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April 2, 2026
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    The Big Story

    The BIG Story

    Customers withdraw cash from an ATM, a routine transaction at the center of policy debate after government dropped plans to introduce a tax on all cash withdrawals.

    Govt Abandons Plan to Tax all Cash Withdrawals

    April 2, 2026April 2, 2026 0 Shares
    Government has abandoned a proposed 0.25% excise duty on cash withdrawals from the financial system. The proposal, initially fronted under the 2026/27 Revenue Enhancement and Compliance Measures, was part of...

    World Bank Ready to Fund Standard Gauge Railway Following Talks with President Museveni

    April 1, 2026April 2, 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 Museveni at State Lodge, Nakasero. The financial pledge adds fresh...

    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...

    Government Loses as Billionaire Businessman John Ssebalamu Secures Landmark Ruling in UGX 7.7bn Land Dispute — But Court Awards Him UGX 550m

    Muhereza KyamuteteraLegal & JusticeThe Big StorySeptember 15, 2025September 15, 2025

    When billionaire businessman John Ssebalamu acquired twenty parcels of land in Rubaga, Kampala, his vision was to build a state-of-the-art shopping mall that would transform the city’s retail landscape. The…

    Prof. Adolf Mbaine and Muhereza Kyamutetera, leaders of CMIS Africa, advancing sustainable journalism innovation in Uganda and Africa through ethical reporting, media capacity building, and digital transformation.

    Prof. Adolf Mbaine Named Chairman, Muhereza Kyamutetera Appointed Executive Director of CMIS Africa

    Muhereza KyamuteteraThe Big StorySeptember 15, 2025September 15, 2025

    The boards of CEO East Africa Magazine and The Firm Ltd have announced two landmark leadership appointments at the newly established Centre for Media Innovations & Sustainability (CMIS Africa).  Muhereza…

    Instead of paying out everything after the concession ended in March, the trustees of the Umeme Retirement Pension Scheme decided to take a gamble, by holding on Umeme shares, which have proved difficult to dispose of at the moment.

    How Umeme’s Pension Cash Got Stuck in Arbitration Risk

    Jeff WintersThe Big StorySeptember 15, 2025September 15, 2025

    The Umeme Staff Pension Scheme was supposed to be like any other pension fund—steady, predictable, and focused on making sure members get their money on time. But instead of just…

    From Fortune to Fallout to Financial Freedom: Kakurah Ninsiima’s Mission to Build East Africa’s Generational Wealth

    Kisakye ImaniBanking & Financial ServicesThe Big StorySeptember 15, 2025September 15, 2025

    From a childhood of abundance to the humbling lessons of loss, Ninsiima Kakurah’s journey spans continents and careers—culminating in a mission to equip East African families with the tools, strategies,…

    KCB Bank’s Agent Banking System Hit By A Glitch; Billions Feared Lost

    Muhereza KyamuteteraThe Big StorySeptember 14, 2025September 15, 2025

    KCB Bank Uganda is grappling with the aftermath of a major glitch in its agent banking system that, according to credible reports, resulted in agents across the country receiving more…

    A photo collage of Goodra Tumusiime Behakanira and NSSF Managing Director Patrick Ayota. NSSF is seeking to recover money for the space occupied at a section of the former J&M Airport Road Hotel.

    NSSF Seeks Recovery of UGX708 Million in Unpaid Rent from Former Avemar Shopping Mall Owner

    CEO East Africa MagazineThe Big StorySeptember 13, 2025September 16, 2025

    The National Social Security Fund (NSSF) is seeking to recover more than UGX708 million in unpaid rent arrears due to Goodra Tumusiime Behakanira. Goodra, a Kampala businesswoman, is the widow…

    Ecobank, DBSA and RMB seal a landmark €230m facility for Uganda, with Ecobank Uganda leveraging Pan-African expertise to fund healthcare, roads, power, and education.

    Ecobank Leads Landmark €230 Mn Syndicated Facility for Uganda’s Infrastructure Development

    Muhereza KyamuteteraThe Big StorySeptember 13, 2025September 13, 2025

    In a landmark financial transaction that underscores the growing role of syndicated financing in Africa, Ecobank, the Development Bank of Southern Africa (DBSA), and FirstRand Bank Limited, acting through its…

    Portrait of a CEO from an award-winning East African financial institution featured in the Global Banking & Finance Review Awards 2025.

    East African Financial Institutions Win Big in the Global Banking & Finance Review Awards 2025

    Muhereza KyamuteteraThe Big StorySeptember 12, 2025September 12, 2025

    East Africa’s banking and financial services industry continues to shine on the global stage, with leading institutions from Uganda, Rwanda, Kenya, and Tanzania securing multiple honours at the prestigious Global…

    Letshego Uganda 20th Anniversary – Giles Aijukwe with partners, customers, and community members showcasing two decades of financial inclusion, affordable credit, and digital innovation for underserved markets.

    20 Years, Millions of Lives Changed – The Letshego Uganda Story

    CEO East Africa MagazineBusiness & MarketsThe Big StorySeptember 12, 2025September 12, 2025

    For two decades, Letshego Uganda has been more than a lender; it has been a partner in possibility. Since its entry in 2005, the institution has grown from a niche…

    From Fruit Salads to a Meat Empire: How Diana Nabukenya Adeyemi Built Yo Nyama into a Halal Powerhouse

    Kisakye ImaniThe Big StorySeptember 11, 2025September 12, 2025

    From losing her entire herd overnight to building one of Uganda’s fastest-growing meat brands, Diana Nabukenya Adeyemi’s journey is a testament to resilience, vision, and the power of value addition….

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      • 100 Leading & Admired CEOs
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      • Product of the Week
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