Have you ever wondered what truly distinguishes a successful CEO from the rest? Beyond titles, corner offices, and headline results, what habits sustain leaders at the very top? That is especially in environments marked by volatility, regulation, rapid technological change, and heightened stakeholder scrutiny. In Uganda’s evolving business landscape, chief executives are leading institutions that carry enormous economic, social, and national significance. From telecommunications and banking to insurance, capital markets, energy, real estate, and pharmaceutical manufacturing, these leaders operate at the intersection of people, capital, and long-term responsibility. Their decisions ripple far beyond balance sheets, shaping livelihoods, markets, and public…
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In the days leading to her passing, Miriam Ekirapa Musaali, a distinguished corporate lawyer, governance expert, and one of Uganda’s most respected financial-sector minds, left behind more than a professional legacy. She left behind a profound spiritual testimony. In August 2025, during an intimate online prayer session with friends, Miriam delivered what would become one of the most moving accounts of personal resilience, faith, and unbroken hope ever shared by a Ugandan business leader confronting terminal illness. Her words did not just describe a battle with cancer. They revealed a woman who faced unimaginable pain with clarity, conviction, and a…
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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…
Shantal was ready for the next move, having put in 15 years and saved the company a $2m loss, coupled with turning around a flailing portfolio. During her tenure as Chief Finance Officer, the company cut regional costs by 15% and raked in profit for the first time in five years. She had surely put in some work. Never playing politics, yet mentoring others in her department, for once, the finance department was pleasant to work in. So, when the group finance officer position fell vacant, everyone knew that she was the best fit because she had paid her dues….
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The Capital Markets Authority has confirmed the arrest of two directors and an employee of “Vetaplan Chicken” following a major two-year investigation into an alleged investment scam that swindled over UGX 757.5 million (approx. $200,000 USD) from unsuspecting members of the public. That investigation reached a head last week with the arrest of Tanzanian national, 42-year-old Lugeleka Eric Talemwa, one of the company’s directors. Talemwa was arrested at the Uganda-Kenya border in Busia on June 30, amid what authorities believe was an attempt to flee the country. Two days later, the second director, 39-year-old Eve Gershom Tania, and 30-year-old Bob Anthony…
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Imagine a young software developer in Kampala. He’s just finished building a smart-contract application that could help farmers track produce payments without relying on brokers. He’s hopeful, energized, but frustrated. Because while his app runs on cryptocurrency protocols, Uganda doesn’t recognize any of that as legal tender. His innovation, though technically sound and globally viable, floats in a legal grey zone. That’s not just his dilemma—it’s Uganda’s. Back in October 2019, Finance Minister Matia Kasaija declared before the country that government does not recognize any cryptocurrency as legal tender. It was a firm stance, probably grounded in caution, but one…
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Uganda’s biggest Fintech, MTN Mobile Money (MoMo), is moving out of the family home. Long treated as just another product line within the telecom’s machinery, MoMo is being carved out into a separate corporate entity—MTN New FinCo—with ambitions to scale faster, partner globally, and perhaps one day join Africa’s elusive unicorn club. It’s a shift more than a decade in the making. Launched in 2009, MoMo lived for years as a revenue-generating cog inside MTN Uganda’s telecom engine. Its financials were buried within a blended mix of voice, data, and airtime earnings. Even after the 2021 National Payment Systems Act…
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The Capital Markets Authority (CMA) has given Buildnet the go-ahead to proceed with its media advertising content, which the Regulator had earlier disputed. This follows some amendments by Buildnet in the wording of its advertising content that had earlier been published on various platforms. “We have noted that the proposed project taglines no longer include the wording previously identified to be in breach of the Capital Markets Authority Act Cap 64,” CMA’s CEO, Josephine Okui Ossiya, wrote in a letter to Buildnet. In an interview with CEO East Africa Magazine on Monday, Buildnet’s Managing Director, Dr. Ibrahim Semaganda, clarified that…
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On 26th March 2024, there was a poll on X (formerly Twitter) in which 3,794 people voted. The poll was a vote between building a home or buying bonds. At the end of the poll, buying a home edged buying bonds by two per cent. About 1,860 on the poll voted to buy bonds instead of building a home. If this poll was held a couple of years back, bonds would probably not get 10% of the vote and if there was a third option of “What are bonds?”, it would score more than buying bonds itself. Whereas a Twitter…
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The Board of Directors of Airtel Uganda Limited has, according to Rules 36(2) and 54 of the Uganda Securities Exchange Listing Rules 2021, appointed Mrs. Suzan Mweheire Kitariko as an Independent Non-Executive Director and Mr. Keith Kalyegira as a Non-Executive Director. The appointment took effect on 26th March, 2024. In a statement, Airtel says, Mrs. Suzan Mweheire Kitariko “brings a wealth of experience and expertise in both Telecommunications and strategic leadership having previously served as Regional Manager East Africa, Google Uganda, Head of Strategy and Transversal Projects, Orange Telecom Uganda”. Suzan is currently the General Manager of SICPA Uganda. “Her…
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