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March 7, 2026
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    Government of Uganda

    Sanjay Rughani faces his defining test as Standard Chartered Uganda exits retail banking: turning a leaner, corporate-focused strategy into sustainable profits, disciplined returns, and lasting relevance in a tougher market.

    Sanjay Rughani and the Test of a Leaner Standard Chartered Bank

    Jeff WintersThe Big StoryFebruary 9, 2026February 9, 2026

    Last week’s signing between the Government of Uganda and Standard Chartered Bank offered a reminder of the institution’s enduring strength. The €641.1 million (UGX 2.75 trillion) financing package, covering power…

    Government of Uganda and Standard Chartered Uganda sign EUR 641.1 million (UGX 2.747 trillion) agreement to finance key infrastructure projects.

    Brian EmorutCompany NewsNews & AnalysisJanuary 30, 2026January 30, 2026

    Minister of Finance, Planning and Economic Development Hon. Matia Kasaija on behalf of the Government of Uganda and Sanjay Rughani the CEO and Head of Coverage, Uganda at Standard Chartered…

    UMEME’s share price climb signals investor focus shifting from an expired concession to the London arbitration, where potential compensation and settlement outcomes could unlock significant post-concession value.

    UMEME’s Share Price Surge: What is the Market Beginning to Price In?

    CEO East Africa MagazineThe Big StoryJanuary 2, 2026January 2, 2026

    When UMEME’s concession ended in March last year, the market assumed finality. Power lines would keep running, but value, many believed, had gone with the concession. The share price, according…

    Bank of Uganda Applauds Pearl Bank over Smooth Transition and Digital Innovation

    Muhereza KyamuteteraCompany NewsNews & AnalysisNovember 25, 2025November 25, 2025

    Pearl Bank’s transition from PostBank marks the culmination of a five-year transformation journey—one that has modernised its operations, expanded its national footprint, and positioned the institution as a digital-first champion…

    The Rising Woman initiative empowers Uganda’s female entrepreneurs with training, mentorship, funding and visibility, helping them build stronger businesses, access new markets and rise as leaders in the country’s economic transformation.

    How dfcu is Unlocking the Power of Uganda’s Women Entrepreneurs

    Jeff WintersCompany NewsNovember 19, 2025November 19, 2025

    In Uganda’s evolving entrepreneurial landscape, where the promise of economic independence often fades at the gates of gender inequality, dfcu Bank is quietly building a different gateway. One designed not…

    Court orders businessman Karim Hirji’s Imperial Royale Hotel to Refund UGX 5.05 billion and pay UGX 800 million in damages for breach of CHOGM contract

    Paul MurungiLegal & JusticeThe Big StoryNovember 5, 2025November 5, 2025

    The Court of Appeal has upheld a High Court decision ordering Imperial Royale Hotel, one of Kampala’s flagship luxury hotels, to refund government $1.46 million (about UGX 5.05 billion) and…

    Government Loses as Billionaire Businessman John Ssebalamu Secures Landmark Ruling in UGX 7.7bn Land Dispute — But Court Awards Him UGX 550m

    Muhereza KyamuteteraLegal & JusticeThe Big StorySeptember 15, 2025September 15, 2025

    When billionaire businessman John Ssebalamu acquired twenty parcels of land in Rubaga, Kampala, his vision was to build a state-of-the-art shopping mall that would transform the city’s retail landscape. The…

    Uganda-EU Business Insights highlights opportunities for growth in agriculture and mining

    Brian EmorutAgriculture & Agro-industryCompany NewsEnergy, Oil & GasFebruary 16, 2025February 16, 2025

    Hundreds of innovators/entrepreneurs graced the Uganda-EU Business Insights 2025 held on Thursday, February 13 at Mestil Hotel, Kampala. The event, organized by the European Union (EU) Delegation to Uganda in…

    Wendi Mobile Wallet Digitizes PDM Payments, Revolutionizes Financial Inclusion in Uganda

    Brian EmorutBanking & Financial ServicesCompany NewsTechnology & InnovationFebruary 16, 2025February 16, 2025

    Wendi mobile wallet developed by PostBank has revolutionized the payment process for the Parish Development Model (PDM) program through its innovative digital platform. By leveraging cutting-edge technology, Wendi has successfully…

    Government Deactivates 4,149 Employees from January Payroll Over Validation Irregularities

    Brian EmorutPolitics & GovermentThe Big StoryJanuary 23, 2025January 23, 2025

    The Government of Uganda has deactivated 4,149 employees from the January 2025 payroll following a second-round validation and headcount exercise conducted by the Ministry of Public Service. This decision was…

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