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April 22, 2026
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    CEO East Africa Business News

    (Left to right): Stanbic’s Executive Director and Head, Personal & Private Banking, Samuel F. Mwogeza, Head of Wealth and Investment, Bernice Mvano, Head of Personal Banking, Israel Arinaitwe and Head of Private Banking, Arthur Kiwanuka. The team is reshaping how families think about money, legacy, and the futures yet to be written.

    Building Generational Wealth: Inside Stanbic’s Personal & Private Banking Transformation

    Paul MurungiThe Big StorySeptember 11, 2025September 16, 2025

    In a fast-changing Uganda, the definition of wealth is shifting. It’s no longer just about today’s comfort — it’s about building legacies that last. Across the country, more people are…

    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 FUFU President Moses Magogo, FUFA Chief Executive Officer Edgar Watson, and Proline director Mujib Kasule: Whereas FUFA promises financial sustainability in the new Uganda Premier League format, clubs say it creates a new financial burden on big clubs, yet it was developed without their consultation.

    Uganda Premier League Reforms Promise Redistribution of Income: But Big Clubs See Financial Sabotage

    CEO ReporterThe Big StoryAugust 31, 2025August 31, 2025

    When the Federation of Uganda Football Associations (FUFA) unveiled Circular No. 1202 on August 20, 2025, all eyes were on the numbers. For the first time in years, FUFA promised…

    Unlike high-growth tech or financial services IPOs, the Kenya Pipeline Company sale is sensitive to regulatory oversight, political influence, and investor trust.

    Can Uganda Gain from Kenya’s Pipeline IPO?

    Jeff WintersNews & AnalysisThe Big StoryAugust 28, 2025August 28, 2025

    Kenya is on the cusp of one of the most significant equity transactions in East Africa in nearly two decades. The Kenyan government plans to sell its 65% controlling stake…

    Businesses dealing in wholesale and retail fuel, mining and quarrying, manufacturing and utilities, have to use EFRIS, whether or not registered for VAT.

    URA’s EFRIS Expansion and the Future of Tax Compliance in Uganda

    Jeff WintersThe Big StoryAugust 20, 2025August 20, 2025

    On July 25, the Uganda Gazette carried General Notice No. 2218 of 2025, signaling a shift in the approach to tax compliance and digitization. The notice indicated that Uganda Revenue…

    Google warns that selling Chrome could hurt security and break its connections to services like Google accounts, Android features, and ad privacy tools.

    The Chrome Gambit: How AI Startups are Fighting for the Browser that Controls the Web

    Jeff WintersThe Big StoryAugust 18, 2025August 18, 2025

    An AI startup just tried to buy the world’s most important browser. On Aug 12, Perplexity AI made an unsolicited $34.5 billion all-cash offer to acquire Google’s Chrome, Bloomberg reported….

    Many ordinary Africans have found themselves trapped in a system built by colonialists, optimized by neoliberals, and defended by large setups such as the IMF, UN, and World Trade Organization. It protects the rich while squeezing the poor.

    How Debt, Tax, and Colonial Legacies are Rigging Africa’s Future

    Jeff WintersThe Big StoryAugust 14, 2025August 14, 2025

    Christine Aber wakes before the sun does in Northern Uganda. She sets up her modest stall and begins the daily grind – selling a humble mix of millet flour, rice,…

    Jumia’s quarter two numbers show it’s expensive to effectively operate in Africa. Roads are poor, addresses are unreliable, cities are congested, warehousing is limited, and fuel and labour costs always fluctuate.

    Why Jumia Must Master the Logistics Challenge to Win

    Jeff WintersThe Big StoryAugust 8, 2025August 8, 2025

    As Jumia Africa unveiled its 2025 second quarter results, a familiar tension came into focus: the company is growing, but still losing money. On the surface, the numbers look promising….

    Quality Chemical says it is seeking funding for the expansion of its operations that will enable it to increase annual output from 1.4 billion to 2.4 billion tablets.

    Quality Chemical’s $51m Bet: Can Debt Restructuring Deliver Uganda’s Pharma Future?

    Jeff WintersThe Big StoryAugust 8, 2025August 8, 2025

    Shareholders of Quality Chemical Industries approved a $51 million credit package from Stanbic Bank. It is a move that signals both expansion ambition and underlying financial pressure. This was at…

    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

    • 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.
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    • 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
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    • Delhi Public School (DPS) International Kampala Posts Strong CBSE Results; One-Third of Class Scores Above 90%
      by CEO East Africa Magazine
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    • Bank of Uganda kicks off domestic gold purchase from licensed miners in three-year pilot programme
      by Paul Murungi
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    • 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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