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March 7, 2026
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    Uganda Business News

    A lead graphic showing Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, set against the Stanbic Bank headquarters in Kampala. The image accompanies the feature “Nine Months of Mumba,” which examines Kalifungwa’s early tenure and asks whether Stanbic can convert its balance-sheet scale and regional integration into faster, sustainable growth.

    All Eyes on Mumba Kalifungwa: 9 Months In, Can He Reignite Stanbic’s Growth?

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 29, 2026

    In a few weeks, Stanbic Bank Uganda — the country’s largest commercial bank — will release its full-year 2025 results. If its first-half performance is any indication, the bank is…

    Dangote Appoints MTN Group CEO Ralph Mupita to Fertilizer Board 

    Paul MurungiLeadership & GovernanceManufacturing & IndustryThe Big StoryJanuary 28, 2026January 28, 2026

    Dangote Industries has appointed MTN Group Chief Executive Officer Ralph Mupita to the board of its fertilizer business as the company prepares to expand operations and pursue a listing in…

    Parliament Questions UGX19 Billion Tax Waiver for Newplan Engineering Firm Linked to Oil and Power Contracts

    Paul MurungiEconomy & PolicyEnergy, Oil & GasThe Big StoryJanuary 28, 2026January 28, 2026

    Parliament’s Committee on Finance, Planning and Economic Development has pushed back against a proposal to waive UGX18.86 billion in tax arrears for Kampala-based engineering consultancy Newplan Limited, questioning both the…

    UCC Bans Split-Screen Advertising on NBS TV, Sets Precedent for All TV Stations

    Paul MurungiMedia & CommunicationThe Big StoryJanuary 28, 2026January 28, 2026

    The Uganda Communications Commission has banned NBS Television from airing split-screen adverts during its news and current affairs programmes, ruling that the practice violates the UCC Advertising Standards 2019 and…

    Uganda Climbs to 3rd Position in Africa’s Financial Markets Rankings, Takes Lead across East Africa

    Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryJanuary 27, 2026January 27, 2026

    Uganda has moved up to third position in Africa’s financial markets rankings, overtaking Nigeria and consolidating its position as the leading financial market in East Africa. According to the Absa…

    Who is Dr. Flavian Zeija, Uganda’s Newly Appointed Chief Justice?

    Paul MurungiLegal & JusticeThe Big StoryJanuary 22, 2026January 22, 2026

    President Yoweri Kaguta Museveni has appointed Justice Flavian Zeija as the new Chief Justice of the Republic of Uganda, elevating a seasoned jurist, academic and administrator to the country’s highest…

    StanChart Names Nigerian Banker Dalu Ajene as its New Africa CEO Replacing Kenya’s Kariuki Ngari

    Paul MurungiThe Big StoryJanuary 22, 2026January 22, 2026

    Standard Chartered Bank has announced a series of top leadership changes across its African operations, naming Nigerian banker Dalu Ajene as its new Chief Executive Officer (CEO) for Africa.  The…

    South Africa’s Nedbank to Acquire 66% Stake in Kenya’s NCBA Bank for $856 million

    Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryJanuary 21, 2026January 22, 2026

    South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group.  The move is set to hand the Johannesburg-listed lender…

    Four-Day Internet Shutdown Cost Uganda’s Telecoms an Estimated UGX 24 Billion in Lost Data Revenues

    Paul MurungiRegulation & ComplianceTechnology & InnovationThe Big StoryJanuary 21, 2026January 21, 2026

    Uganda’s two largest mobile network operators, Airtel Uganda and MTN Uganda, are estimated to have lost between UGX 22.8 billion and UGX 24 billion in data revenues following the four-day…

    What East Africa’s Senior Executives Are Reading in 2026 — and Why It Matters

    Paul MurungiCEO PerspectivesLeadership & GovernanceThe Big StoryJanuary 20, 2026January 20, 2026

    Frank Molla, Managing Director for Africa at payments giant MDP, is a strong believer that books are quiet mentors and companions that steer leaders toward depth, courage, and beautifully human…

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    Latest Stories

    • Catherine Bwire, the Ecobank Uganda head of information security and data protection officer reflects on building trust in the digital economy and championing greater female leadership in cybersecurity, as she earns recognition as a finalist for the Global Top 100 Information Security Professional Award 2026 during Women’s Month celebrations.
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