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    Safaricom

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal

    Paul MurungiCompany NewsEast AfricaThe Big StoryDecember 4, 2025December 4, 2025

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15…

    M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.

    Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

    Jeff WintersThe Big StoryOctober 24, 2025October 23, 2025

    At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring….

    NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line

    Paul MurungiBanking & InsuranceThe Big StoryOctober 15, 2025October 22, 2025

    Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is…

    Mobile Phone @30: Women Breaking Barriers and Redefining Leadership in Uganda’s Telecommunications Sector

    Trevor LutaloProfilesThe Big StoryJune 3, 2025June 3, 2025

    In May 1995, Celtel hit the ground running with the launch of the first mobile phone in Uganda, a rare opportunity in the country’s history that has gone on to…

    Airtel Africa to list its Airtel Money unit to counter growing dominance of mobile money and other fintechs

    Paul MurungiAfricaNews & AnalysisThe Big StoryMay 9, 2025May 9, 2025

    Airtel Africa has announced plans to list its Airtel Money unit to secure more capital as it seeks a top spot in the growing digital payments ecosystem across Africa, and…

    Former MTN CEO Wim Vanhelleputte Set to Take Over as Safaricom Ethiopia CEO

    Jonathan N. LubwamaCEOsCompany NewsEast AfricaNews & AnalysisAugust 31, 2023August 31, 2023

    Safaricom Ethiopia has announced the appointment of Wim Vanhelleputte as its new Chief Executive Officer, effective from September 1st, 2023. Vanhelleputte, the former CEO of MTN Uganda, will succeed Anwar…

    Wim, the ex-MTN Uganda CEO who quadrupled profits in 6 years, appointed Safaricom Ethiopia CEO

    Muhereza KyamuteteraCEOsCompany NewsThe Big StoryJune 28, 2023July 1, 2023

    Hardly a year into his new role as Operating Executive for the MTN Group’s WECA Markets of Liberia, Guinea-Conakry, Guinea-Bissau, and Congo-Brazzaville, Wim Vanhellepute, has been picked by Safaricom Plc,…

    MTN Values Mobile Money Arm at UGX18 trillion (US$5b), Considers IPO

    CEO ReporterCompany NewsApril 13, 2021April 13, 2021

    MTN Group Ltd. values its mobile money arm at about US$5 billion (UGX18 trillion) and will consider a listing of the division, joining African wireless carriers trying to monetize a…

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    Latest Stories

    • 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
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    • Gary Corbit drives SanlamAllianz Uganda’s new era of confidence, championing innovation and financial inclusion. Paul Mukasa, a Ugandan leader in service—pastoral, educational, and community-centered—embodies compassion and resilience. Together they reflect modern Ugandan leadership: protecting livelihoods for families today and tomorrow, nurturing hope, and inspiring progress across boardrooms, classrooms, and parishes.
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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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