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March 7, 2026
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    From consul to controversy, former Eswatini Honorary Consul Quillino Bamwine faces a CID probe over alleged UGX 372M land fraud, marking a dramatic fall from diplomacy to dispute. His case exposes the risky crossroads between influence, real estate, and accountability in Uganda’s power corridors.

    Under Police Probe: The Land Deals That Caused Former Eswatini Honorary Consul Quillino Bamwine Problems

    CEO East Africa MagazineThe Big StoryNovember 3, 2025November 3, 2025

    The Police Criminal Investigations Directorate (CID) is investigating Quillino Bamwine, who previously served as the Honorary Consul of the Kingdom of Eswatini to Uganda, for allegedly obtaining UGX 372 million…

    Frank Marangu Ireri redefined Kenyan banking through quiet strength and conviction. His legacy endures in the institutions he shaped and the leaders he mentored, a testament to integrity and purposeful leadership.

    OBITUARY: Frank Ireri – The Banker Who Believed in Quiet, Purposeful Transformation

    CEO East Africa MagazineThe Big StoryNovember 1, 2025November 1, 2025

    When the story of modern Kenyan banking is written, few names will stand as quietly but as firmly as Frank Marangu Ireri’s. A man of numbers, systems, and deep conviction,…

    A photo collage of Stanbic chief executive Mumba Kalifungwa and Pearl Bank managing director Julius Kakeeto. The FlexiPay and Wendi partnership promises a new revolution in the e-money ecosystem that brings together more than 1.5 million users.

    Stanbic’s FlexiPay and Pearl Bank’s Wendi Partnership: The UGX 6 trillion Digital Money Highway Promising a New Revolution

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

    A new chapter in Uganda’s digital finance landscape is quietly unfolding as Stanbic’s FlexiPay and Pearl Bank’s (formerly PostBank) Wendi Wallet join forces to create one of the country’s most…

    MTN CEO Sylvia Mulinge, MTN Mobile Money Managing Director Richard Yego, and M-PESA Africa Managing Director Sitoyo Lopokoiyit. The three agree that now that Africa has already proven it can leapfrog barriers, the next frontier is to ensure that the systems it builds are safe, transparent, and human-centered.

    Africa’s Fintech Future: Sylvia Mulinge, Sitoyo Lopokoiyit & Richard Yego on Building Africa’s Trust Economy

    Jeff WintersThe Big StoryOctober 30, 2025October 30, 2025

    A decade ago, Africa’s fintech revolution began as a response to one of the continent’s most persistent challenges: access to finance. In 2011, only 23% of people in sub-Saharan Africa…

    DSE’s total assets reached TZS 42.02 billion ($15.86 million), reflecting a 17% increase from TZS 36.07 billion ($13.62 million) a year earlier.

    Dar es Salaam Stock Exchange Delivers 50% Profit Jump, Strengthens Balance Sheet to $15.9 Million in Assets

    CEO East Africa MagazineNews & AnalysisOctober 29, 2025October 29, 2025

    The Dar es Salaam Stock Exchange (DSE) has posted another quarter of solid financial performance, signaling strong operational resilience and investor confidence amid a tightening regional economic environment. For the…

    Beleaguered UNBS Executive Director James Nkamwesiga Kasigwa, former executive director David Livingstone Ebiru, Ben Manyindo, and Terry Kahuma. UNBS has had riotous leadership for over a decade now, which continues to undermine its core mandate of ensuring quality and keeping Ugandans safe.

    A Standards Bureau at War with Itself: How a Decade of Leadership Wars and Scandals Have Undermined UNBS

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

    From Kahuma’s corruption probes to Ebiru’s bribery confession and Kasigwa’s contested leadership, the Uganda National Bureau of Standards (UNBS) has spent more time battling itself than enforcing quality. For over…

    M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.

    Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

    Jeff WintersThe Big StoryOctober 24, 2025October 23, 2025

    At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring….

    Left to right: A photo collage of Hassanein Hiridjee, Geoffrey Donnels Oketayot, and Ronald Onzia. Hiridjee, together with Towerco of Africa Uganda, had sought to stay proceedings or refer a multimillion-dollar shareholder dispute to a UK court. However, court rejected the pleadings that Oketayot, Onzia, and another shareholder, George Arthur Ssamula, had strongly opposed.

    Ugandan Court Rejects Towerco Bid to Shift Dispute to UK, Citing Fraud Allegations and Public Policy

    CEO East Africa MagazineThe Big StoryOctober 24, 2025October 23, 2025

    In a ruling that reinforces Ugandan courts’ discretion to retain jurisdiction over disputes relating to alleged illegality, Justice Patience Rubagumya of the Commercial Division of the High Court declined to…

    A photo collage of former Kenyan president Uhuru Kenyatta, NCBA Group chairman James P. M. Ndegwa, NCBA Group managing director John Gachora, and former Kenyan minister, the late Simeon Nyachae, whose family maintains a substantial holding in NCBA Group. If Standard Bank, which trades as Stanbic in Uganda and Kenya, takes over NCBA Group, the key figures above, whose families are represented by different individuals as shareholders, will be some of the biggest beneficiaries from either a windfall in the form of a payout or a shareholder value addition derived from an enlarged regional banking powerhouse.

    The NCBA Windfall: Shareholders Set for a Windfall if Stanbic Seals the Takeover

    CEO East Africa MagazineThe Big StoryOctober 16, 2025October 23, 2025

    If the long-rumored Stanbic–NCBA merger or buyout becomes reality, NCBA shareholders could emerge as the biggest winners in East Africa’s next major banking shake-up. The market already seems to agree….

    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…

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