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March 19, 2026
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    East Africa Business News

    Elizabeth Namaganda, Pride Bank Marketing Manager, advocates for empowering women through mentorship, equal opportunity, and inclusive leadership, championing a future where Ugandan women build stronger families, communities, and economies through shared growth.

    Build Homes, Not Empires: Why Empowering Women is Uganda’s Greatest Gain

    CEO East Africa MagazineWomen In LeadershipMarch 8, 2026March 8, 2026

    By Elizabeth Namaganda In the heart of East Africa, a pulse of resilience defines the Ugandan woman. As we celebrate Women’s Day under the theme “When we give, we gain,”…

    Three of Uganda Airlines’ six owned aircraft are grounded, forcing the carrier to operate below capacity and disrupt long-haul routes as new leadership steps in amid mounting financial pressure.

    Internal Report Shows Three Uganda Airlines Planes Grounded

    Paul MurungiThe Big StoryFebruary 21, 2026February 21, 2026

    An internal brief prepared for the new consulting cum interim chief executive officer, Girma Wake, shows that Uganda Airlines is currently operating only five aircraft against a required schedule of…

    Prof. Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, may have just let the cat out of the bag on Uganda’s glittering gold export boom — providing vital clues to the elephant in the room of the country’s overnight success story, long touted by government as proof of recent economic momentum: whose gold is it, really?

    ‘It May Not Be Ours’: Deputy Central Bank Governor Suggests Uganda’s Sudden USD6.4 bn Gold Boom is Fuelled by Re-Exports

    Muhereza KyamuteteraEconomy & PolicyThe Big StoryFebruary 13, 2026February 24, 2026

    The Deputy Governor, Bank of Uganda, Prof. Augustus Nuwagaba, has drawn attention to a key structural feature of Uganda’s recent gold export performance: while gold has become the country’s largest…

    Kenny Fihla’s bold tech-led retail reset sees him tap Sitoyo Lopokoiyit to power Absa’s next phase of reinvention.

    What Absa Group’s Hiring of M-PESA’s Sitoyo Lopokoiyit Reveals About Kenny Fihla’s Strategic Intentions

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 13, 2026February 13, 2026

    Hardly two weeks after Absa Group CEO Kenny Fihla concluded a high-level working visit to Nairobi, Kenya, the Group this week announced that it had hired Sitoyo Lopokoiyit as its…

    Charles Mbire (left) and NSSF Managing Director Patrick Ayota (right) pictured with the MTN Uganda logo as MTN shares rally and NSSF’s stake surpasses UGX 1 trillion.

    NSSF stake in MTN Uganda hits UGX1 trillion

    Muhereza KyamuteteraBillionairesTechnology & InnovationFebruary 9, 2026February 9, 2026

    MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged…

    Equity Bank Uganda to Relocate Core Banking Data From Kenya to Uganda  Under New Central Bank Rules

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 6, 2026February 6, 2026

    Equity Bank Uganda will this weekend migrate its core banking data — including its Finacle database — from Kenya to an in-country data centre in Uganda, in a move aimed…

    A lead graphic showing Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, set against the Stanbic Bank headquarters in Kampala. The image accompanies the feature “Nine Months of Mumba,” which examines Kalifungwa’s early tenure and asks whether Stanbic can convert its balance-sheet scale and regional integration into faster, sustainable growth.

    All Eyes on Mumba Kalifungwa: 9 Months In, Can He Reignite Stanbic’s Growth?

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 29, 2026

    In a few weeks, Stanbic Bank Uganda — the country’s largest commercial bank — will release its full-year 2025 results. If its first-half performance is any indication, the bank is…

    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…

    Deepak Pandey is poised for a comeback as CEO of the reorganised Jubilee Life Insurance, with insiders citing his experience, institutional knowledge and regional leadership as key to guiding the insurer’s next phase.

    Deepak Pandey Set for Comeback as CEO of Reorganised Jubilee Life Insurance

    CEO East Africa MagazineThe Big StoryDecember 23, 2025December 23, 2025

    Deepak Pandey is poised to make a return to the top of Uganda’s insurance industry after being lined up as Chief Executive Officer of the reorganised Jubilee Life Insurance, according…

    Amanda Ayebare, AutoXpress CFO: Balancing Survival and Growth in the Adventurous SME Landscape

    Paul MurungiBanking & Financial ServicesThe Big StoryDecember 12, 2025December 12, 2025

    AutoXpress Uganda CFO, Amanda Ayebare won the SME CFO Award at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. In…

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      • 100 Leading & Admired CEOs
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