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    A graphic representation of ICEA Lion operations across East Africa.

    US Insurance Giant to Exit ICEA Lion: What it Means for Uganda’s Insurance Market

    Jeff WintersThe Big StoryMarch 2, 2026March 3, 2026

    A major shift is underway in East Africa’s insurance sector after a US-based global financial services firm announced it will sell its entire 24.1% stake in ICEA Lion Insurance Holdings,…

    A photo collage of merged Olea managing director Fiona Magezi and chairman Paul Muhame. The Olea Marsh merger creates a top-five brokerage with 6.4% market share. Former Marsh client service head Magezi becomes Managing Director, while Muhame transitions to board chairman.

    Olea Finalises Acquisition of Marsh Uganda, Fiona Magezi to Replace Paul Muhame as Managing Director

    CEO East Africa MagazineThe Big StoryDecember 2, 2025December 2, 2025

    Pan-African insurance brokerage powerhouse Olea has completed the acquisition and full merger of Marsh Uganda. This marks one of the most significant consolidations in Uganda’s insurance broking sector in recent…

    Can Edward Nambafu restore Minet’s glory days as Uganda’s No.1 insurance broker? 

    Muhereza KyamuteteraBusiness & MarketsNews & AnalysisThe Big StoryJanuary 29, 2024January 29, 2024

    In November 2022, Minet Uganda⏤ a risk, re-insurance and human capital solutions advisory company celebrated its 5th anniversary. The company has however been present for much longer, but under different…

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    Latest Stories

    • State Trade Minister Wilson Mbasu Mbadi and UDC Executive Director Patrick Birungi engage during a visit to present key UDC documents, including the UDC Strategic Plan, the UDC Act 2016, and the corporation’s profile, as part of efforts to align on its mandate and future investments. However, growing concern in Parliament has emerged over the corporation’s dominant share of trade sector funding.
      UDC Set to Take 82% of Trade Ministry Budget, Raising Concern Among MPs
      by CEO East Africa Magazine
      April 17, 2026
    • In November 2024, President Museveni officially launched construction of the Kampala–Malaba Standard Gauge Railway, marking a major milestone in Uganda’s long-delayed efforts to modernise transport and boost regional connectivity.
      Uganda Turns to Citibank After Years of SGR Delays Over Financing
      by Jeff Winters
      April 16, 2026
    • Kenya Moves to Strengthen Consumer Safeguards with Draft Financial Protection Framework
      by CEO East Africa Magazine
      April 16, 2026
    • Important Things  You Need to Know About the Value Added Tax (Amendment) Bill, 2026
      by CEO East Africa Magazine
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    • David Wandera, Managing Director of Absa Bank Uganda — the first Ugandan to lead the bank in its over 90-year history — whose first full year at the helm delivered a 25% surge in profits, 46% growth in deposits, and a balance sheet that crossed the UGX 7 trillion mark, signalling a new phase of scale, discipline, and momentum.
      25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda
      by Muhereza Kyamutetera
      April 15, 2026
    • Josephine Okui Ossiya, Chief Executive Officer of Capital Markets Authority, reflects on three decades of market growth, highlighting regulatory innovation, investor confidence, and a vision to position capital markets at the center of Uganda’s economic transformation and future development.
      CMA @30: The Story of Uganda’s Capital Markets – Milestones, Growth, Challenges and the Road Ahead
      by Kisakye Imani
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    • The 2026 Excise Duty Proposals: A Detailed Overview of Rate Adjustments
      by CEO East Africa Magazine
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    Thought Leadership
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      • 100 Leading & Admired CEOs
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