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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...

    PURPOSE-DRIVEN & READY TO LEAD: Ruth Doreen Mutebe Reflects on 19 years of Leading Audit & Finance at top Organisations and, most recently, Umeme

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipMarch 31, 2025March 31, 2025

    As she steps away from her role as Chief Internal Auditor at Umeme Limited, in this interview with CEO East Africa Magazine’s Muhereza Kyamutetera, she reflects on her journey of…

    Businessman Haruna Sentongo, A Brother to Billionaire Businessman Hamis Kiggundu, Ordered to Pay UGX 10.38 Bn to I&M Bank or Lose Property

    Brian EmorutLegal & JusticeNews & AnalysisThe Big StoryMarch 30, 2025March 30, 2025

    In a recent ruling that has captured the attention of Uganda’s business community, businessman Haruna Sentongo, the brother of billionaire businessman Hamis Kigundu, has been ordered by Uganda’s Court of…

    Equity Group reports Kshs 60.7 billion Profits Before Tax, driven by Strategic Diversified Growth

    Brian EmorutCompany NewsNews & AnalysisSponsored ContentThe Big StoryMarch 29, 2025March 29, 2025

    Equity Group Holdings Plc continues to deliver solid financial results, underpinned by the Group’s strategic focus on diversification, innovation, and regional expansion. With strong liquidity, capital buffers, and robust regional…

    The Umeme buyout heat that is threatening to turn chaotic

    Paul MurungiBusiness & MarketsEast AfricaNews & AnalysisThe Big StoryMarch 28, 2025March 28, 2025

    The current rope pulling and shoving offer an insight into what is turning out to be an interesting twist in the exit of Umeme.  Until a few days ago, the…

    Powering Shared Prosperity: How MTN’s Growth is Connecting Ugandans to More Opportunity, Inclusion, and Growth

    Muhereza KyamuteteraNews & AnalysisThe Big StoryMarch 27, 2025March 27, 2025

    In 2024, MTN Uganda delivered more than just record-breaking financial results—it delivered measurable national impact. With UGX 641.5 billion in net profit, UGX 1.3 trillion in total tax contributions, and…

    Auditor General recommends UGX 433 billion Buyout amount as Umeme seeks UGX 858 billion

    Paul MurungiEast AfricaLegal & JusticeNews & AnalysisThe Big StoryMarch 27, 2025March 28, 2025

    Uganda Parliament Speaker, Anita Among has today received the Auditor General’s report on Umeme which recommends a USD 118 (UGX 433 billion) Buyout amount for the unrecovered investments.  Speaker Among…

    Media Maverick Julius Kyazze Acquires Stake in NRG Radio; Promises a New Future and Push into New Markets

    Muhereza KyamuteteraCompany NewsThe Big StoryMarch 27, 2025March 27, 2025

    Julius Kyazze, one of Africa’s emerging most influential figures in entertainment and creative enterprise, has officially ventured into broadcast media, acquiring a significant stake in NRG Radio Uganda through its…

    EACOP secures external financing from five regional banks

    Paul MurungiBusiness & MarketsGlobal NewsThe Big StoryMarch 26, 2025March 27, 2025

    EACOP Ltd., the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania has closed…

    Pay Tv service providers lost 47,000 of subscribers in 2024

    Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 26, 2025March 26, 2025

    Pay television service providers lost at least 31.9% subscribers in the 12 months to December 2024, according to the Uganda Communications Commission (UCC) Market Performance Report. The loss is contained…

    MTN Group and Airtel Africa agree to network sharing in Uganda and Nigeria

    Brian EmorutNews & AnalysisThe Big StoryMarch 26, 2025March 27, 2025

    MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria, while ensuring compliance with local regulatory and statutory requirements.  In a joint statement published…

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