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April 17, 2026
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    The Big Story

    The BIG Story

    Benard Paul Mono, Acting Director General of the East African Development Bank (EADB), says the “giant is awake” as the Bank moves to accelerate lending, deepen regional partnerships, and grow its loan book to USD 600 million by 2027.

    The Giant is Awake—and Open for Business: EADB Targets USD 600 Million by 2027 — A Q&A with Acting Director General Benard Paul Mono

    April 17, 2026April 17, 2026 0 Shares
    At the end of 2024, EADB reported total assets of approximately USD 506 million, but only about 30% of that balance sheet was deployed into customer lending. A significant portion...
    State Trade Minister Wilson Mbasu Mbadi and UDC Executive Director Patrick Birungi engage during a visit to present key UDC documents, including the UDC Strategic Plan, the UDC Act 2016, and the corporation’s profile, as part of efforts to align on its mandate and future investments. However, growing concern in Parliament has emerged over the corporation’s dominant share of trade sector funding.

    UDC Set to Take 82% of Trade Ministry Budget, Raising Concern Among MPs

    April 17, 2026April 17, 2026 0 Shares
    Members of Parliament (MPs) have raised a red flag after learning that a single entity is lined up to take the lion’s share of funding for the Ministry of Trade....

    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
    David Wandera, Managing Director of Absa Bank Uganda — the first Ugandan to lead the bank in its over 90-year history — whose first full year at the helm delivered a 25% surge in profits, 46% growth in deposits, and a balance sheet that crossed the UGX 7 trillion mark, signalling a new phase of scale, discipline, and momentum.
    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...

    EADB ready to finance viable development projects and businesses 

    Paul MurungiBanking & Financial ServicesBusiness & MarketsC-Suite LeadershipCompany NewsEast AfricaGlobal NewsManufacturing & IndustryNews & AnalysisPolitics & GovermentThe Big StoryFebruary 11, 2025February 12, 2025
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    Bank of Uganda Moves to Establish a Cyber Incident and Forensics Investigation Laboratory

    Muhereza KyamuteteraCompany NewsPolitics & GovermentThe Big StoryFebruary 11, 2025February 12, 2025
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    Who is Godfrey Ssemugooma, the newly appointed Acting Accountant General at the Ministry of Finance? 

    Paul MurungiBanking & Financial ServicesBusiness & MarketsCompany NewsExecutive ProfilesGlobal NewsNews & AnalysisThe Big StoryFebruary 10, 2025February 17, 2025
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    CONFIRMED: President Museveni appoints Dr. Micheal Atingi-Ego as BoU Governor, to be deputised by Prof. Nuwagaba

    Paul MurungiBanking & Financial ServicesBusiness & MarketsC-Suite LeadershipCompany NewsEast AfricaGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryFebruary 10, 2025February 10, 2025
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    IN THE HOT SEAT: Will Benon Kajuna finally revive Uganda’s ailing Railway system? 

    Paul MurungiBanking & Financial ServicesBusiness & MarketsCompany NewsDestinations & HotelsEast AfricaExecutive ProfilesGlobal NewsNews & AnalysisThe Big StoryFebruary 10, 2025February 10, 2025
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    What Does the 40% Cut to the Tourism Budget Mean for Uganda’s Top Foreign Exchange Earner?

    Trevor LutaloGlobal NewsHospitality & TourismPolitics & GovermentThe Big StoryThe Executive TravelerThought LeadershipFebruary 10, 2025February 10, 2025
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    Tourism Sector 2025/26 Budget Cuts: Government Should Put Money Where Its Mouth Is

    Muhereza KyamuteteraHospitality & TourismThe Big StoryThought LeadershipFebruary 10, 2025February 12, 2025
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    President Museveni appoints Dr. Lilly Ajarova as Senior Presidential Advisor on Tourism

    Paul MurungiBusiness & MarketsDestinations & HotelsEast AfricaHospitality & TourismNews & AnalysisPolitics & GovermentThe Big StoryThe Executive TravelerWomen In LeadershipFebruary 7, 2025February 8, 2025
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    Uganda’s private sector registers decline in business conditions-Stanbic Bank survey

    Paul MurungiBanking & Financial ServicesBusiness & MarketsCompany NewsManufacturing & IndustryNews & AnalysisTechnology & InnovationThe Big StoryFebruary 6, 2025February 6, 2025
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    CAPITAL MARKETS AUTHORITY: Collective Investment Scheme Assets exceed US$ 1 billion (UGX 3.85 trillion) in Assets under management

    Brian EmorutCompany NewsNews & AnalysisPolitics & GovermentThe Big StoryFebruary 6, 2025February 6, 2025
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    CEO East Africa
     
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