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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...

    Bleeding Ink: New Vision announces financial loss for the year 2024

    CEO ReporterCompany NewsNews & AnalysisThe Big StoryMarch 26, 2025March 27, 2025

    The Vision Group, publisher of the New Vision newspaper, and owner of other affiliated media houses, has announced a loss for the financial year ending December, 2024.  A Board of…

    Uganda Gov’t plans to borrow over UGX 5.8 trillion in a single sitting amid rising debt concerns

    Paul MurungiBanking & Financial ServicesEast AfricaNews & AnalysisPolitics & GovermentThe Big StoryMarch 25, 2025March 25, 2025

    A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…

    Uganda Securities Exchange’s Paul Bwiso is new Chairman of East African Securities Exchanges Association (EASEA)

    Brian EmorutCompany NewsPolitics & GovermentThe Big StoryMarch 25, 2025March 25, 2025

    Paul Bwiso, the Chief Executive Officer of the Uganda Securities Exchange (USE), has been appointed the new Chairman of the East African Securities Exchanges Association (EASEA), following the association’s 34th…

    Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

    Paul MurungiBanking & Financial ServicesBusiness & MarketsEast AfricaThe Big StoryMarch 24, 2025March 25, 2025

    Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…

    Stanbic Uganda Posts Record UGX 478 Billion Profit in 2024, Assets Cross UGX 10 Trillion Mark

    Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryMarch 24, 2025March 24, 2025

    Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda and four other subsidiaries, has announced a record net profit of UGX 478 billion for the financial year…

    How Anisha Muhoozi grew KCCA FC into a UGX 6 Billion Outfit

    Trevor LutaloExecutive ProfilesThe Big StoryWomen In LeadershipMarch 24, 2025March 24, 2025

    On a regular matchday, floodlights blaze across MTN Omondi Stadium as the roar of the crowd pierces through the Lugogo-based stadium.  It is a scene Anisha Shahir Muhoozi has been…

    Another internal fraud case hits Nile Breweries, the Ugandan subsidiary of AB InBev as police investigates large-scale beer theft

    Muhereza KyamuteteraCompany NewsThe Big StoryMarch 23, 2025March 23, 2025

    Just months after launching an investigation into massive marketing and sponsorship fraud involving senior staff, Nile Breweries Limited (NBL), a subsidiary of Anheuser-Busch InBev (AB InBev), is now grappling with…

    Resilience Amid Volatility: PwC 2025 Survey Reveals East African CEOs’ Optimism in a Shifting Landscape

    Muhereza KyamuteteraNews & AnalysisThe Big StoryMarch 23, 2025March 23, 2025

    East African CEOs are charging into 2025 with a sharpened strategic lens—facing volatility with resilience, embracing transformation with intention, and leveraging technology with purpose. PwC’s 28th Annual Global CEO Survey…

    Ali Monzer appointed MTN Rwanda’s new CEO after spending a year in South Sudan

    Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 22, 2025March 22, 2025

     Ali Monzer, a seasoned telecommunications professional has been appointed the new Chief Executive Officer of MTN Rwanda.  He replaces Ms. Mapula Bodipe, a South African national who has been holding…

    Airtel to double investment in its data segment

    Paul MurungiCompany NewsGlobal NewsNews & AnalysisThe Big StoryMarch 22, 2025March 25, 2025

    Airtel’s Managing Director, Mr Soumendra Sahu has confirmed a plan to double Airtel’s investment in data, which will be a key priority this year and beyond, as the telco maintains…

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