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    CEO East Africa Magazine

    I&M Bank Uganda Appoints Rutabanzibwa Lwanga as Head of Risk

    Brian EmorutCompany NewsNews & AnalysisNovember 21, 2025November 21, 2025

    I&M Bank Uganda has appointed Rutabanzibwa Lwanga as its new Head of Risk, effective October 2025. He takes over from Joseph Biryahwaho, who was recently elevated to the role of…

    A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.

    Absa–Standard Chartered Wealth and Retail Business Acquisition Deal Enters Regulatory Review as Sector Impact Becomes Clear

    Muhereza KyamuteteraThe Big StoryNovember 21, 2025November 21, 2025

    Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase….

    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…

    SC Uganda Women in Tech Programme Graduates 1st Cohort and grants Five Start-Ups $10,000 Each in Catalytic Funding

    Brian EmorutCompany NewsNews & AnalysisNovember 20, 2025November 20, 2025

    Yesterday, SC Uganda Women held a graduation ceremony for their 1st cohort of 10 trailblazing women from the inaugural Women in Tech Accelerator Programme, initially launched in April this year….

    URA has begun a nationwide crackdown on undeclared offshore income, using global data-sharing networks to track foreign assets held by Ugandan residents and enforce strict compliance with international tax reporting rules.

    URA Directs Ugandans to Declare Global Income as Foreign Asset Crackdown Begins

    Muhereza KyamuteteraThe Big StoryNovember 20, 2025November 20, 2025

    Uganda Revenue Authority (URA) has launched a sweeping enforcement campaign requiring all Ugandan tax residents with foreign bank accounts, property, or investments to immediately declare their worldwide income and assets,…

    Centenary Bank Wins Big at the Digital Impact Awards Africa 

    Brian EmorutCompany NewsNews & AnalysisNovember 20, 2025November 20, 2025

    Centenary Bank has once again affirmed its position as a leading digital-first financial institution after scooping four major accolades at the Digital Impact Awards Africa (DIAA) 2025, one of the…

    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…

    The shilling swung sharply last week, tumbling midweek before staging a cautious rebound. Offshore outflows and import demand drove volatility, but the currency’s recovery signals resilience ahead of the festive and election seasons.

    Shilling on the Edge: Market Jitters Ease After Heavy Midweek Depreciation – Will the Gains Hold?

    CEO East Africa MagazineThe Big StoryNovember 17, 2025November 17, 2025

    The shilling experienced one of its most volatile stretches in recent months. It swung wildly as offshore realignments and rising import demand disrupted its long-held stability. The currency opened last…

    Strengthening Cancer Care in Uganda: The Impact of the Rotary-Centenary Bank Partnership

    Brian EmorutCompany NewsNews & AnalysisNovember 17, 2025November 17, 2025

    Cancer is an increasing public health concern in Uganda that is gradually tightening its grip on society. Recent research indicates that there has a significant surge in cases and there…

    Building a Future-Ready Workforce: Lessons from Four Years in Industrial HR Leadership at Kakira Sugar

    CEO East Africa MagazineBusiness & MarketsThought LeadershipNovember 17, 2025November 17, 2025

    By Susan Mataka Serving as Head of Human Resources at Kakira Sugar Limited has been a defining chapter of my 19-year HR career—one that has stretched my leadership, sharpened my…

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