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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 MurungiExecutive ProfilesThe 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 MurungiNews & AnalysisTechnology & InnovationThe 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 & Financial ServicesBusiness & MarketsEast AfricaThe 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 & Financial ServicesEast 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 MurungiBanking & Financial ServicesBusiness & MarketsThe 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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    • UGAFODE Expands Aggressively in 2025 as Lending Jumps 26% and Deposits Rise 20%
      by CEO East Africa Magazine
      April 22, 2026
    • Chandan Singh assumes leadership at Bank of Baroda (Uganda), succeeding Shashi Dhar after a period marked by strong financial growth and operational stability. With rising profits, expanding assets, and increased lending, the transition signals continuity as the bank positions itself for further growth under experienced new leadership in a competitive market.
      Chandan Singh Takes Over as Bank of Baroda Managing Director after Strong Growth under Shashi Dhar
      by Jeff Winters
      April 22, 2026
    • 2025: Finance Trust Bank posts 32% growth in deposits; 74% surge in net profit in strongest performance yet
      by CEO East Africa Magazine
      April 22, 2026
    • When the Law Exists But No One Listens: Uganda’s Conflict of Interest Problem
      by CEO East Africa Magazine
      April 22, 2026
    • Mercy Kainobwisho has redefined URSB through people-centered leadership and bold reforms. By driving digital transformation, strengthening systems, and expanding access, she has turned the Bureau into a modern, high-performing institution. Her tenure reflects a balance of innovation and accountability, positioning URSB as a key pillar of Uganda’s economic development.
      Driving Transformation: Mercy Kainobwisho’s Five-Year Turnaround Has Transformed URSB From Legacy to a Digital Powerhouse
      by CEO East Africa Magazine
      April 22, 2026
    • Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, more efficient vehicles.
      Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses
      by Jeff Winters
      April 21, 2026
    • Attorney General Kiryowa Kiwanuka defends the Bill as a transparency tool, Uganda Bankers Association head Wilbrod Owor warns of risks to capital flows, while journalist Charles Onyango-Obbo questions its sweeping definitions, together reflecting the legal, economic, and public tensions shaping debate over Uganda’s proposed Protection of Sovereignty Bill.
      A Bill Like No Other: Sovereignty Protection Push Raises Economic, Legal, and Political Questions
      by Jeff Winters
      April 21, 2026
    • Delhi Public School (DPS) International Kampala Posts Strong CBSE Results; One-Third of Class Scores Above 90%
      by CEO East Africa Magazine
      April 21, 2026
    • Bank of Uganda kicks off domestic gold purchase from licensed miners in three-year pilot programme
      by Paul Murungi
      April 21, 2026
    • Court of Appeal Halts $230,000 Share Payment in Billionaire Amos Nzeyi’s Nando’s Franchise Dispute
      by CEO East Africa Magazine
      April 21, 2026

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