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    Is EABL Next on the Market as Diageo Steadily Exits Africa?

    CEO East Africa MagazineEast AfricaNews & AnalysisThe Big StoryMay 22, 2025May 22, 2025

    East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent…

    Stanbic Bank Kenya’s Q1 Profit Drops by 16% on Lower Forex Income

    Paul MurungiAfricaNews & AnalysisThe Big StoryMay 12, 2025May 12, 2025

    Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc, reported a 16.6% decline in net profit for the first quarter ended March 2025, largely attributed to a sharp drop in…

    Stanbic Uganda Posts Record UGX 478 Billion Profit in 2024, Assets Cross UGX 10 Trillion Mark

    Paul MurungiBanking & InsuranceEast AfricaThe Big StoryMarch 24, 2025March 24, 2025

    Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda and four other subsidiaries, has announced a record net profit of UGX 478 billion for the financial year…

    Airtel Uganda reports UGX 317 billion in net profit as voice and data revenues grow 

    Paul MurungiEast AfricaFinanceNews & AnalysisTechnologyThe Big StoryFebruary 20, 2025February 20, 2025

    Airtel Uganda has reported a profit after tax (PAT) of UGX 316.7 billion for the 12 months to December 2024, signalling improved performance compared to in the same period in…

    Uganda Clays sinks deeper into losses

    Paul MurungiAfricaEast AfricaIndustry & AnalysisMediaNews & AnalysisThe Big StoryFebruary 5, 2025February 5, 2025
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    Auditor General reveals most profitable and loss-making gov’t agencies

    Paul MurungiCEOsFinanceICTIndustry & AnalysisManufacturingNews & AnalysisThe Big StoryUETCLJanuary 17, 2025January 18, 2025

    The Uganda Electricity Transmission Company (UETCL) has been ranked as the most profitable public company with a profit of UGX 82.3 billion earned through energy sales in the Financial Year…

    Rubanda’s woman’s path to prosperity with dfcu Bank’s GROW Loan 

    Paul MurungiCompany NewsNovember 30, 2024November 30, 2024

    For years, Gillian Kiconco, a dedicated young woman from Rubanda District, dreamed of making a difference in Uganda’s agricultural sector.  With a Diploma in Crop Production and a Bachelor’s in…

    Equity Group Holdings PLC Reports 3rd Quarter 2024 Profit After Tax of Kshs 40.9 Billion

    Brian EmorutAfricaCompany NewsEast AfricaFinanceThe Big StoryNovember 12, 2024November 12, 2024

    Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to…

    Stanbic Bank Uganda’s net profit surge to UGX 236 billion in the first half of 2024

    Paul MurungiCompany NewsAugust 18, 2024August 18, 2024

    Stanbic Bank Uganda has maintained a strong growth momentum in the first half of 2024 posting a profit of UGX 236 billion on its income statement.  This represents a 17.6…

    Sanlam Life Insurance Family Protection Plan still on course for Policyholders in Uganda  

    Paul MurungiCompany NewsThe Big StoryJuly 18, 2024July 18, 2024

    The Sanlam Life Insurance Uganda Chief Executive Officer, Gary Corbit has clarified about the legal status of Sanlam’s existing Family Protection Plan product, noting that its still on course, and…

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    Latest Stories

    • Ugandan enterprises urged to explore regional oil and gas opportunities
      by Brian Emorut
      December 5, 2025
    • Uganda to host WFP Global Fleet Hub, establish unique humanitarian plates
      by Brian Emorut
      December 4, 2025
    • Ugandan Enterprises urged to prepare for production-phase opportunities in Oil and Gas
      by Brian Emorut
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    • Century Bottling’s bid to knock out URA’s UGX 10.2b assessments failed as the Tax Appeals Tribunal ruled new audit facts allowed late claims for 2013–2019. It also rejected “parallel assessment” arguments and upheld reverse-charge VAT on separately invoiced Krones services (about UGX 364m). Other tax issues remain pending for now.
      Tribunal Backs URA in UGX 10.2 Billion Century Bottling Tax Fight
      by CEO East Africa Magazine
      December 4, 2025
    • The Tax Appeals Tribunal backs URA in Nile Breweries export row, finding Kabaco and Ituri were buyers, not agents. Beer sold locally then exported, triggering VAT and excise; assessments upheld.
      The Nile Breweries-URA UGX 18.5 Billion Fight: When ‘Export’ Became the Battleground That NBL Eventually Lost
      by CEO East Africa Magazine
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      by Brian Emorut
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    • Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal
      by Paul Murungi
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    • Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 
      by Paul Murungi
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    • Companies Rise or Fall on How Well They Renew Their Leaders
      by Guest Writer
      December 4, 2025
    • 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
      by Jeff Winters
      December 4, 2025
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