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April 22, 2026
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    Business News East Africa

    Elias Edu took charge of NIC Holdings amid fragile market share, capital constraints, and profit volatility, tasked with restoring growth, strengthening the balance sheet, and turning legacy into a lasting competitive advantage.

    Will Elias Edu Confront NIC Holdings’ Falling Market Share?

    Jeff WintersThe Big StoryFebruary 11, 2026February 12, 2026

    For much of Uganda’s post-independence history, NIC Holdings occupied a privileged position in the country’s insurance landscape. Established in 1964 as National Insurance Corporation, NIC was once the dominant underwriter…

    Dilip Pal, Safaricom’s CFO, is a seasoned finance leader whose calm, disciplined approach to strategy and execution reflects decades of experience guiding complex organisations across Africa and Asia.

    What Hunting Lions of Kenya’s Maasai Mara Taught Dilip Pal, Safaricom’s CFO, About Strategy & Execution

    Muhereza KyamuteteraThe Big StoryFebruary 10, 2026February 10, 2026

    On a recent visit to Kenya’s Maasai Mara, Dilip Pal was not in a boardroom, a strategy offsite, or a finance review. He was watching lions. What unfolded before him,…

    Tracy Kakuru Otatiina left the predictability of corporate life to build her own bridal business, turning creativity into enterprise and redefining success on her own terms, one gown and bride at a time.

    From Brand Strategy to Bridal Luxury: The Making of Tracy Kakuru Otatiina

    CEO East Africa MagazineFashion, Design & StyleFebruary 10, 2026February 10, 2026

    Tracy Kakuru Otatiina is a brand strategist turned entrepreneur whose career is defined by purposeful storytelling. With a foundation in corporate communications and global brand management, she has mastered the…

    IMF wants Uganda to introduce VAT on fuel and cut excise duty to boost revenues, warning that poor sequencing could fuel public backlash and economic pressure.

    IMF Wants Govt to Introduce VAT on Fuel

    CEO East Africa MagazineThe Big StoryFebruary 9, 2026February 9, 2026

    The International Monetary Fund (IMF) has urged government to introduce Value Added Tax (VAT) on fuel products as part of a broader strategy to strengthen domestic revenue mobilization and improve…

    Sanjay Rughani faces his defining test as Standard Chartered Uganda exits retail banking: turning a leaner, corporate-focused strategy into sustainable profits, disciplined returns, and lasting relevance in a tougher market.

    Sanjay Rughani and the Test of a Leaner Standard Chartered Bank

    Jeff WintersThe Big StoryFebruary 9, 2026February 9, 2026

    Last week’s signing between the Government of Uganda and Standard Chartered Bank offered a reminder of the institution’s enduring strength. The €641.1 million (UGX 2.75 trillion) financing package, covering power…

    As Absa Uganda enters consolidation, 2026 will test David Wandera’s leadership, integration skill, and ability to sustain momentum, carrying national expectations as the bank’s first Ugandan Managing Director forward decisively.

    All Eyes on David Wandera: Why 2026 is a Critical Year for Absa

    Jeff WintersBanking & Financial ServicesThe Big StoryFebruary 8, 2026February 8, 2026

    There is a saying that when you are entrusted with the responsibility of representing your country, you must give your very best, because you are carrying the weight and expectations…

    Entering 2026, Don Wanyama leads Vision Group through losses, state scrutiny and a fragile turnaround, tasked with restoring profitability, credibility and independence at Uganda’s most influential media house today nationwide.

    All Eyes on Don Wanyama: Inside Vision Group’s Hardest Year – Will his Turnaround Strategy Deliver in 2026?

    Jeff WintersThe Big StoryFebruary 5, 2026February 5, 2026

    As Don Wanyama walks into 2026, he does so with more than a balance sheet to defend. He carries the weight of a national institution under financial strain, the expectations…

    off-plan housing boom is growing faster than regulation, leaving buyers exposed to defective homes, financial loss, and unclear accountability in a market built on promises rather than protection.

    Uganda’s Property Boom Is Outpacing Its Laws

    Jeff WintersReal Estate & ConstructionFebruary 4, 2026February 4, 2026

    As more Ugandans invest their savings and take out loans to buy homes, particularly through off-plan developments, the country’s booming property market is exposing buyers to growing financial, safety, and…

    With only a few days’ fuel in reserve, limited storage leaves Uganda exposed to shipment delays, regional disruptions, and sudden price shocks, turning minor supply hiccups into national energy crises.

    How Storage Gaps Continue to Threaten Uganda’s Fuel Security

    Jeff WintersThe Big StoryFebruary 3, 2026February 3, 2026

    Fuel supply is working better than it used to, but only just, according to data from the Office of the Auditor General.   The numbers suggest progress, yet they also…

    Chairman and Director Conflict Resolution Tim Fletcher, CEO and Managing Partner Brent Williams, and Kenya Managing Partner Sammy Ndolo anchor Cliffe Dekker Hofmeyr’s rise in in both South Africa and East Africa, combining strategic leadership, execution discipline, and local insight as the firm quietly steers the region’s most complex, multibillion-dollar cross-border transactions.

    Who is Cliffe Dekker Hofmeyr, the law firm advising the $3 bilion Vodacom-Safaricom and Nedbank-NCBA Bank Deals?

    Jeff WintersThe Big StoryJanuary 30, 2026January 30, 2026

    When two of East Africa’s largest corporate transactions, together valued at nearly $3 billion, required legal advisers, the mandates converged on a single firm. That firm is Cliffe Dekker Hofmeyr…

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    Latest Stories

    • Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, more efficient vehicles.
      Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses
      by Jeff Winters
      April 21, 2026
    • Attorney General Kiryowa Kiwanuka defends the Bill as a transparency tool, Uganda Bankers Association head Wilbrod Owor warns of risks to capital flows, while journalist Charles Onyango-Obbo questions its sweeping definitions, together reflecting the legal, economic, and public tensions shaping debate over Uganda’s proposed Protection of Sovereignty Bill.
      A Bill Like No Other: Sovereignty Protection Push Raises Economic, Legal, and Political Questions
      by Jeff Winters
      April 21, 2026
    • Delhi Public School (DPS) International Kampala Posts Strong CBSE Results; One-Third of Class Scores Above 90%
      by CEO East Africa Magazine
      April 21, 2026
    • Bank of Uganda kicks off domestic gold purchase from licensed miners in three-year pilot programme
      by Paul Murungi
      April 21, 2026
    • Court of Appeal Halts $230,000 Share Payment in Billionaire Amos Nzeyi’s Nando’s Franchise Dispute
      by CEO East Africa Magazine
      April 21, 2026
    • Court of Appeal Upholds UGX 50 Million Damages Against UDB for Unjustified Withdrawal of Client Loan Facility
      by CEO East Africa Magazine
      April 21, 2026
    • Ibrahim Kaddunabbi Lubega has led Uganda’s Insurance Regulatory Authority since 2010, overseeing the sector’s growth from UGX 240 billion to over UGX 2 trillion. His long tenure has brought stability and expansion, but now faces scrutiny as questions emerge over term limits and the future leadership of the Authority.
      Who Will Be the Next Insurance Regulatory Authority CEO: Or Will Lubega Be Granted a Fourth Term?
      by Jeff Winters
      April 20, 2026
    • Victoria University Appoints Meera Ruparelia to Council, Signalling a New Era of Leadership
      by CEO East Africa Magazine
      April 20, 2026
    • Uganda Airlines Restores Airbus A330-800neo to Service, Boosts Dubai Flights After Fleet Disruptions
      by Paul Murungi
      April 20, 2026
    • Strengthening Governance and Environmental Responsibility: The 2026 Tax Procedure and Miscellaneous Bills
      by CEO East Africa Magazine
      April 20, 2026

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