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    An Energy Sector in Disarray: OAG Report Reveals Serious Gaps in Uganda’s Oil & Gas and Electricity Subsectors

    Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 2, 2026February 2, 2026

    For more than a decade, Uganda’s energy sector—under the political stewardship of Ruth Nankabirwa Ssentamu since 2021—has ranked among the government’s top priority sectors, consistently absorbing trillions of shillings in…

    Uganda Airlines CEO Jennifer Bamuturaki and UEDCL boss Paul Mwesigwa are under intense pressure as public frustration, politics, and performance collide. Running strategic state enterprises with deep legacy problems, their survival may hinge less on history and more on how decisively they deliver results now.

    On the Edge: Why 2026 Could be a Make-or-Break Year for Uganda Airlines’ Jennifer Bamuturaki and UEDCL’s Paul Mwesigwa

    CEO East Africa MagazineThe Big StoryJanuary 3, 2026January 3, 2026

    If there are any Ugandan CEOs in the hot seat, then it is Uganda Airlines’ Jennifer Bamuturaki and Uganda Electricity Distribution Limited’s Paul Mwesigwa. They run two strategic state enterprises,…

    Powering the Nation: Beyond Blame, Toward ESG-Driven Electricity Governance in Uganda

    CEO East Africa MagazineEnergy, Oil & GasThought LeadershipDecember 21, 2025December 21, 2025

    Electricity is the invisible architecture upon which modern societies are built. It powers industry, sustains healthcare systems, enables education, fuels technological advancement, and underwrites national competitiveness. For Uganda, aspiring toward…

    UEDCL seals UGX 190 billion loan facility from Absa Bank Uganda amid performance probe

    Paul MurungiPolitics & GovermentThe Big StoryDecember 16, 2025December 16, 2025

    Uganda Electricity Distribution Company Limited (UEDCL) has secured a five-year financing facility worth USD 50 million (about UGX 190 billion) from Absa Bank Uganda to fund urgent upgrades to the…

    Energy Ministry orders UEDCL Board to investigate top management over performance gaps

    Paul MurungiPolitics & GovermentThe Big StoryDecember 5, 2025February 28, 2026

    The Ministry of Energy and Mineral Development has instructed the Board of the Uganda Electricity Distribution Company Limited (UEDCL) to carry out a comprehensive investigation into the performance and conduct…

    Umeme, UETCL Face off Over Estimated UGX 600 Billion Debt After Parliament Probe

    Paul MurungiBanking & Financial ServicesCompany NewsThe Big StoryOctober 14, 2025October 23, 2025

    The long-running standoff between Umeme and the Uganda Electricity Transmission Company Limited (UETCL) over a UGX 594 billion debt has once again thrown Uganda’s power sector into turmoil, exposing deep…

    CEO in the Hot Seat: Will UEDCL’s Paul Mwesigwa Keep the Lights On?

    Paul MurungiExecutive ProfilesThe Big StorySeptember 23, 2025September 23, 2025

    When the clock struck midnight on April 1, 2025, Uganda turned a historic page in its power sector. The familiar “Umeme Yaka” brand, etched into the daily lives of millions…

    Wendi by PostBank Trains Over 5,000 in Kampala, Wakiso, and Mukono to Accelerate Financial Inclusion 

    Paul MurungiBanking & Financial ServicesCompany NewsAugust 20, 2025August 20, 2025

    In a bold move to deepen financial inclusion across Uganda, Wendi, a digital mobile wallet developed by PostBank Uganda which has embarked on a journey to rebrand to Pearl Bank,…

    UEDCL Acquires More UGX 91 billion Loan From Absa Bank To Refurbish Dilapidated Electricity Infrastructure

    Paul MurungiNews & AnalysisPolitics & GovermentThe Big StoryMay 23, 2025May 23, 2025

    Uganda Electricity Distribution Company Limited (UEDCL), which has managed the country’s electricity distribution assets for 53 days since Umeme’s exit, has secured a USD 25 million (UGX 91 billion) loan…

    Operational Efficiency: Why UEDCL Needs A Robust E-Procurement System

    Macdonald Rukundo KyamuteteraThought LeadershipApril 11, 2025April 11, 2025

    From Enterprise Agility to Public Accountability On March 31, 2025, Uganda Electricity Distribution Company Limited (UEDCL) stepped into history, reclaiming its full mandate as the distributor of electricity nationwide. This…

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    • 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
    • Court of Appeal Upholds UGX 50 Million Damages Against UDB for Unjustified Withdrawal of Client Loan Facility
      by CEO East Africa Magazine
      April 21, 2026

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