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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...

    OPINION: As a Stanbic Shareholder, Here’s What I’m Seeing in Uganda’s Banking Sector (2024)

    Kenneth Legesi, CFAThe Big StoryThought LeadershipApril 22, 2025April 22, 2025

    I’ve been a minority shareholder in Stanbic Bank Uganda for a while now. And like many retail investors, I occasionally take an interest in their performance, most times I just…

    Pope Francis: The third visiting Pope who left an indelible mark on Uganda in 2015

    Paul MurungiThe Big StoryApril 21, 2025April 21, 2025

    27th November, 2015 will forever be etched in history as a memorable day of the third papal visit to Uganda, and remains a symbol of religious significance to many Catholic…

    A leap out of the Covid-19 mess: Uganda’s tourism numbers returning to pre-2020 levels

    Trevor LutaloHospitality & TourismNews & AnalysisThe Big StoryApril 21, 2025April 21, 2025

    Covid-19 pushed the tourism sector on the edge – almost to near collapse – non had ever imagined. It was a global disaster, but one that hurt Uganda’s tourism value…

    Government to reduce missions abroad to 15 – Minister Mulimba

    Brian EmorutPolitics & GovermentThe Big StoryApril 18, 2025April 18, 2025

    The Minister of State for Foreign Affairs (Regional Affairs), Hon. John Mulimba has revealed that the Ministry of Foreign Affairs will reduce the number of diplomatic missions abroad from the…

    Absa Bank Uganda Reports UGX178bn in Net Profit, Backed by Strong Double-Digit Growth Across Key Fundamentals

    Muhereza KyamuteteraThe Big StoryApril 17, 2025April 17, 2025

    Absa Bank Uganda has announced robust financial performance for the year ended December 31, 2024, registering a 22% increase in net profit to UGX 178 billion, up from UGX 145.76…

    Elon Musk’s Starlink submits application to UCC to begin operations in Uganda 

    Paul MurungiBusiness & MarketsEast AfricaNews & AnalysisThe Big StoryApril 17, 2025April 17, 2025

    Starlink, a satellite internet service under American billionaire Elon Musk’s SpaceX company, has submitted an application to obtain a license from Uganda Communications Commission (UCC).  The license will allow Starlink…

    Airtel Uganda Introduces Africa’s First AI-Powered Spam Alert Service to Combat Digital Fraud

    Paul MurungiCompany NewsThe Big StoryApril 16, 2025April 17, 2025

    Airtel Uganda today unveiled its ground breaking AI-powered Spam Alert Service, becoming the first telecommunications provider in East Africa to offer network-level protection against fraudulent messages. This launch also makes…

    Claver Serumaga Continues Turnaround of NCBA Tanzania; Net Profit Grows 26% to TZS 25.5 bn

    Muhereza KyamuteteraThe Big StoryApril 15, 2025April 16, 2025

    In 2024, NCBA Bank Tanzania posted its highest-ever net profit, closing the year with TZS 25.5 billion in after-tax earnings, a 26% increase from the previous year. The bank’s profit…

    Hard-Learned Lessons from Grace Munyirwa on Private Equity and Venture Capital That Every Founder Must Know

    Muhereza KyamuteteraNews & AnalysisThe Big StoryApril 15, 2025April 15, 2025

    Grace Munyirwa never set out to be a pharmacist. His journey into the pharmaceutical industry was purely by chance. With a background in chemistry, his original dream was to become…

    Emin Pasha Hotel and Proprietor’s Assets Listed for Auction Amid Broader Financing Pressures in Uganda’s Tourism Sector

    CEO East Africa MagazineThe Big StoryApril 15, 2025April 15, 2025

    The Emin Pasha Hotel, one of Uganda’s pioneering luxury boutique hospitality brands, has been listed for sale alongside other high-value properties belonging to its proprietor, Lokulie Kennedy Erestus Losuk. The…

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      • 100 Leading & Admired CEOs
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