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April 16, 2026
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    The Big Story

    The BIG Story

    In November 2024, President Museveni officially launched construction of the Kampala–Malaba Standard Gauge Railway, marking a major milestone in Uganda’s long-delayed efforts to modernise transport and boost regional connectivity.

    Uganda Turns to Citibank After Years of SGR Delays Over Financing

    April 16, 2026April 16, 2026 0 Shares
    Uganda’s decision to contract Citibank to mobilise funding for its Standard Gauge Railway (SGR) marks a significant turning point for a project that has faced years of delays, largely due...

    Cash Is Expensive: Could Lower Mobile Money Taxes Save Uganda Billions?

    April 15, 2026April 16, 2026 0 Shares
    Uganda is paying heavily to keep cash alive. Every year, trillions of shillings are absorbed into an economy still built around physical currency through the systems that print, transport, secure,...

    25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda

    April 15, 2026April 15, 2026 0 Shares
    When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a...

    CMA @30: The Story of Uganda’s Capital Markets – Milestones, Growth, Challenges and the Road Ahead

    April 15, 2026April 15, 2026 0 Shares
    Josephine Okui Ossiya, Chief Executive Officer of Capital Markets Authority, reflects on three decades of market growth, highlighting regulatory innovation, investor confidence, and a vision to position capital markets at the center of Uganda’s economic transformation and future development.
    As Uganda’s capital markets mark three decades of growth, the Capital Markets Authority (CMA) stands at a pivotal moment; transitioning from building foundational structures to driving transformative impact. Since its...

    Airtel Africa CEO Sunil Taldar Targets Uganda for Increased Investment, Citing Strong Growth and Strategic Importance

    April 14, 2026April 14, 2026 0 Shares
    Airtel Africa CEO Sunil Taldar (left) and Airtel Uganda Managing Director Soumendra Sahu during a media engagement in Kampala. Taldar highlighted Uganda as a strategic priority market, noting the strong financial performance and growth delivered under Sahu’s leadership.
    Airtel Africa is setting its sights firmly on Uganda as a key investment destination, with Group CEO Sunil Taldar signalling deeper capital deployment and continued technology rollouts in what he...

    Top Banks Eye Acquisition of Standard Chartered’s Retail and Wealth Business

    Paul MurungiBanking & Financial ServicesThe Big StoryMay 23, 2025May 23, 2025

    Standard Chartered Bank Uganda Chief Executive, Sanjay Rughani has indicated that a number of major banks have expressed interest in acquiring the bank’s Retail and Wealth Business.  The London-based group…

    UEDCL Acquires More UGX 91 billion Loan From Absa Bank To Refurbish Dilapidated Electricity Infrastructure

    Paul MurungiNews & AnalysisPolitics & GovermentThe Big StoryMay 23, 2025May 23, 2025

    Uganda Electricity Distribution Company Limited (UEDCL), which has managed the country’s electricity distribution assets for 53 days since Umeme’s exit, has secured a USD 25 million (UGX 91 billion) loan…

    EXCLUSIVE: Here is a List of UBL Shareholders Who Sold—And Those Who Refused to Sell to EABL

    Paul MurungiEast AfricaNews & AnalysisThe Big StoryMay 22, 2025May 23, 2025

    In an extraordinary act of shareholder resolve, a majority of the minority investors in Uganda  Breweries Limited (UBL) stood their ground against a high-stakes buyout offer from East African Breweries…

    Is EABL Next on the Market as Diageo Steadily Exits Africa?

    CEO East Africa MagazineEast AfricaNews & AnalysisThe Big StoryMay 22, 2025May 22, 2025

    East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent…

    Equity Bank Fires Nearly 200 Staff in Sweeping Integrity Crackdown Following M-Pesa and Account Audit

    CEO East Africa MagazineBanking & Financial ServicesNews & AnalysisThe Big StoryMay 22, 2025May 22, 2025

    Equity Bank Fires Nearly 200 Staff in Sweeping Integrity Crackdown Following M-Pesa and Account Audit Uganda’s UGX 65 Billion Loan Fraud and UGX 4 Billion Visa Losses Reveal Deeper Regional…

    Marketing Guru Juliana Kagwa Appointed New CEO of Uganda Tourism Board

    Paul MurungiHospitality & TourismNews & AnalysisThe Big StoryThe Executive TravelerMay 21, 2025May 21, 2025

    Senior marketing guru Juliana Kaggwa has been appointed the new Chief Executive Officer of the Uganda Tourism Board, replacing Lilly Ajarova, who moved on to a new role as Senior…

    Zamara Uganda Surpasses UGX 1 Trillion in Assets Under Administration

    CEO East Africa MagazineCompany NewsThe Big StoryMay 21, 2025May 21, 2025

    Zamara Uganda, the country’s oldest and largest retirement benefits administrator, has crossed a major milestone—surpassing UGX 1 trillion in assets under administration, covering more than 17,000 members across 42 corporate…

    Charity Mutagamba: Fintechs have to concentrate on creating solutions

    Kisakye ImaniThe Big StoryMay 20, 2025May 29, 2025

    In a world where Fintech is fast reshaping Africa’s economic landscape, few leaders are steering the transformation with the grace, grit, and vision of Charity Mutagamba, the CEO of FinCom…

    Who is Sanjay Awasthi, the Quiet Billionaire Forging Uganda’s Green Steel Revolution at Tembo Steels?

    Paul MurungiBillionairesBusiness & MarketsEntrepreneurshipThe Big StoryMay 20, 2025January 8, 2026

    In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious…

    Equity Bank Uganda Taps NCBA’s Claver Serumaga and Stanchart’s Catherine Psomgen to Reignite Growth

    CEO East Africa MagazineThe Big StoryMay 19, 2025January 20, 2026

    After a turbulent 2023 marked by a rare financial loss and significant executive turnover and a cautious 2024, Equity Bank Uganda is reinforcing its leadership bench with the appointment of…

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