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December 5, 2025
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    Uganda Banking Sector 2024

    Nigerian Banks Fail to Deliver on Their Threat to Shake Up Ugandan Market

    CEO East Africa MagazineThe Big StoryMay 18, 2025May 18, 2025

    In a 2007 pre-opening interview with the CEO East Africa Magazine, Manz Denga, the then United Bank for Africa (UBA) Managing Director, spoke strongly about his bank’s ambitions in Uganda….

    Uganda’s Banks in 2024: Profits Surge, Giants Hold Ground, and Mid-Tier Challengers Rise

    Muhereza KyamuteteraIndustry & AnalysisThe Big StoryMay 5, 2025May 5, 2025

    Uganda’s banking industry closed 2024 on a notably stronger footing, driven by robust asset expansion, a resurgence in profitability, and intensified market competition. For the first time in over a…

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    Latest Stories

    • Netflix Strikes $82.7 Billion Deal to Take Over Warner Bros., Redefining the Global Entertainment Landscape
      by Paul Murungi
      December 5, 2025
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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.
      Former Marsh Uganda Chief Executive, Alexander Mukasa, Replaces Gary Corbit as SanlamAllianz Life Insurance Head
      by CEO East Africa Magazine
      December 5, 2025
    • Ugandan enterprises urged to explore regional oil and gas opportunities
      by Brian Emorut
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    • Uganda to host WFP Global Fleet Hub, establish unique humanitarian plates
      by Brian Emorut
      December 4, 2025
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      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
      December 4, 2025
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