-growth region, deep route-to-market access, and a platform to expand premium and global brands across East Africa.

    Everything You Need to Know About Diageo’s Sale of its 65% Stake in EABL to Japan’s Asahi Group

    December 18, 2025December 18, 2025 0 Shares
    East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its...

    Letter to My Younger Self: Camila Mindru—”Focus First. Be Brave. Lead With Heart.”

    December 18, 2025December 18, 2025 0 Shares
    Jubilee Life Insurance’s Marketing and Communications Manager on clarity, courage, resilience, and redefining success beyond busyness. In the tricky world of insurance, where reputation is fragile and every message carries...

    What It Really Takes to Lead: Inside the Minds of Uganda’s Most Influential CEOs

    December 18, 2025December 17, 2025 0 Shares
    Have you ever wondered what truly distinguishes a successful CEO from the rest? Beyond titles, corner offices, and headline results, what habits sustain leaders at the very top? That is...

    Diageo to Exit East African Breweries as Asahi Takes Control

    December 17, 2025December 17, 2025 0 Shares
    Uganda Breweries Limited is included among the assets being sold as part of Diageo’s agreement to divest its majority stake in East African Breweries, transferring control of the regional brewing franchise to Japan’s Asahi Group Holdings.
    Global spirits giant Diageo has agreed to sell its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings, marking a significant shift in the ownership of...

    Parliament approves UNOC’s UGX 7 trillion loan from Vitol Bahrain to fund oil refinery, Kenya pipeline shares and storage facilities

    December 17, 2025December 18, 2025 0 Shares
    Parliament has approved a proposal authorising the Uganda National Oil Company (UNOC) to borrow up to USD 2 billion (UGX 7.12 trillion) from Vitol Bahrain E.C. (VBA), a global trader...

    Energy Ministry Orders UEDCL Board to Investigate Top Management Over Performance Gaps

    Paul MurungiGovernment AgenciesMinistries, Agencies & DepartmentsThe Big StoryDecember 5, 2025December 8, 2025

    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…

    Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 

    Paul MurungiBanking & InsuranceThe Big StoryDecember 4, 2025December 4, 2025

    Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank…

    Uganda’s property market mirrors the macro: steady growth, low inflation and a firm shilling support demand. Urbanisation and new industrial cities spread opportunity, but quality supply remains scarce in 2026.

    The Future of Uganda’s Property Market and Where to Invest in 2026

    Jeff WintersThe Big StoryDecember 4, 2025December 4, 2025

    Real estate markets are, at their core, mirrors of the economies they sit within. In advanced economies, that mirror reflects a relatively stable image: steady credit markets, predictable consumer demand,…

    Beyond the Balance Sheet: How Uganda’s Top CFOs Are Forging Legacy Through Purpose, People, and Unwavering Integrity

    Paul MurungiBanking & InsuranceFinanceThe Big StoryDecember 3, 2025December 5, 2025

    Eight finance professionals won ten awards at the 9th edition of the Chief Financial Officer (CFO) Awards 2025 with Peter Ssenyange, CFO, Pearl Bank Uganda Limited emerging the overall CFO…

    Anne Juuko, the outgoing Regional Head, East Africa for Global Markets at Standard Bank Group and former CEO of Stanbic Bank Uganda, photographed during her leadership tenure—her departure marking a major senior-level exit after 13 years with the Group.

    EXCLUSIVE BREAKING NEWS: Anne Juuko Resigns From Standard Bank Group

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipDecember 3, 2025December 3, 2025

    Anne Juuko, previously the Regional Head, East Africa for Global Markets at Standard Bank Group, has resigned her role effective 30th November 2025, CEO East Africa Magazine can exclusively reveal….

    A photo collage of Old Mutual managing director Stephen Chikovore and SanlamAllianz General Insurance chief executive officer Ruth Namuli. SanlamAllianz’s licensed merger has propelled it to Uganda’s second-largest general insurer, capturing 19.8% market share and closing within 1.4 points of Old Mutual in Q3 2025 after years of dominance.

    SanlamAllianz Officially Becomes Uganda’s Second-Largest General Insurer as Market Gap with Old Mutual Narrows Sharply

    Muhereza KyamuteteraThe Big StoryDecember 3, 2025December 3, 2025

    The newly merged SanlamAllianz Uganda has officially become the country’s second-largest general insurer. Market performance report for the 2025 third quarter by Insurance Regulatory Authority (IRA) shows that the merged…

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