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    CEO East Africa Business News

    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 ImaniBanking & Financial ServicesCEO PerspectivesThe 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 & Financial ServicesThe 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 & Financial ServicesThe 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…

    Jack Ngare, Google Cloud’s Technical Director in Nairobi, champions Africa as a cradle of innovation, where resilience, ingenuity, and constraint-driven creativity produce solutions that shape global technology and redefine progress.

    Africa Isn’t a Testing Ground – it’s a Teacher: Jack Ngare on How Data and Technology Have Become Global Breakthroughs

    Jeff WintersThe Big StoryNovember 5, 2025November 5, 2025

    Jack Ngare, Technical Director in Google Cloud’s Office of the CTO in Nairobi, believes Africa’s innovations are not side projects for global companies but lessons that shape how the world…

    Giles Aijukwe is redefining banking through purpose-driven leadership, proving that inclusion and profit can coexist, and that finance, when guided by empathy and vision, empowers lives across Uganda.

    Beyond Profit: Giles Aijukwe – the Letshego Uganda CEO Who Believes in Purpose First

    CEO East Africa MagazineBanking & Financial ServicesThe Big StoryNovember 5, 2025November 11, 2025

    As the CEO of Letshego Uganda, Giles Aijukwe stands at the intersection of ambition and accountability, tasked with delivering financial growth in a sector still playing catch-up on inclusion. In…

    ERA’s decision to pause new licences highlights a growing infrastructure gap between power generation and grid capacity, a $230 million pause for stability.

    Govt Freezes New Solar and Wind Licences Amid Grid Stability Concerns

    Jeff WintersBusiness & MarketsNews & AnalysisNovember 4, 2025November 4, 2025

    The Electricity Regulatory Authority (ERA) has suspended licensing of new grid-connected solar photovoltaic (PV) and wind power projects. The suspension originates from concerns over the national grid’s current capacity to…

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