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    CEO East Africa Uganda Business News

    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…

    Beleaguered UNBS Executive Director James Nkamwesiga Kasigwa, former executive director David Livingstone Ebiru, Ben Manyindo, and Terry Kahuma. UNBS has had riotous leadership for over a decade now, which continues to undermine its core mandate of ensuring quality and keeping Ugandans safe.

    A Standards Bureau at War with Itself: How a Decade of Leadership Wars and Scandals Have Undermined UNBS

    CEO East Africa MagazineThe Big StoryOctober 27, 2025October 27, 2025

    From Kahuma’s corruption probes to Ebiru’s bribery confession and Kasigwa’s contested leadership, the Uganda National Bureau of Standards (UNBS) has spent more time battling itself than enforcing quality. For over…

    M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.

    Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

    Jeff WintersThe Big StoryOctober 24, 2025October 23, 2025

    At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring….

    Left to right: A photo collage of Hassanein Hiridjee, Geoffrey Donnels Oketayot, and Ronald Onzia. Hiridjee, together with Towerco of Africa Uganda, had sought to stay proceedings or refer a multimillion-dollar shareholder dispute to a UK court. However, court rejected the pleadings that Oketayot, Onzia, and another shareholder, George Arthur Ssamula, had strongly opposed.

    Ugandan Court Rejects Towerco Bid to Shift Dispute to UK, Citing Fraud Allegations and Public Policy

    CEO East Africa MagazineThe Big StoryOctober 24, 2025October 23, 2025

    In a ruling that reinforces Ugandan courts’ discretion to retain jurisdiction over disputes relating to alleged illegality, Justice Patience Rubagumya of the Commercial Division of the High Court declined to…

    A photo collage of former Kenyan president Uhuru Kenyatta, NCBA Group chairman James P. M. Ndegwa, NCBA Group managing director John Gachora, and former Kenyan minister, the late Simeon Nyachae, whose family maintains a substantial holding in NCBA Group. If Standard Bank, which trades as Stanbic in Uganda and Kenya, takes over NCBA Group, the key figures above, whose families are represented by different individuals as shareholders, will be some of the biggest beneficiaries from either a windfall in the form of a payout or a shareholder value addition derived from an enlarged regional banking powerhouse.

    The NCBA Windfall: Shareholders Set for a Windfall if Stanbic Seals the Takeover

    CEO East Africa MagazineThe Big StoryOctober 16, 2025October 23, 2025

    If the long-rumored Stanbic–NCBA merger or buyout becomes reality, NCBA shareholders could emerge as the biggest winners in East Africa’s next major banking shake-up. The market already seems to agree….

    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,…

    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…

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    • Ibrahim Kaddunabbi Lubega has led Uganda’s Insurance Regulatory Authority since 2010, overseeing the sector’s growth from UGX 240 billion to over UGX 2 trillion. His long tenure has brought stability and expansion, but now faces scrutiny as questions emerge over term limits and the future leadership of the Authority.
      Who Will Be the Next Insurance Regulatory Authority CEO: Or Will Lubega Be Granted a Fourth Term?
      by Jeff Winters
      April 20, 2026
    • Victoria University Appoints Meera Ruparelia to Council, Signalling a New Era of Leadership
      by CEO East Africa Magazine
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    • Uganda Airlines Restores Airbus A330-800neo to Service, Boosts Dubai Flights After Fleet Disruptions
      by Paul Murungi
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    • Strengthening Governance and Environmental Responsibility: The 2026 Tax Procedure and Miscellaneous Bills
      by CEO East Africa Magazine
      April 20, 2026
    • When the Phones go off: How Power Shortages are Undermining Uganda’s Digital Economy
      by Paul Murungi
      April 19, 2026
    • Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds 
      by Paul Murungi
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    • UNOC’s Big Leap: Profits, Pressure, and the Race Against Time 
      by CEO Reporter
      April 18, 2026
    • Uganda Clays has returned to profit, but its recovery remains fragile. Thin margins, weak cash flows, and a UGX 23.6 billion NSSF loan, partly unsecured, highlight underlying risks. As repayments loom in 2028, the company’s ability to sustain growth and meet its obligations will be the true measure of its turnaround.
      Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure
      by Muhereza Kyamutetera
      April 18, 2026
    • Victoria University Named Among Nine Accredited to Train Pharmacists as PSU Tightens Standards
      by CEO East Africa Magazine
      April 18, 2026
    • FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, oversight, and timely, lawful case resolution across institutions and sectors.
      79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering
      by Muhereza Kyamutetera
      April 18, 2026

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