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    CEO East Africa Business News

    The Tax Appeals Tribunal backs URA in Nile Breweries export row, finding Kabaco and Ituri were buyers, not agents. Beer sold locally then exported, triggering VAT and excise; assessments upheld.

    The Nile Breweries-URA UGX 18.5 Billion Fight: When ‘Export’ Became the Battleground That NBL Eventually Lost

    CEO East Africa MagazineThe Big StoryDecember 4, 2025December 4, 2025

    On paper, it looked like a clean regional trade story: a Ugandan manufacturer producing beer for thirsty markets in South Sudan and DR Congo, using local distributors to move product…

    Ambrose Kibuuka, CEO of ICEA Lion General, says Uganda’s insurance growth will come from disciplined underwriting, tech-driven innovation, and winning trust by bringing the uninsured majority, especially the informal sector, into coverage.

    ICEA’s Ambrose Kibuuka on insurance mergers, e-mobility risks, tech-driven innovations – dominance of general insurance and dealing with low uptake

    CEO East Africa MagazineThe Big StoryNovember 27, 2025November 27, 2025

    In Uganda’s fast-evolving insurance market, questions of trust, innovation, and growth remain central. The insurance industry has been expanding, attracting bigger regional players and new products, but challenges of low…

    A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.

    Absa–Standard Chartered Wealth and Retail Business Acquisition Deal Enters Regulatory Review as Sector Impact Becomes Clear

    Muhereza KyamuteteraThe Big StoryNovember 21, 2025November 21, 2025

    Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase….

    Uganda has increased its recoverable oil resources to 1.65 billion barrels, strengthening confidence in ongoing oilfield developments and reinforcing the country’s readiness for First Oil as major projects near completion.

    Uganda Raises Recoverable Oil to 1.65 Billion Barrels

    Muhereza KyamuteteraThe Big StoryNovember 20, 2025November 20, 2025

    Uganda’s petroleum sector has recorded a major milestone with new assessments showing a rise in recoverable oil resources from 1.4 billion to 1.65 billion barrels. The announcement was made by…

    Civtec Africa’s lawsuit against TotalEnergies exposes alleged fuel contamination beneath Kampala’s Industrial Area, raising environmental concerns and testing corporate accountability as the dispute heads to Uganda’s Commercial Court.

    French Oil Major, TotalEnergies Accused by Contractor of Polluting Kampala City

    CEO East Africa MagazineThe Big StoryNovember 20, 2025November 20, 2025

    French oil and gas multinational TotalEnergies Marketing Uganda is facing a lawsuit in the Commercial Court. Local engineering contractor Civtec Africa Limited accuses the company of failing to disclose serious…

    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…

    Balancing Numbers and People: Inside the Leadership Mind of NSSF’s Stevens Mwanje

    Kisakye ImaniFinanceQ + AsThe Big StoryNovember 14, 2025November 15, 2025

    To understand Stevens Mwanje is to understand the balance between numbers and humanity. A finance professional of 30 years, Mwanje has built a career defined by quiet discipline, strategic clarity,…

    Standard Bank Group’s Cairo debut signals a bold North African expansion, boosting investment links between Egypt, the Middle East, and sub-Saharan Africa while setting the stage for a future full banking presence.

    Standard Bank Group Enters Egypt, Expands its pan-African Footprint

    CEO East Africa MagazineBanking & InsuranceThe Big StoryNovember 14, 2025November 17, 2025

    Standard Bank Group, Africa’s largest lender by assets, has officially entered the Egyptian market, opening a representative office in Cairo. The move marks one of the bank’s most significant North…

    Once a vital drainage artery of Kampala, the Nakivubo Channel has become a tragic symbol of urban neglect. Buildings encroach, wetlands vanish, and rainstorms now trigger deadly floods. The city’s clogged lifeline floods again, reminding us that infrastructure failure and environmental collapse walk hand-in-hand.

    EDITORIAL: Banks Are Our Last Line of Defence – Will They Stop Financing Uganda’s Environmental Collapse?

    Editorial, CEO East AfricaBanking & InsuranceThe Big StoryNovember 13, 2025November 17, 2025

    When Uganda’s capital city floods, it is often framed as a natural disaster. The skies open up in fury, the drains overflow, and Kampala drowns under its own chaos. But…

    A photo collage of Cornwell Muleya and Uganda Airlines chief executive officer Jenifer Bamuturaki. Muleya was controversially replaced by Bamuturaki after he was sacked and dragged to court over alleged mismanagement of the airline.

    Court Orders Uganda Airlines to Pay Former CEO Cornwell Muleya UGX 455 Million Over Illegal Dismissal

    CEO East Africa MagazineThe Big StoryNovember 6, 2025November 10, 2025

    The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, more than UGX455 million following a ruling that found his dismissal illegal. In a…

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    Latest Stories

    • Ugandan enterprises urged to explore regional oil and gas opportunities
      by Brian Emorut
      December 5, 2025
    • Uganda to host WFP Global Fleet Hub, establish unique humanitarian plates
      by Brian Emorut
      December 4, 2025
    • Ugandan Enterprises urged to prepare for production-phase opportunities in Oil and Gas
      by Brian Emorut
      December 4, 2025
    • Century Bottling’s bid to knock out URA’s UGX 10.2b assessments failed as the Tax Appeals Tribunal ruled new audit facts allowed late claims for 2013–2019. It also rejected “parallel assessment” arguments and upheld reverse-charge VAT on separately invoiced Krones services (about UGX 364m). Other tax issues remain pending for now.
      Tribunal Backs URA in UGX 10.2 Billion Century Bottling Tax Fight
      by CEO East Africa Magazine
      December 4, 2025
    • The Tax Appeals Tribunal backs URA in Nile Breweries export row, finding Kabaco and Ituri were buyers, not agents. Beer sold locally then exported, triggering VAT and excise; assessments upheld.
      The Nile Breweries-URA UGX 18.5 Billion Fight: When ‘Export’ Became the Battleground That NBL Eventually Lost
      by CEO East Africa Magazine
      December 4, 2025
    • Equity Bank Champions Second Gulu Marathon
      by Brian Emorut
      December 4, 2025
    • Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal
      by Paul Murungi
      December 4, 2025
    • Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 
      by Paul Murungi
      December 4, 2025
    • Companies Rise or Fall on How Well They Renew Their Leaders
      by Guest Writer
      December 4, 2025
    • Uganda’s property market mirrors the macro: steady growth, low inflation and a firm shilling support demand. Urbanisation and new industrial cities spread opportunity, but quality supply remains scarce in 2026.
      The Future of Uganda’s Property Market and Where to Invest in 2026
      by Jeff Winters
      December 4, 2025
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