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    CEO East Africa Uganda Business News

    A photo collage of Old Mutual managing director Stephen Chikovore and SanlamAllianz General Insurance chief executive officer Ruth Namuli. SanlamAllianz’s licensed merger has propelled it to Uganda’s second-largest general insurer, capturing 19.8% market share and closing within 1.4 points of Old Mutual in Q3 2025 after years of dominance.

    SanlamAllianz Officially Becomes Uganda’s Second-Largest General Insurer as Market Gap with Old Mutual Narrows Sharply

    Muhereza KyamuteteraThe Big StoryDecember 3, 2025December 3, 2025

    The newly merged SanlamAllianz Uganda has officially become the country’s second-largest general insurer. Market performance report for the 2025 third quarter by Insurance Regulatory Authority (IRA) shows that the merged…

    Technology is identified as the central lever for leapfrogging, with RMB arguing that digital connectivity, mobile platforms, and emerging tools such as AI can compress development timelines and expand opportunities.

    RMB White Paper Warns Africa’s Future Hinges on Governance, AfCFTA Execution, and Tech Leapfrogging

    CEO East Africa MagazineAfricaNews & AnalysisNovember 29, 2025November 29, 2025

    A November 2025 RMB white paper titled Continent at a Crossroads has warned that Africa is entering a decisive decade. The choices governments, firms, and regional blocs make will determine…

    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….

    Tatenda Nigel Chinodakufa warns that Africa’s fintech boom faces unprecedented AI-driven fraud, urging continuous, intelligence-powered verification to protect growth in a digital era where even faces can lie.

    When Faces Lie: Tatenda Chinodakufa on Fighting AI Fraud in Africa’s Digital Boom

    Jeff WintersFintechsICTThe Big StoryNovember 16, 2025November 16, 2025

    Tatenda Nigel Chinodakufa is often described as “the man helping Africa’s fintechs grow without stepping on regulatory landmines.” As Regional Business Development Director at Sumsub, a technology firm specializing in…

    A photo collage of Cornwell Muleya and Uganda Airlines chief executive officer Jenifer Bamuturaki. Muleya was controversially replaced by Bamuturaki after he was sacked and dragged to court over alleged mismanagement of the airline.

    Court Orders Uganda Airlines to Pay Former CEO Cornwell Muleya UGX 455 Million Over Illegal Dismissal

    CEO East Africa MagazineThe Big StoryNovember 6, 2025November 10, 2025

    The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, more than UGX455 million following a ruling that found his dismissal illegal. In a…

    Jack Ngare, Google Cloud’s Technical Director in Nairobi, champions Africa as a cradle of innovation, where resilience, ingenuity, and constraint-driven creativity produce solutions that shape global technology and redefine progress.

    Africa Isn’t a Testing Ground – it’s a Teacher: Jack Ngare on How Data and Technology Have Become Global Breakthroughs

    Jeff WintersFintechsTechnologyNovember 5, 2025November 5, 2025

    Jack Ngare, Technical Director in Google Cloud’s Office of the CTO in Nairobi, believes Africa’s innovations are not side projects for global companies but lessons that shape how the world…

    Giles Aijukwe is redefining banking through purpose-driven leadership, proving that inclusion and profit can coexist, and that finance, when guided by empathy and vision, empowers lives across Uganda.

    Beyond Profit: Giles Aijukwe – the Letshego Uganda CEO Who Believes in Purpose First

    CEO East Africa MagazineBanking & InsuranceThe Big StoryNovember 5, 2025November 11, 2025

    As the CEO of Letshego Uganda, Giles Aijukwe stands at the intersection of ambition and accountability, tasked with delivering financial growth in a sector still playing catch-up on inclusion. In…

    ERA’s decision to pause new licences highlights a growing infrastructure gap between power generation and grid capacity, a $230 million pause for stability.

    Govt Freezes New Solar and Wind Licences Amid Grid Stability Concerns

    Jeff WintersIndustry & AnalysisNews & AnalysisNovember 4, 2025November 4, 2025

    The Electricity Regulatory Authority (ERA) has suspended licensing of new grid-connected solar photovoltaic (PV) and wind power projects. The suspension originates from concerns over the national grid’s current capacity to…

    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…

    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…

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    Latest Stories

    • Ugandan enterprises urged to explore regional oil and gas opportunities
      by Brian Emorut
      December 5, 2025
    • Uganda to host WFP Global Fleet Hub, establish unique humanitarian plates
      by Brian Emorut
      December 4, 2025
    • Ugandan Enterprises urged to prepare for production-phase opportunities in Oil and Gas
      by Brian Emorut
      December 4, 2025
    • 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
      by CEO East Africa Magazine
      December 4, 2025
    • The Tax Appeals Tribunal backs URA in Nile Breweries export row, finding Kabaco and Ituri were buyers, not agents. Beer sold locally then exported, triggering VAT and excise; assessments upheld.
      The Nile Breweries-URA UGX 18.5 Billion Fight: When ‘Export’ Became the Battleground That NBL Eventually Lost
      by CEO East Africa Magazine
      December 4, 2025
    • Equity Bank Champions Second Gulu Marathon
      by Brian Emorut
      December 4, 2025
    • Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal
      by Paul Murungi
      December 4, 2025
    • Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 
      by Paul Murungi
      December 4, 2025
    • Companies Rise or Fall on How Well They Renew Their Leaders
      by Guest Writer
      December 4, 2025
    • Uganda’s property market mirrors the macro: steady growth, low inflation and a firm shilling support demand. Urbanisation and new industrial cities spread opportunity, but quality supply remains scarce in 2026.
      The Future of Uganda’s Property Market and Where to Invest in 2026
      by Jeff Winters
      December 4, 2025
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