Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity, profitable, and increasingly resilient. Regulatory capital sits above 25% of risk-weighted assets, double the global standards. Non-performing loans have fallen from 5.2% to 4.1% in a year, while liquidity coverage ratios have surged to an extraordinary 580%. Returns on equity remain a solid 16 to 17%. In short, Uganda’s banks are safe, liquid, and among the most profitable in the region. Yet behind this impressive stability lies a nagging paradox:…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
When the Federation of Uganda Football Associations (FUFA) unveiled Circular No. 1202 on August 20, 2025, all eyes were on the numbers. For the first time in years, FUFA promised…
Kenya is on the cusp of one of the most significant equity transactions in East Africa in nearly two decades. The Kenyan government plans to sell its 65% controlling stake…
Uganda’s millionaire class is quietly expanding. The country added 100 new dollar millionaires in the 12 months leading up to June 2025. The addition brings the total number of individuals with over $1 million in investable assets to 1,600, according to the Africa Wealth Report 2025 by Henley & Partners. This marks a steady growth from 1,500 in 2022 and a significant jump from 940 in 2021, when the country saw its sharpest increase in wealth despite grappling with the aftermath of the Covid-19 pandemic. Uganda’s dollar millionaire population grew by 45% in 2022 alone, adding 560 individuals in a…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
For years, Africa’s private equity narrative has been shaped by global investors seeking yield in a fast-growing frontier market. But the first half of 2025 has quietly signaled a structural…
Located in the diplomatic heart of Kololo, The Bridge is poised to redefine urban living in Uganda. This extraordinary project will feature two striking towers linked by a skybridge café…
New Vision Printing and Publishing Company, a government-controlled entity, warned last week it will report yet another annual loss. The loss, for the year ending June 2025, is the third in a row. On the surface, this could pass for a broader media downturn – declining print revenues, slower advertising spends, and higher costs. But a closer look at the company’s financials reveals a story of misaligned credit models, underperforming assets, and internal control risks. These are quietly undermining the company’s resilience. The third year of red ink In a statement signed by CEO Don Wanyama, New Vision cited a…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Andrew Ssekamwa, who was appointed Chief Commercial Officer (CCO) at Movit Products Limited in September 2024, has exited the role after just seven months, deepening concerns around executive turnover at the personal care giant. His departure is the latest in a series of high-level exits that have raised questions about talent retention, leadership alignment, and the company’s internal culture. According to inside sources familiar with the development, Ssekamwa’s exit was the result of “incompatibility with the role,” although the company has not issued an official statement on the matter. The source declined to elaborate on whether this was due to…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
