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March 6, 2026
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    Ministry of Finance

    Finance Trust Bank Managing Director Annet Mulindwa Nakawunde, Opportunity Bank Chief Executive Officer Owen Amanya, ABC Capital Chief Executive Officer Jesse Timbwa and Guaranty Trust Bank Managing Director Ali Fatima. The four executives have steered their institutions through the difficult transition from Tier I commercial banks to Tier II credit institutions amid Uganda’s tighter capital regime.

    A Leaner, Stronger Sector, But at a Price: The UGX150b Rule Behind Uganda’s Four Bank Downgrades and an Exit

    The CEO Magazine TeamThe Big StoryJanuary 29, 2026January 29, 2026

    When Bank of Uganda, on Thursday (January 29, 2026), announced that Finance Trust Bank had been authorised to transition from a Tier I commercial bank to a Tier II credit…

    Simon Byabakama, Chairperson of the Electoral Commission, Abas Byakagaba, Inspector General of Police, and Johnson Byabashaija, Commissioner General of the Uganda Prisons Service, oversee the institutions responsible for administering, securing, and supporting the 2026 Presidential and Parliamentary elections.

    Inside the UGX1.1 trillion election budget

    CEO East Africa MagazineThe Big StoryJanuary 12, 2026January 12, 2026

    As Uganda heads into the much-awaited Presidential and Parliamentary elections this Thursday, January 15, 2026, the country will be voting in a process that has been financed through one of…

    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…

    Uganda’s property market mirrors the macro: steady growth, low inflation and a firm shilling support demand. Urbanisation and new industrial cities spread opportunity, but quality supply remains scarce in 2026.

    The Future of Uganda’s Property Market and Where to Invest in 2026

    Jeff WintersThe Big StoryDecember 4, 2025December 4, 2025

    Real estate markets are, at their core, mirrors of the economies they sit within. In advanced economies, that mirror reflects a relatively stable image: steady credit markets, predictable consumer demand,…

    A photo collage of Cornwell Muleya and Uganda Airlines chief executive officer Jenifer Bamuturaki. Muleya was controversially replaced by Bamuturaki after he was sacked and dragged to court over alleged mismanagement of the airline.

    Court Orders Uganda Airlines to Pay Former CEO Cornwell Muleya UGX 455 Million Over Illegal Dismissal

    CEO East Africa MagazineThe Big StoryNovember 6, 2025November 10, 2025

    The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, more than UGX455 million following a ruling that found his dismissal illegal. In a…

    A collage of NRM’s President Museveni, NUP’s Robert Kyagulanyi, and FDC’s Nandala Mafabi. The three parties’ manifestos promise on business differ. For large contractors and foreign investors, NRM’s continuity and scale may feel safest. For SMEs and startups, NUP’s promise of a level playing field is potentially the most transformative, while for agribusiness and rural financiers, FDC’s cooperative-driven model could expand markets and liquidity.

    Manifesto Economics: Which Promises Survive Contact with Uganda’s Business Reality?

    Jeff WintersThe Big StoryOctober 22, 2025October 22, 2025

    Markets in downtown Kampala remain lively, yet many traders quietly admit sales are slowing and loan costs are biting harder. It is the classic squeeze: weak consumer demand meeting tighter…

    Despite strong export growth, Uganda consistently runs a trade deficit, spending more on imports than it earns from exports. But the balance varies sharply depending on the country and region.

    Who are Uganda’s True Trade Partners?

    CEO East Africa MagazineThe Big StorySeptember 29, 2025October 7, 2025

    For decades, Uganda’s trade story has been defined by its deepening integration into regional markets, rising dependence on Asia, and enduring ties with Europe. But when you look past the…

    The business climate in August 2025 was defined by steady growth and bright expectations for the months ahead, set against the backdrop of tight credit, liquidity pressures, and rising costs.

    Uganda’s Business Confidence Index: Optimism Holds, But Strains Emerge Beneath the Surface

    CEO East Africa MagazineThe Big StorySeptember 28, 2025October 7, 2025

    The private sector entered August on a cautious but hopeful note. Two major business surveys show that while the economy remains on a growth path, financial strain and weak present…

    Many ordinary Africans have found themselves trapped in a system built by colonialists, optimized by neoliberals, and defended by large setups such as the IMF, UN, and World Trade Organization. It protects the rich while squeezing the poor.

    How Debt, Tax, and Colonial Legacies are Rigging Africa’s Future

    Jeff WintersThe Big StoryAugust 14, 2025August 14, 2025

    Christine Aber wakes before the sun does in Northern Uganda. She sets up her modest stall and begins the daily grind – selling a humble mix of millet flour, rice,…

    UDB, Ministry of Finance to Meet Over Ndere’s UGX 10 Billion Loan

    Paul MurungiBanking & Financial ServicesThe Big StoryJuly 9, 2025July 9, 2025

    Uganda Development Bank (UDB) and Ministry of Finance will this week hold a meeting aimed at structuring a plan for the repayment of a UGX 10.5 billion loan due to…

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