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    CEO East Africa Business News

    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…

    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….

    A photo collage of Dentons Chairman and Senior Partner David Mpanga, Managing Partner Pearl Nyakabwa, Senior Associates Agatha Etyang and William Wepukhulu. The four were instrumental in arranging the Ecobank’s €230m syndicated loan to Government of Uganda.

    The Dealmakers: Meet the Dentons Uganda Legal Team Behind Ecobank’s €230m Syndicated Loan to Government of Uganda  

    CEO East Africa MagazineThe Big StoryOctober 3, 2025October 10, 2025

    When three leading African and international institutions joined forces to back Uganda’s infrastructure pipeline, the mandate demanded technical precision and rapid, cross-border execution. Dentons, under the leadership of David Mpanga,…

    A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.

    Black Diamonds: Five Stocks that Beat Bonds and NSSF in Returns

    CEO East Africa MagazineThe Big StoryOctober 2, 2025October 10, 2025

    The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The…

    Alliance for National Transformation, led by Gen Gregory Mugisha Muntu, promises to steer the country away from what it calls a “consumption-driven, debt-laden model” towards a production-led economy.

    ANT’s Bold Economic Plan: Jobs, Industry, and Inclusive Growth

    CEO East Africa MagazineThe Big StoryOctober 2, 2025October 10, 2025

    The Alliance for National Transformation (ANT) has an ambitious plan to reset Uganda’s economic trajectory. In its manifesto, the party, led by Gen Gregory Mugisha Muntu, promises to steer the…

    Central to the FDC manifesto is a sharp critique of Uganda’s rising public debt, which the party traces to under UGX 20 trillion in 2016, but had by June 2024 risen to more than UGX 90 trillion.

    FDC Puts Forward a Production-Led Vision for Uganda’s Economy

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

    When the Forum for Democratic Change (FDC) unveiled its 2026–2031 manifesto, attention quickly turned to its economic agenda. The party, one of Uganda’s largest opposition forces, is promising what it…

    For many Ugandans, land and buildings are the default investment. Yet returns on real estate often lag behind fixed deposits once costs are factored in.

    Fixed Deposits: The Safest Way to Grow Your Cash

    Jeff WintersThe Big StorySeptember 30, 2025October 7, 2025

    A fixed deposit is the plainest promise a bank can make. Lock away your money for a set period, and in return, you get a guaranteed return. It is designed…

    The business climate in August 2025 was defined by steady growth and bright expectations for the months ahead, set against the backdrop of tight credit, liquidity pressures, and rising costs.

    Uganda’s Business Confidence Index: Optimism Holds, But Strains Emerge Beneath the Surface

    CEO East Africa MagazineThe Big StorySeptember 28, 2025October 7, 2025

    The private sector entered August on a cautious but hopeful note. Two major business surveys show that while the economy remains on a growth path, financial strain and weak present…

    In July, Uganda shipped nearly a million bags, but the oversupply of beans dragged down the average price per kilogramme. However, by September, the picture had flipped. A spell of dry weather in Brazil threatened global supplies, and a stronger Brazilian currency discouraged farmers there from selling.

    From July Oversupply to September Windfall: The Price Puzzle in Uganda’s Coffee

    Jeff WintersThe Big StorySeptember 19, 2025September 19, 2025

    Uganda’s coffee season is unfolding in two very different chapters. In July, the country shipped nearly a million bags, the second-highest monthly volume on record. That oversupply of beans boosted…

    Gilbert Wavamuno says electric vehicles will spread in Uganda faster than most people think. He notes that in China, more than 70% of new vehicle sales are electric, and manufacturers are scaling up EV production.

    Charging Ahead: Gilbert Wavamuno Talks EVs, Tech, and the Next Five Years of Uganda’s Automotive Sector

    CEO East Africa MagazineThe Big StorySeptember 19, 2025September 18, 2025

    Imagine Kampala’s traffic 10 years from now: sleek electric SUVs gliding past solar-powered charging hubs, heavy-duty trucks running silently on clean energy, and AI-enabled dashboards guiding drivers through congestion-free routes….

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    Latest Stories

    • UGAFODE Expands Aggressively in 2025 as Lending Jumps 26% and Deposits Rise 20%
      by CEO East Africa Magazine
      April 22, 2026
    • Chandan Singh assumes leadership at Bank of Baroda (Uganda), succeeding Shashi Dhar after a period marked by strong financial growth and operational stability. With rising profits, expanding assets, and increased lending, the transition signals continuity as the bank positions itself for further growth under experienced new leadership in a competitive market.
      Chandan Singh Takes Over as Bank of Baroda Managing Director after Strong Growth under Shashi Dhar
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    • 2025: Finance Trust Bank posts 32% growth in deposits; 74% surge in net profit in strongest performance yet
      by CEO East Africa Magazine
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    • When the Law Exists But No One Listens: Uganda’s Conflict of Interest Problem
      by CEO East Africa Magazine
      April 22, 2026
    • Mercy Kainobwisho has redefined URSB through people-centered leadership and bold reforms. By driving digital transformation, strengthening systems, and expanding access, she has turned the Bureau into a modern, high-performing institution. Her tenure reflects a balance of innovation and accountability, positioning URSB as a key pillar of Uganda’s economic development.
      Driving Transformation: Mercy Kainobwisho’s Five-Year Turnaround Has Transformed URSB From Legacy to a Digital Powerhouse
      by CEO East Africa Magazine
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    • 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

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