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March 7, 2026
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    East Africa

    Museveni Appoints Girma Wake Acting CEO of Uganda Airlines, Directs Bamuturaki to Step Aside

    Paul MurungiThe Big StoryFebruary 16, 2026February 16, 2026

    President Yoweri Museveni has directed that former Ethiopian Airlines Chief Executive Officer Girma Wake be appointed to lead a management transition at Uganda Airlines, amid ongoing efforts to stabilise the…

    Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

    South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

    The CEO Magazine TeamThe Big StoryFebruary 13, 2026February 27, 2026

    South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts….

    Tough Rules, Rising Competition Drive Uber Out of Tanzania Market

    Paul MurungiThe Big StoryTransport & LogisticsFebruary 2, 2026February 2, 2026

    Ride-hailing firm Uber has officially exited the Tanzanian market, ending nearly a decade of operations in the country.  In a message sent to customers, the company announced that its services…

    Uganda Climbs to 3rd Position in Africa’s Financial Markets Rankings, Takes Lead across East Africa

    Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryJanuary 27, 2026January 27, 2026

    Uganda has moved up to third position in Africa’s financial markets rankings, overtaking Nigeria and consolidating its position as the leading financial market in East Africa. According to the Absa…

    Ugandan Passport Ranks 71st in Global Index as Singapore Retains Top Spot

    Paul MurungiEast AfricaGlobal NewsThe Big StoryJanuary 18, 2026January 18, 2026

    Uganda’s passport has been ranked 71st globally, granting its holders access to 66 visa-free, visa-on-arrival or Electronic Travel Authorisation destinations, according to the Henley Passport Index 2026 Global Ranking released…

    Banks are lending more freely for now, but election uncertainty and rising credit risks are prompting lenders to prepare for tighter, more selective lending conditions as 2026 approaches.

    Banks Ease Lending Now but Prepare to Tighten as Election Risks Rise

    CEO East Africa MagazineThe Big StoryJanuary 6, 2026January 6, 2026

    Banks are lending more freely for now, but are preparing to tighten the taps as election uncertainty builds, and borrowers show signs of strain. Lending conditions in the quarter ending…

    Absa, ENS Africa, A&O Shearman and Nomura Advise Asahi Holdings on USD 2.3bn Acquisition of 65% Stake in EABL

    Paul MurungiEast AfricaGlobal NewsThe Big StoryDecember 18, 2025December 18, 2025

    Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition…

    Uganda to host WFP Global Fleet Hub, establish unique humanitarian plates

    Brian EmorutCompany NewsNews & AnalysisDecember 4, 2025December 4, 2025

    The Government of Uganda and the United Nations World Food Programme signed a landmark agreement Wednesday that establishes Kampala as the home of the WFP Global Fleet Hub, a strategic…

    Q&A: As Debt Surges, Equity Group’s Mwangi Says It’s Time for African Governments to Hand Development Projects to Private Sector

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 1, 2025December 1, 2025

    In a sweeping call for economic recalibration across the continent, Equity Group Managing Director and CEO, Dr. James Mwangi, has urged African governments to “let the private sector take on…

    East Africa has great potential; we will invest more, says Paul  Hanratty, Sanlam Group CEO 

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 1, 2025December 1, 2025

    The B20 Summit places productivity and resilience at the heart of Africa’s economic future.  Which structural weaknesses in Africa concern you most, and how is Sanlam positioning itself to strengthen…

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    Latest Stories

    • Catherine Bwire, the Ecobank Uganda head of information security and data protection officer reflects on building trust in the digital economy and championing greater female leadership in cybersecurity, as she earns recognition as a finalist for the Global Top 100 Information Security Professional Award 2026 during Women’s Month celebrations.
      Closing the Gender Gap in our Digital Defense Systems
      by CEO East Africa Magazine
      March 6, 2026
    • Ruparelia Foundation to Hold Free Eye Camp in Bukedea in Honour of Rajiv Ruparelia
      by CEO East Africa Magazine
      March 6, 2026
    • Standard Chartered Kenya Targets Nakumatt Properties in $14.3 Million Debt Recovery Battle
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    • Bank of Uganda Governor Michael Atingi-Ego, who now oversees the country’s banking supervision and resolution framework as the central bank confronts lingering questions about reforms following Parliament’s COSASE investigation.
      Seven Years After Parliament’s Probe into Controversial Bank Closures and Two More Failures Later: Has Bank of Uganda Learnt Anything?
      by Muhereza Kyamutetera
      March 6, 2026
    • I&M Bank Katogo Golf Series returns with Shs 796m boost and an exciting new format
      by Brian Emorut
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    • Kampala’s Property Market Shows Resilience as Economic Growth Rebounds to 6.3% — Says Knight Frank Report
      by Brian Emorut
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    • Canal+ shuts down loss-making Showmax Streaming Platform
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    • Damali Ssali says African women leaders are not just taking seats at the table; they are redesigning power by blending global thinking with deep local insight.
      Glocal Leadership: How African Women Are Redesigning Power From Inside Out
      by CEO East Africa Magazine
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