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December 10, 2025
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    Business News Uganda

    IRA CEO Ibrahim Kaddunabbi Lubega says the rise in complaints tells a new story, not of failure, but of trust restored, voices amplified, and an industry finally listening.

    Trust is the Currency of Insurance: IRA CEO Ibrahim Kaddunabbi on Rising Complaints, Digital Transformation, and Consumer Empowerment

    CEO East Africa MagazineThe Big StoryOctober 27, 2025October 26, 2025

    Customer complaints in the insurance sector have more than doubled in just three years, from under 150 to over 350. But to Chief Executive Officer Ibrahim Kaddunabbi Lubega, this isn’t…

    A photo collage of Absa Managing Director David Wandera and Standard Chartered chief executive officer Sanjay Rughani. Standard Chartered and Absa Bank announced on October 24 that they had agreed on the sale of Standard Chartered’s Wealth and Retail Banking business portfolio to Absa Uganda.

    Big Leap: How Absa’s UGX 1.3 Trillion New Assets and Deposits Acquisition Through Stanchart’s Wealth and Retail Business Will Rewrite its Growth Story

    CEO East Africa MagazineThe Big StoryOctober 24, 2025October 31, 2025

    Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has…

    In the 12 months to June 30, 2025, mobile money and e-money providers transferred UGX 10.8 billion in closed-account balances to the central bank for safekeeping, which brought the total accumulation in unclaimed e-money to UGX88.1 billion.

    UGX88.1 billion Remains Unclaimed at BoU in Dormant Mobile Money Accounts

    CEO East Africa MagazineThe Big StoryOctober 10, 2025October 17, 2025

    At least UGX 88.1 billion remains unclaimed in closed mobile money and other e-money accounts, a Bank of Uganda report shows. The money, which is currently held Bank of Uganda…

    A photo collage of former UNRA Executive Director Allen C Kagina, former director of road maintenance Joseph Otim and former media relations and corporate affairs manager Allan Ssempebwa Kyobe. The suit, filed by six former employees of UNRA, including Joseph Otim, lists 1,236 former colleagues, among them Allen C Kagina and Allan Ssempebwa Kyobe, seeking payment of their terminal benefits.

    1,236 Former UNRA Staff Sue Government Over Failure to Pay Their Terminal Benefits

    CEO East Africa MagazineThe Big StoryOctober 6, 2025October 6, 2025

    The Industrial Court has allowed six former Uganda National Roads Authority (UNRA) employees to sue government on behalf of 1,236 former colleagues for recovery of terminal benefits following the agency’s…

    A photo collage of Dentons Chairman and Senior Partner David Mpanga, Managing Partner Pearl Nyakabwa, Senior Associates Agatha Etyang and William Wepukhulu. The four were instrumental in arranging the Ecobank’s €230m syndicated loan to Government of Uganda.

    The Dealmakers: Meet the Dentons Uganda Legal Team Behind Ecobank’s €230m Syndicated Loan to Government of Uganda  

    CEO East Africa MagazineThe Big StoryOctober 3, 2025October 10, 2025

    When three leading African and international institutions joined forces to back Uganda’s infrastructure pipeline, the mandate demanded technical precision and rapid, cross-border execution. Dentons, under the leadership of David Mpanga,…

    A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.

    Black Diamonds: Five Stocks that Beat Bonds and NSSF in Returns

    CEO East Africa MagazineThe Big StoryOctober 2, 2025October 10, 2025

    The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The…

    Alliance for National Transformation, led by Gen Gregory Mugisha Muntu, promises to steer the country away from what it calls a “consumption-driven, debt-laden model” towards a production-led economy.

    ANT’s Bold Economic Plan: Jobs, Industry, and Inclusive Growth

    CEO East Africa MagazineThe Big StoryOctober 2, 2025October 10, 2025

    The Alliance for National Transformation (ANT) has an ambitious plan to reset Uganda’s economic trajectory. In its manifesto, the party, led by Gen Gregory Mugisha Muntu, promises to steer the…

    Central to the FDC manifesto is a sharp critique of Uganda’s rising public debt, which the party traces to under UGX 20 trillion in 2016, but had by June 2024 risen to more than UGX 90 trillion.

    FDC Puts Forward a Production-Led Vision for Uganda’s Economy

    CEO East Africa MagazineThe Big StoryOctober 1, 2025October 10, 2025

    When the Forum for Democratic Change (FDC) unveiled its 2026–2031 manifesto, attention quickly turned to its economic agenda. The party, one of Uganda’s largest opposition forces, is promising what it…

    For many Ugandans, land and buildings are the default investment. Yet returns on real estate often lag behind fixed deposits once costs are factored in.

    Fixed Deposits: The Safest Way to Grow Your Cash

    Jeff WintersThe Big StorySeptember 30, 2025October 7, 2025

    A fixed deposit is the plainest promise a bank can make. Lock away your money for a set period, and in return, you get a guaranteed return. It is designed…

    Despite strong export growth, Uganda consistently runs a trade deficit, spending more on imports than it earns from exports. But the balance varies sharply depending on the country and region.

    Who are Uganda’s True Trade Partners?

    CEO East Africa MagazineThe Big StorySeptember 29, 2025October 7, 2025

    For decades, Uganda’s trade story has been defined by its deepening integration into regional markets, rising dependence on Asia, and enduring ties with Europe. But when you look past the…

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    Latest Stories

    • dfcu Bank Partners with Jubilee Health to Launch BlueCare Health Insurance Solution
      by Paul Murungi
      December 10, 2025
    • Miriam Ekirapa Musaali, Cambridge-trained corporate finance lawyer and CMA Director Legal and Board Affairs, served Uganda’s capital markets with integrity, resilience, and faith through her cancer journey. Rest in peace.
      TRIBUTE | Miriam Ekirapa Musaali: A Testament of Faith, Courage, and Enduring Strength Against Cancer
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      Inside the Babirukamu Home: A Kiln Where Leadership Was Forged by a Mother’s Tough Love — Tempered by a Father’s Steady Hand 
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    • A photo collage of Jeffrey Amani, Adris Kamuli, David Case, Peter Magona, Daniel Ligyalingi, Rommel Jasi, Alemu Emuron, and Joshua Kamugabirwe. Uganda’s ad industry was built by “accidentals” who wandered in through cricket pitches, rugby chats, art schools, and random interviews. With no clear pipeline, they learned by doing, then became founders, mentors, and standards-setters—turning side doors into institutions and asking how to keep luck alive, but kinder, for others today.
      MADMEN, DREAMERS, AND DEAL-MAKERS – The Accidental Admen: How Uganda’s Creative Giants Found Their Way into the Industry
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