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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...
    NSSF’s 2024/25 Annual Performance at a glance — Assets Under Management rose 17.5% to UGX 26 trillion, total revenue grew 11% to UGX 3.52 trillion, and the Fund achieved record efficiency with a cost-to-income ratio of 7.9% and cost of administration at 0.88%. Member contributions reached UGX 2.13 trillion, benefits paid increased to UGX 1.32 trillion, voluntary Smartlife Flexi savings hit UGX 27 billion, and customer satisfaction stood at 88%.

    NSSF 2024/25 PERFORMANCE: Ayota Doubles Down on Trust, Sustains Two Years of Rapid Growth

    Muhereza KyamuteteraThe Big StorySeptember 11, 2025September 11, 2025

    When Patrick Michael Ayota was appointed Acting Managing Director of the National Social Security Fund (NSSF) in December 2022, he stepped into an institution in the midst of a politically…

    (Left to right): Stanbic’s Executive Director and Head, Personal & Private Banking, Samuel F. Mwogeza, Head of Wealth and Investment, Bernice Mvano, Head of Personal Banking, Israel Arinaitwe and Head of Private Banking, Arthur Kiwanuka. The team is reshaping how families think about money, legacy, and the futures yet to be written.

    Building Generational Wealth: Inside Stanbic’s Personal & Private Banking Transformation

    Paul MurungiThe Big StorySeptember 11, 2025September 16, 2025

    In a fast-changing Uganda, the definition of wealth is shifting. It’s no longer just about today’s comfort — it’s about building legacies that last. Across the country, more people are…

    Gold earnings, according to data from Bank of Uganda had in the five years to June 2014 averaged at $4.7 million annually, but have since surged to $4.2 billion.

    Gold Export Story: A Decade of Boom, Surge to a $4.2 Billion Forex Earner and How it Has Become One of Uganda’s Most Important Resource

    CEO East Africa MagazineThe Big StorySeptember 10, 2025September 16, 2025

    For the past decade, gold has quietly emerged as Uganda’s single largest export earner, reshaping the country’s trade profile and foreign exchange inflows. But the journey has been anything but…

    Vincent Bolloré’s acquisition of MultiChoice Group, which owns DStv, GOtv, Showmax, and SuperSport, among others, is a strategic move that aligns with his control over media platforms across Africa.

    Who Is Vincent Bolloré? The French Billionaire Behind MultiChoice Takeover

    CEO East Africa MagazineThe Big StorySeptember 9, 2025September 16, 2025

    Vincent Bolloré, born in 1952 in Boulogne-Billancourt, France, inherited and transformed his family’s modest paper-manufacturing business into a sprawling, multinational conglomerate.  Under his leadership, Bolloré Group expanded into diverse sectors,…

    The public will have 14 days within which they will provide views on the latest step in a transaction that has been making headlines across Africa since South Africa’s Competition Tribunal approved the acquisition of MultiChoice Group by Groupe Canal+ in July.

    Canal+’s $3 Billion Takeover of MultiChoice Faces Regulatory Review in Uganda

    CEO East Africa MagazineThe Big StorySeptember 9, 2025September 16, 2025

    Ugandans will determine whether French media giant Groupe Canal+ effectively completes the takeover of South Africa’s MultiChoice and GOTV in Uganda. The move is part of a larger acquisition in…

    Q&A With Yogi Biriggwa On Rebuilding the Uganda Tourism Association (UTA): A Year of Renewed Purpose, Repositioning and Progress 

    Muhereza KyamuteteraCompany NewsThe Big StoryWomen In LeadershipSeptember 9, 2025September 9, 2025

    Q: Madam President, one year in — how would you describe the journey so far? A: It has been a deeply purposeful and rewarding journey. When we took office in…

    The rise in the number of elderly Ugandans has been due to a rising life expectance, which according to the 2024 Population and Housing Census, rose to 68.5 years from 63.7 years in 2014.

    Silver Lining: Why Eldercare Could Be Uganda’s Next Big Growth Frontier

    CEO East Africa MagazineThe Big StorySeptember 8, 2025September 8, 2025

    Uganda is traditionally viewed as one of the world’s youngest nations, with nearly half the population under 18. Yet behind this youthful imagery lies a silent demographic shift: the number…

    Stanbic Bank Uganda’s Home Loans Manager stands with Universal Properties CEO Zoeb Yeolawala during the launch of the bank’s mortgage solution.

    Stanbic Under Spotlight for Mortgage Partnership with Developer Flagged by IGG for Unsafe, Substandard Housing

    CEO East Africa MagazineThe Big StorySeptember 8, 2025September 8, 2025

    For most working Ugandans, the dream of owning a decent home remains just that—a dream. With soaring construction costs, high interest rates, and a complex mortgage application process, many lower-middle-class…

    Joshua Oigara Shares Masterclass on CEO–Board Alignment

    Paul MurungiThe Big StorySeptember 8, 2025September 10, 2025

    Former Stanbic Bank Kenya CEO and recently the Regional Chief Executive for Stanbic, East Africa, Joshua Oigara has shared a concise but powerful set of principles on building alignment between…

    Baker Magunda, Partner at MANATI Africa International, smiling while speaking at a corporate event.

    Pepsi Taps Three Ex-Diageo Executives to Lead Two-Year Market Re-Ignition in Kenya

    Muhereza KyamuteteraExecutive ProfilesThe Big StorySeptember 7, 2025September 10, 2025

    SBC Kenya Ltd, the official bottler of PepsiCo beverages in Kenya, has engaged MANATI Africa International Ltd, a boutique FMCG consultancy firm, to spearhead its renewed push in Kenya’s competitive…

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