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    Airtel Uganda Revenue hits UGX 1.07 trillion as net profit rises to UGX 197.2 billion in H1 2025

    Paul MurungiCompany NewsThe Big StoryAugust 28, 2025August 28, 2025

    Airtel Uganda closed the first half of 2025 with another step up in scale and profitability, as data demand propelled revenue growth and a strong lift in earnings.  Reported revenue…

    Uganda’s Fintech Rivalry: MTN MoMo Pulls Ahead in Size, Airtel Money Scores on Margins

    CEO ReporterThe Big StoryJune 24, 2025June 24, 2025

    In Uganda’s fast-evolving digital financial landscape, two telecom titans—MTN MoMo and Airtel Money—are locked in a high-stakes, trillion-shilling duel. Their battlefield? Mobile money. Their weapons? Revenue, reach, profitability, and performance….

    MTN Uganda Begins Gradual Separation of Mobile Money Business to Attract Fintech Investors

    Paul MurungiThe Big StoryJune 11, 2025June 11, 2025

    MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial…

    Rwanda’s Mary Baine Appointed New Executive Secretary of African Tax Administration Forum

    Paul MurungiProfilesThe Big StoryJune 3, 2025June 4, 2025

    The African Tax Administration Forum (ATAF) has appointed the former Commissioner General of Rwanda Revenue Authority,  Ms. Mary Baine as its new Executive Secretary, effective 1 July 2025.  Ms. Baine…

    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…

    MTN Uganda reports UGX 181 billion profit after tax in first quarter of 2025

    Paul MurungiICTNews & AnalysisThe Big StoryMay 7, 2025May 7, 2025

    MTN Uganda has announced a profit after tax (PAT) of UGX 181 billion for the first quarter ended March 31, 2025, representing a 20.6% year-on-year increase from UGX 150 billion…

    Bleeding Ink: New Vision announces financial loss for the year 2024

    CEO ReporterCompany NewsNews & AnalysisThe Big StoryMarch 26, 2025March 27, 2025

    The Vision Group, publisher of the New Vision newspaper, and owner of other affiliated media houses, has announced a loss for the financial year ending December, 2024.  A Board of…

    Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

    Paul MurungiBanking & InsuranceEast AfricaIndustry & AnalysisThe Big StoryMarch 24, 2025March 25, 2025

    Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…

    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…

    Search for credit: Borrowers register 10,730 securities worth UGX 16 trillion with URSB

    Paul MurungiFinanceIndustry & AnalysisThe Big StoryMarch 12, 2025March 12, 2025

    Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication…

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    • Moses Lutalo argues Uganda’s real estate struggles aren’t about demand, but broken systems: costly financing, volatile currency, heavy taxes, and weak land governance squeezing developers daily, scaring off long-term capital.
      Inside Uganda’s Property Market: Broll Uganda’s Moses Lutalo on Sector Realities and the Signals Investors Can’t Ignore
      by Jeff Winters
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      by CEO East Africa Magazine
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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.
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