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April 21, 2026
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    CEO Business News

    MTN secures a procedural victory as the Tax Appeals Tribunal halts URA’s objection, allowing the telecom giant to challenge a UGX 169.9 billion tax dispute without upfront payment.

    Tax Appeals Tribunal Halts URA’s Objection to Non-Payment of 30% of Disputed UGX 169.9b by MTN Over Due Process Failures

    Muhereza KyamuteteraThe Big StoryMarch 26, 2026March 26, 2026

    In a landmark ruling that sharpens the contours of tax enforcement and taxpayer rights in Uganda, the Tax Appeals Tribunal (TAT) has halted Uganda Revenue Authority’s (URA) objection to MTN’s…

    Stanbic Bank CEO Mumba Kalifungwa Delivers UGX 591 billion Profit in First Year

    Paul MurungiThe Big StoryMarch 23, 2026March 23, 2026

    Kenneth Mumba Kalifungwa’s first year as Chief Executive of Stanbic Bank Uganda delivered a strong profit performance. However, beneath the headline numbers lies a more nuanced story of growth, rising…

    A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.

    Surviving in a Cash-Crunch Economy: How CEOs, CFOs are Managing Debt, Forex, and Capital in a Tight Liquidity Market

    Jeff WintersThe Big StoryNovember 17, 2025November 19, 2025

    Money remains expensive in Uganda. Bank of Uganda has kept its Central Bank Rate (CBR) at 9.75% since August 2025, one of the longest periods without adjustment. The message is…

    NMB Bank cements its dominance in Tanzania’s banking industry with record Q3 2025 earnings. Assets hit TZS 15.5 trillion, profit after tax rose 14% to TZS 543 billion, and NPLs held at 2.7%. A model of disciplined growth, digital innovation, and strong shareholder returns.

    NMB Bank Sustains Tanzania’s Banking Dominance with Record Growth and Strong Earnings in 2025 Third Quarter

    CEO East Africa MagazineBanking & Financial ServicesNovember 10, 2025November 10, 2025

    In an economy navigating shifting macroeconomic tides, NMB Bank Plc continues to tower above its peers as Tanzania’s most profitable and resilient financial institution. The lender’s 2025 third-quarter Interim Financial…

    A Bank of Uganda survey indicates that many banks are reviewing their digital lending models to include better risk profiling, repayment tracking, and partnerships with credit reference bureaus.

    Mobile Money Loans Driving Financial Inclusion, but Rising Default Risks: BoU Wants Banks to Tighten Borrower Assessment and Monitoring

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

    The rapid growth of digital and mobile lending is transforming Uganda’s financial landscape. It is expanding access to credit for millions who were previously excluded from the formal banking system….

    While the ruling NRM highlights its record on infrastructure and stability, Robert Ssentamu Kyagulanyi’s NUP argues that decades of mismanagement and mounting debt have left the economy deeply fragile.

    NUP’s 2026 Manifesto Promises an Economy for the Majority, Not the Few

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

    As Uganda heads toward the 2026 general elections, the debate is increasingly focused on the economy. At the heart of the opposition National Unity Platform’s (NUP) 2026–2031 manifesto is a…

    The rise in the number of elderly Ugandans has been due to a rising life expectance, which according to the 2024 Population and Housing Census, rose to 68.5 years from 63.7 years in 2014.

    Silver Lining: Why Eldercare Could Be Uganda’s Next Big Growth Frontier

    CEO East Africa MagazineThe Big StorySeptember 8, 2025September 8, 2025

    Uganda is traditionally viewed as one of the world’s youngest nations, with nearly half the population under 18. Yet behind this youthful imagery lies a silent demographic shift: the number…

    A photo collage of Uganda's 40-ready CEOs. They are exceptional executives shaping Uganda’s corporate future. From banking to oil and gas, insurance, and pharmaceutical, these CEO-ready leaders are poised to take top roles in the next 5 years.

    CEO-Ready: Uganda’s Rising Business Leaders to Watch in the Next 5 Years

    Editorial, CEO East AfricaThe Big StoryAugust 22, 2025March 17, 2026

    Uganda no longer lacks CEO-ready talent; it is overflowing with it. From the commanding floors of leading banks and insurance firms, to the boardrooms of fast-moving consumer goods companies, oil…

    Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.

    Uganda’s Most Underused Asset: Why the Remittance System Needs a Total Rebuild

    Jeff WintersThe Big StoryAugust 8, 2025August 8, 2025

    Imagine Amina, a young mother in Kampala, waiting every month for money sent by her brother working abroad. That money pays for her children’s school fees, medicine, and food. But…

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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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