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March 21, 2026
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    East Africa Business News

    Arthur Oginga, the man in Old Mutual’s hot seat, is steering through shaky ground and strong headwinds as he fights to complete the turnaround he began in 2020.

    In the Hot Seat: Old Mutual East Africa’s Arthur Oginga  

    Muhereza KyamuteteraBusiness & MarketsCompany NewsThe Big StoryOctober 14, 2025October 23, 2025

    When Old Mutual Holdings Plc (Old Mutual Group East Africa) released its half-year 2025 results, the numbers drew attention — and not for the right reasons. Profit before tax plunged…

    Muwanguzi believes Uganda’s future lies in safeguarding Ugandanness in technology — a form of techno-nationalism that protects the middle layer where SMEs thrive, nurtures young talent, and keeps value at home. From battling rejection to building Pegasus into one of Uganda’s most influential fintechs, he argues that visionary leadership, hard work, and fair competition are the real engines of job creation and economic resilience.

    AI, Regulation, and Protecting the Future of Ugandan Fintechs: Hard-Learned Lessons from Pegasus Technologies’ Founder, Ronald Muwanguzi

    Muhereza KyamuteteraExecutive ProfilesThe Big StorySeptember 29, 2025October 6, 2025

    In this conversation with CEO East Africa Magazine’s Muhereza Kyamutetera, Muwanguzi reflects on 17 years of building Pegasus, the grit it took to win boardroom trust without relying on political…

    Uganda telecom tower ownership dispute: Ubuntu Towers founders Geoffrey Donnels Oketayot, Ronald Onzia, and George Arthur Ssamula in legal battle with TowerCo of Africa Ltd (Mauritius) led by billionaire Hassanein Hiridjee, over alleged fraudulent share acquisition, corporate oppression, and takeover of Ubuntu Towers (later renamed TowerCo of Africa Uganda). Case involves MTN Uganda, Airtel contracts, and ongoing High Court proceedings in Kampala.”

    Ugandan Founders Lock Horns with TowerCo of Africa and Hassanein Hiridjee, its billionaire founder, in High-Stakes Telecom Battle

    Muhereza KyamuteteraThe Big StorySeptember 25, 2025September 25, 2025

    In 2019, three Ugandan entrepreneurs — Geoffrey Donnels Oketayot, Ronald Onzia, and George Arthur Ssamula — set out to disrupt the telecom tower industry by founding Ubuntu Towers Uganda Ltd….

    Photo shows KCB Bank Uganda Managing Director Edgar Byamah (right) with Acting Head of IT Willies Ochola. The two executives are leading efforts to strengthen IT oversight, restore customer confidence, and address the UGX 3.2 billion agent banking fraud breach. The incident highlights insider fraud risks, cybercrime threats, and vulnerabilities in Uganda’s fast-growing banking sector, as reported by CEO East Africa Magazine and Uganda Business News.

    Inside the KCB Bank Uganda Agency Banking System Breach: This Is What We Know So Far

    CEO East Africa MagazineThe Big StorySeptember 25, 2025September 25, 2025

    Following a brazen system breach that manipulated the agency banking platform to leading it to make double transactions to bank agents requesting float, CEO East Africa Magazine understands the system…

    Doreen A. Muhangazi, Chief People and Strategy Officer at Pearl Bank Uganda, captured during an exclusive interview on the Bank’s rebrand from PostBank to Pearl Bank. She highlights the new identity as a promise of shared prosperity, rooted in sustainable financial inclusion and entrepreneurship.

    EXCLUSIVE Q&A: Why Uganda’s Postbank Is Rebranding To Pearl Bank  And What It Means For Stakeholders

    Muhereza KyamuteteraNews & AnalysisThe Big StorySeptember 25, 2025October 10, 2025

    Now, in a defining moment, the institution is ushering in a new chapter by rebranding to Pearl Bank Uganda Limited—a transformation anchored in its five-year strategic plan and its enduring…

    The case began with consumer complaints in Uganda, Kenya and Egypt. Riders reported being charged more than the fare shown at booking, drivers cancelling after long waits, and being billed for rides that never materialized.

    No More Copy-Paste Contracts: How COMESA Rewrote Uber’s Rules in Africa

    Jeff WintersThe Big StorySeptember 25, 2025September 25, 2025

    After a two-year probe, COMESA’s Competition Commission has forced Uber to rewrite parts of its rider contract. The Commission says the parts of the contracts mislead and unfairly tilt risk…

    Photo collage showing Ruth Namuli, incoming CEO of SanlamAllianz Uganda General Insurance; Gary Corbit, CEO of SanlamAllianz Life; and Paul Kavuma, outgoing CEO of Jubilee Allianz Uganda, posed in professional headshots.

    EXCLUSIVE: Ruth Namuli to Lead SanlamAllianz Uganda, Poised to Become the Market’s New No.1 Insurer

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipSeptember 23, 2025October 7, 2025

    Ruth Namuli, previously the Chief Executive Officer of Sanlam General Insurance, has emerged as the Chief Executive Officer of SanlamAllianz Uganda General Insurance, the newly merged entity of Sanlam General…

    East Africa’s Bank Governors Shine in Global Central Banker Rankings

    Paul MurungiBanking & Financial ServicesThe Big StorySeptember 17, 2025September 17, 2025

     East Africa’s monetary chiefs, Michael Atingi-Ego of Uganda and Kamau Thugge of Kenya, have emerged among the world’s best-performing central bankers, according to London-based Global Finance Magazine’s 2025 Central Banker…

    GE HealthCare Appoints Dr. Alex Oketch, East Africa General Manager

    Muhereza KyamuteteraCompany NewsExecutive ProfilesSeptember 17, 2025September 17, 2025

    GE HealthCare, a leading global MedTech company headquartered in Chicago, Illinois, has appointed Dr. Alex Oketch as General Manager for East Africa. The leadership transition reinforces the company’s commitment to…

    With brands like Tusker, Bell, and Kenya Cane entrenched across the region, and a 14% foothold in Tanzania’s fast-growing beer market, EABL’s enterprise value is estimated at $2.8 billion.

    Record AGM Backs EABL Management and Board Amid Diageo Exit Talk

    Jeff WintersThe Big StorySeptember 17, 2025September 17, 2025

    East African Breweries Limited (EABL) has secured overwhelming shareholder backing. At its 103rd virtual annual general meeting – even as speculation intensifies over Diageo’s planned scale down – EABL, on…

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