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    The Big Story

    The BIG Story

    Banking on Prosperity: How Stanbic is Powering Uganda’s Rising Middle Class

    April 13, 2026April 13, 2026 0 Shares
    By Sam Fredrick Mwogeza  When many people talk about wealth, it seems like an impossible dream, and based on their modest incomes, certainly unattainable in their lifetimes. But with the...
    Zahid Mustafa (left), CEO of I&M Bank Tanzania, with Muhereza Kyamutetera (right), Executive Editor of CEO East Africa Magazine, during a conversation on leadership, strategy, and regional integration.

    Inside Zahid Mustafa’s Turnaround Playbook: How I&M Bank Tanzania Reclaimed Growth and Relevance

    April 13, 2026 0 Shares
    This integration extends beyond trade. Tourism and human mobility are equally regional, with nearly 78% of Uganda’s international visitors coming from neighbouring East African countries, reflecting a region that is...

    Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

    April 11, 2026April 11, 2026 0 Shares
    The Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly...

    Strong Vote of Confidence: Mbire Reappointed MTN Uganda Chairman

    April 10, 2026April 10, 2026 0 Shares
    Shareholders of MTN Uganda have overwhelmingly endorsed Charles Mbire for another term as Board Chairman, reaffirming confidence in his leadership during the company’s Annual General Meeting (AGM) on Friday Morning.  ...

    Unresolved Commercial Disputes Climb to UGX 3.5 Trillion as Chief Justice Zeija and BoU Governor Atingi-Ego Push for ADR

    April 10, 2026April 10, 2026 0 Shares
    Chief Justice Dr Flavian Zeija (left) and Bank of Uganda Governor Dr Michael Atingi-Ego, whose joint call for expanded use of ADR highlights growing concern over trillions of shillings locked in court disputes and the urgent need to unlock capital for economic growth.
     At least UGX 3.5 trillion is currently locked in unresolved commercial disputes within Uganda’s court system—capital that cannot be reinvested, circulated, or deployed productively in the economy. That stark reality...

    NSSF Projects UGX 3 Trillion in Income, UGX 25 Trillion in Assets at Close of Financial Year

    Paul MurungiBanking & Financial ServicesThe Big StoryJune 20, 2025June 20, 2025

    The National Social Security Fund (NSSF) is projecting robust performance at the close of the Financial Year 2024/25, with income expected to reach UGX 3 trillion and assets under management…

    Serena Hotel Kampala is among some of the properties owned by Nile Hotel International, managed by TPS under a concession.

    Is Nile Hotel Sitting on Gold but Mining Dust?

    CEO East Africa MagazineHospitality & TourismLifestyleThe Big StoryThe Executive TravelerJune 20, 2025June 21, 2025

    Nile Hotel International, a government-owned company that holds valuable land and buildings mostly for leasing purposes – including the spot where the five-star Kampala Serena Hotel sits — is making…

    The Auditor General found that UBC, which is led by Winston David Agaba, holds UGX318.79 billion in property, plant, and equipment, but over UGX26.32 billion worth of assets have been effectively declared worthless, yet continue to be used without revaluation.

    UBC Audit: A Sound Balance Sheet Masking Structural Fatigue

    CEO East Africa MagazineTechnology & InnovationThe Big StoryJune 20, 2025June 21, 2025

    On paper, Uganda Broadcasting Corporation (UBC) is financially sound. Yet, a deeper analysis of Auditor General Edward Akol’s report for the 12 months to June 2024 reveals a troubled national…

    New Vision managing director Don Wanyama (left) and chairman Patrick Ayota, an audit report says, have to work on closing existing small leakages because they have the potential to worsen an already fragile financial position.

    Intact on Paper, yet Vulnerable: Audit reveals New Vision’s slow-burning financial strain

    CEO East Africa MagazineTechnology & InnovationThe Big StoryJune 20, 2025June 21, 2025

    New Vision Printing and Publishing Company Limited remains profitable, solvent, and fully compliant, according to the Auditor General’s 2024 report. Whereas Auditor General Edward Akol gives the media conglomerate a…

    Uganda Wins Bid to Host 2025 UNESCO Africa Engineering Week and Conference at Speke Resort Convention Centre

    Muhereza KyamuteteraHospitality & TourismSponsored ContentThe Big StoryJune 20, 2025June 20, 2025

    Uganda has secured the bid to host the 2025 UNESCO Africa Engineering Week and Conference at the state-of-the-art Speke Resort Convention Centre (SRCC), a landmark venue that has rapidly positioned…

    Audit Exposes Gaps in Financial Intelligence Authority: UGX 31.2 billion Spent, But Key Mandates Missed

    Paul MurungiBanking & Financial ServicesThe Big StoryJune 19, 2025June 21, 2025

    Beneath the spotless surface of a perfectly balanced budget, the Financial Intelligence Authority (FIA) is grappling with deeper issues of missed targets, shifting priorities, and implementation failures, an audit report…

    Audit Exposes Deep Cracks in Microfinance Support Centre’s Lending and Performance Strategy

    Paul MurungiBanking & Financial ServicesThe Big StoryJune 18, 2025June 21, 2025

    A damning audit into the operations of the Microfinance Support Centre Limited (MSCL) reveals a sobering trail of missed targets, poor loan recovery, underutilised funds, and a ballooning portfolio of…

    Could Musa Mageere be Preparing to Take Over the Reins at Luuka Plastics?

    Kisakye ImaniThe Big StoryJune 17, 2025June 18, 2025

    For almost two decades now, Musa Mageere, his social media profiles indicate, has worked at Luuka Plastics, steadily rising ranks from a production trainee to executive director. His rise has…

    LAST DAYS: How UMRA Failed Uganda’s Most Vulnerable Borrowers

    Paul MurungiBanking & Financial ServicesThe Big StoryJune 17, 2025June 21, 2025

    As the sun prepares to set on the Uganda Microfinance Regulatory Authority (UMRA), a withering report by the Auditor General lays bare a sobering truth.  In just 12 months before…

    (Left to Right) MTN Uganda Chairman Charles Mbire, MTN Uganda chief executive officer Sylvia Mulinge, and MTN Mobile Money managing director Richard Yego, will, on July 2, be part of an extraordinary meeting where shareholders will vote on the proposed spin-off of MoMo, the Fintech unit from the telco, MTN Uganda.

    Spinning off value? MoMo’s exit tests MTNU’s shareholder promise

    CEO East Africa MagazineBanking & Financial ServicesGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryJune 17, 2025June 17, 2025

    Uganda’s biggest Fintech, MTN Mobile Money (MoMo), is moving out of the family home. Long treated as just another product line within the telecom’s machinery, MoMo is being carved out…

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