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April 21, 2026
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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?

    Jeff WintersThe Big StoryApril 20, 2026April 20, 2026

    As the clock ticks toward June, when the current term of Insurance Regulatory Authority (IRA) Chief Executive Officer Ibrahim Kaddunabbi Lubega is expected to expire, a quiet but palpable tension…

    Customers withdraw cash from an ATM, a routine transaction at the center of policy debate after government dropped plans to introduce a tax on all cash withdrawals.

    Govt Abandons Plan to Tax all Cash Withdrawals

    Jeff WintersThe Big StoryApril 2, 2026April 2, 2026

    Government has abandoned a proposed 0.25% excise duty on cash withdrawals from the financial system. The proposal, initially fronted under the 2026/27 Revenue Enhancement and Compliance Measures, was part of…

    Charles Mudiwa (left), CEO & Managing Director of dfcu Bank, and Jimmy D. Mugerwa, Chairman of dfcu Limited. Under Mudiwa’s leadership, dfcu Bank—the Group’s principal subsidiary—has delivered three consecutive years of growth, driving the bulk of the Group’s earnings recovery and underpinning its return to stability, profitability, and shareholder value creation.

    Charles Mudiwa leads Uganda’s dfcu Bank through 3 Straight Years of Growth— 2025 net profit reaches UGX 81.5 bn

    Muhereza KyamuteteraBanking & Financial ServicesMarch 30, 2026March 30, 2026

    dfcu Bank has this morning released its full-year 2025 financial results, delivering a third consecutive year of recovery and growth under Chief Executive Officer Charles Mudiwa, with net profit rising…

    Proposed tax hike on second-hand clothes is likely to reignite debate, as government eyes revenue and industrial growth, sparking concerns over a possible spike in prices, worsened by weak local capacity, and potential disruption to Uganda’s garments sector.

    Tax on Used Clothes to Increase to 30%

    Jeff WintersThe Big StoryMarch 29, 2026March 29, 2026

    Government has revived its efforts to rein in the importation of second-hand clothing, proposing to double the surcharge from 15% to 30% under the 2026/27 Revenue Enhancement and Compliance Measures….

    Government says the proposed excise duty on all cash withdrawals aims to boost revenue and fairness, as Uganda grapples with high cash usage and pushes toward a more transparent, digital financial system.

    All Cash Withdrawals Now to be Taxed

    Jeff WintersThe Big StoryMarch 29, 2026March 29, 2026

    In a move that seeks to boost domestic revenue, government has proposed a new levy on all cash withdrawals across the financial system. The 2026/27 Revenue Enhancement and Compliance Measures…

    Ramathan Ggoobi is steering Uganda toward a new fiscal era, pairing fresh taxes with aggressive enforcement to raise nearly UGX 4.8 trillion. His strategy signals a shift from policy to compliance, betting that smarter collection, not just higher taxes, will unlock revenue and reshape how the country funds its development ambitions.

    Inside Ramathan Ggoobi’s Plan to Raise UGX 2.3 Trillion in New Taxes and UGX 2.54 Trillion Through Enforcement

    Jeff WintersThe Big StoryMarch 26, 2026March 26, 2026

    When Finance Minister Matia Kasaija tabled government’s latest revenue proposals, attention quickly fixated on one figure: UGX 2.3 trillion expected from new tax measures. But buried deeper in the annexes…

    MTN and Stanbic: A Comparative Look at Two Market Leaders

    Muhereza KyamuteteraThe Big StoryMarch 25, 2026March 25, 2026

    MTN Uganda and Stanbic Uganda, arguably two of Uganda’s largest listed companies, have both released their 2025 financial results. Beyond their scale, the two are also among the country’s biggest…

    Tax Justice, Trust & Nation-Building: A Conversation with Tax Appeals Tribunal’s Crystal Kabajwara

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipMarch 25, 2026March 25, 2026

    In this interview with Muhereza Kyamutetera for our #WomenFixingUganda series, Crystal reflects on her journey, her values, and her mission as a nation builder—to rebuild trust at the intersection of…

    Stanbic’s Five-Year Scorecard: How Profit Growth, Deposits, Lending and Dividends Reshaped Performance

    Paul MurungiBanking & Financial ServicesThe Big StoryMarch 23, 2026March 24, 2026

    Stanbic Bank’s five-year performance story is, above all, a profit story. It offers the clearest window into how the bank has transformed its balance sheet, expanded lending, deepened customer deposits,…

    Serigne Dioum: Powering a $500 Billion Fintech Engine at the Heart of Africa’s Digital Economy

    Muhereza KyamuteteraBusiness & MarketsTechnology & InnovationThe Big StoryMarch 18, 2026March 18, 2026

    Writing on his LinkedIn page on 17th March, Serigne Dioum, the Group CEO, MTN Group Fintech, reflected on MTN’s FY2025 performance, where the numbers told a story few platforms on…

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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?
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