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March 14, 2026
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    CEO East Africa Magazine Business News

    Steady Vision, Bold Growth: Peter Makhanu’s Four-Decade Insurance Journey and the Rise of Liberty Uganda

    CEO East Africa MagazineThe Big StoryMarch 2, 2026March 2, 2026

    By Sharon Kyatusimiire After more than four decades in insurance, a journey that began in 1984, Peter Makhanu speaks with the composure of a man who has seen cycles, crises,…

    Fred Muwema, founding partner of Muwema & Co. Advocates, whose firm has announced it will appeal the High Court ruling ordering payment of rent arrears and vacant possession of its Kololo premises.

    Muwema & Co. Advocates to Appeal High Court Ruling in Kololo Lease Dispute

    Muhereza KyamuteteraThe Big StoryFebruary 21, 2026February 21, 2026

    Muwema & Co. Advocates has announced that it will appeal the High Court (Commercial Division) ruling that ordered the firm to pay rent arrears, mesne profits, and general damages, and…

    Sanjay Rughani faces his defining test as Standard Chartered Uganda exits retail banking: turning a leaner, corporate-focused strategy into sustainable profits, disciplined returns, and lasting relevance in a tougher market.

    Sanjay Rughani and the Test of a Leaner Standard Chartered Bank

    Jeff WintersThe Big StoryFebruary 9, 2026February 9, 2026

    Last week’s signing between the Government of Uganda and Standard Chartered Bank offered a reminder of the institution’s enduring strength. The €641.1 million (UGX 2.75 trillion) financing package, covering power…

    Entering 2026, Don Wanyama leads Vision Group through losses, state scrutiny and a fragile turnaround, tasked with restoring profitability, credibility and independence at Uganda’s most influential media house today nationwide.

    All Eyes on Don Wanyama: Inside Vision Group’s Hardest Year – Will his Turnaround Strategy Deliver in 2026?

    Jeff WintersThe Big StoryFebruary 5, 2026February 5, 2026

    As Don Wanyama walks into 2026, he does so with more than a balance sheet to defend. He carries the weight of a national institution under financial strain, the expectations…

    With only a few days’ fuel in reserve, limited storage leaves Uganda exposed to shipment delays, regional disruptions, and sudden price shocks, turning minor supply hiccups into national energy crises.

    How Storage Gaps Continue to Threaten Uganda’s Fuel Security

    Jeff WintersThe Big StoryFebruary 3, 2026February 3, 2026

    Fuel supply is working better than it used to, but only just, according to data from the Office of the Auditor General.   The numbers suggest progress, yet they also…

    Rosette Marine Akuc frames leadership as service, rejecting ego and payback, urging leaders to nurture difficult talent, choose the basin over the throne, and measure legacy by transformed people lives.

    The Throne or the Basin: The Leadership Mindset that Separates Rulers from Servants  

    CEO East Africa MagazineLeadership & GovernanceJanuary 22, 2026January 22, 2026

    Rosette Marine Akuc In the high-octane world of executive leadership, the narrative is often “beautified.” We are sold a vision of leadership that looks like a destination, a reward for…

    Uganda Airlines CEO Jennifer Bamuturaki and UEDCL boss Paul Mwesigwa are under intense pressure as public frustration, politics, and performance collide. Running strategic state enterprises with deep legacy problems, their survival may hinge less on history and more on how decisively they deliver results now.

    On the Edge: Why 2026 Could be a Make-or-Break Year for Uganda Airlines’ Jennifer Bamuturaki and UEDCL’s Paul Mwesigwa

    CEO East Africa MagazineThe Big StoryJanuary 3, 2026January 3, 2026

    If there are any Ugandan CEOs in the hot seat, then it is Uganda Airlines’ Jennifer Bamuturaki and Uganda Electricity Distribution Limited’s Paul Mwesigwa. They run two strategic state enterprises,…

    The Tax Appeals Tribunal has upheld URA’s $100,000 penalty against TotalEnergies EP Uganda for delayed transfer-pricing disclosures, affirming enforceable audit deadlines. The decision signals tougher scrutiny for multinationals in the extractives sector as commercial oil production nears.

    TotalEnergies EP Hit With $100,000 Penalty Over Delayed Tax Audit Disclosures in Uganda

    CEO East Africa MagazineThe Big StoryDecember 22, 2025December 22, 2025

    The Tax Appeals Tribunal has upheld a $100,000 (UGX357 million) penalty imposed on TotalEnergies EP by Uganda Revenue Authority (URA) for failing to provide transfer pricing information within prescribed timelines…

    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

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

    Century Bottling Company Limited walked into the Tax Appeals Tribunal hoping to end a costly dispute before it truly began. The Coca-Cola bottler was facing a fresh set of tax…

    The UGX1.696 trillion supplementary bid, with UGX422.264 billion earmarked for 10 new Uganda Airlines aircraft, now hangs on Parliament’s verdict. Approval could fast-track the carrier’s fleet expansion, but rejection would signal growing unease over pouring scarce public funds into the skies while critical priorities remain grounded on the runway here.

    Govt Seeks Approval of UGX422 Billion Supplementary for Phased Purchase of 10 Uganda Airlines Aircraft

    CEO East Africa MagazineThe Big StoryDecember 1, 2025December 1, 2025

    Government has tabled a UGX1.696 trillion supplementary budget request before Parliament’s Budget Committee, with UGX422.264 billion earmarked as an initial payment for the purchase of 10 aircraft for Uganda Airlines….

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    • A graphic representation of how MTN and Airtel's balance sheets look.
      MTN vs Airtel: Balance Sheet Strength Meets Earnings Momentum in the Race to Win the Telecom Market
      by Jeff Winters
      March 14, 2026
    • Pearl Bank Supports IUIU Students with Water Tanks and Food During Ramadan and Women’s Month
      by Paul Murungi
      March 14, 2026
    • Kenya’s financial markets remained stable as the shilling held firm, remittances rose, and equities gained, even as bond market activity slowed and global pressures from oil prices and geopolitics intensified.
      Kenya Shilling Holds Firm as Remittances Rise and Markets Show Mixed Signals – Central Bank Report
      by CEO East Africa Magazine
      March 14, 2026
    • After 29 Years in Court, Government Ordered to Pay UGX 512.9 Million in Kamuli Land Dispute
      by Paul Murungi
      March 13, 2026
    • Under Sylvia Mulinge’s leadership, MTN has strengthened its financial position, accelerated growth in data and fintech, and expanded network investment, positioning the telecom to capture Uganda’s fast-growing digital economy.
      Five Years of Ambition: MTN Caps Strategy Cycle With Strong Growth
      by Muhereza Kyamutetera
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    • Building Financial Resilience: How CFO Arnold Ainebyona Is Positioning SanlamAllianz Life for Growth and Capital Strength
      by Paul Murungi
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    • Saviour Chibiya, Regional Chief Executive, Absa Group, addresses staff during a town hall meeting with Absa Bank Uganda employees at the Kampala Sheraton Hotel this week. During his visit to Uganda, Chibiya emphasised Absa’s ambition to become the “bank of choice for economic development” across the markets where it operates.
      “We Want to Be the Bank of Choice for Economic Development”: Saviour Chibiya on Absa’s Strategic Bet on East Africa 
      by Muhereza Kyamutetera
      March 13, 2026
    • I&M Bank Katogo Golf Series Returns to Entebbe with Innovative Format and High-Stakes Rewards
      by Brian Emorut
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    • UK Scholarships Unit Head Visits Uganda to Strengthen Chevening and Commonwealth Education Partnerships
      by Brian Emorut
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    • Janet Navuuga says Uganda’s evolving governance landscape demands more than qualifications for board leadership. The Fit and Proper Test ensures that integrity, competence, and ethical reputation remain central to those entrusted with corporate oversight.
      Preparing for Board Leadership: Why the Fit and Proper Test Matters
      by CEO East Africa Magazine
      March 13, 2026

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