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March 13, 2026
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    Uganda Securities Exchange

    MTN Uganda’s rally on the USE continues to create massive wealth for top local investors. NSSF’s stake has surged past Shs1.23 trillion, while chairman Charles Mbire’s 4% holding is now worth about Shs420 billion ($118M) as the share price climbed from Shs312 in November to Shs470.

    NSSF Stake in MTN Uganda Shoots to Shs1.23 Trillion in Less Than a Month

    CEO East Africa MagazineThe Big StoryMarch 4, 2026March 4, 2026

    MTN’s strong rally on the Uganda Securities Exchange (USE) continues to create significant wealth for its large local shareholders, with the telecom’s share price climbing steadily from Shs312 in November…

    Charles Mbire (left) and NSSF Managing Director Patrick Ayota (right) pictured with the MTN Uganda logo as MTN shares rally and NSSF’s stake surpasses UGX 1 trillion.

    NSSF stake in MTN Uganda hits UGX1 trillion

    Muhereza KyamuteteraBillionairesTechnology & InnovationFebruary 9, 2026February 9, 2026

    MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged…

    UMEME’s share price climb signals investor focus shifting from an expired concession to the London arbitration, where potential compensation and settlement outcomes could unlock significant post-concession value.

    UMEME’s Share Price Surge: What is the Market Beginning to Price In?

    CEO East Africa MagazineThe Big StoryJanuary 2, 2026January 2, 2026

    When UMEME’s concession ended in March last year, the market assumed finality. Power lines would keep running, but value, many believed, had gone with the concession. The share price, according…

    EABL’s East African footprint: A portfolio spanning Tusker and Guinness in Kenya, Nile and Bell in Uganda, and Serengeti and Konyagi in Tanzania, now offering Asahi immediate scale in a high-growth region, deep route-to-market access, and a platform to expand premium and global brands across East Africa.

    Everything You Need to Know About Diageo’s Sale of its 65% Stake in EABL to Japan’s Asahi Group

    CEO East Africa MagazineThe Big StoryDecember 18, 2025December 18, 2025

    East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its…

    Miriam Ekirapa Musaali, Cambridge-trained corporate finance lawyer and CMA Director Legal and Board Affairs, served Uganda’s capital markets with integrity, resilience, and faith through her cancer journey. Rest in peace.

    TRIBUTE | Miriam Ekirapa Musaali: A Testament of Faith, Courage, and Enduring Strength Against Cancer

    Muhereza KyamuteteraThe Big StoryDecember 10, 2025December 10, 2025

    In the days leading to her passing, Miriam Ekirapa Musaali, a distinguished corporate lawyer, governance expert, and one of Uganda’s most respected financial-sector minds, left behind more than a professional…

    Uganda’s property market mirrors the macro: steady growth, low inflation and a firm shilling support demand. Urbanisation and new industrial cities spread opportunity, but quality supply remains scarce in 2026.

    The Future of Uganda’s Property Market and Where to Invest in 2026

    Jeff WintersThe Big StoryDecember 4, 2025December 4, 2025

    Real estate markets are, at their core, mirrors of the economies they sit within. In advanced economies, that mirror reflects a relatively stable image: steady credit markets, predictable consumer demand,…

    DSE’s total assets reached TZS 42.02 billion ($15.86 million), reflecting a 17% increase from TZS 36.07 billion ($13.62 million) a year earlier.

    Dar es Salaam Stock Exchange Delivers 50% Profit Jump, Strengthens Balance Sheet to $15.9 Million in Assets

    CEO East Africa MagazineNews & AnalysisOctober 29, 2025October 29, 2025

    The Dar es Salaam Stock Exchange (DSE) has posted another quarter of solid financial performance, signaling strong operational resilience and investor confidence amid a tightening regional economic environment. For the…

    A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.

    Black Diamonds: Five Stocks that Beat Bonds and NSSF in Returns

    CEO East Africa MagazineThe Big StoryOctober 2, 2025October 10, 2025

    The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The…

    (Left to right): Stanbic’s Executive Director and Head, Personal & Private Banking, Samuel F. Mwogeza, Head of Wealth and Investment, Bernice Mvano, Head of Personal Banking, Israel Arinaitwe and Head of Private Banking, Arthur Kiwanuka. The team is reshaping how families think about money, legacy, and the futures yet to be written.

    Building Generational Wealth: Inside Stanbic’s Personal & Private Banking Transformation

    Paul MurungiThe Big StorySeptember 11, 2025September 16, 2025

    In a fast-changing Uganda, the definition of wealth is shifting. It’s no longer just about today’s comfort — it’s about building legacies that last. Across the country, more people are…

    MTN MoMo Uganda Separation Gains Momentum with High-Level Stakeholder Engagements

    Paul MurungiThe Big StorySeptember 6, 2025September 6, 2025

    The structural separation of MTN MoMo Uganda, a move that will see the country’s largest mobile money business operate as an independent, Bank of Uganda–licensed fintech company is gathering significant…

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    • Saviour Chibiya, Regional Chief Executive, Absa Group, addresses staff during a town hall meeting with Absa Bank Uganda employees at the Kampala Sheraton Hotel this week. During his visit to Uganda, Chibiya emphasised Absa’s ambition to become the “bank of choice for economic development” across the markets where it operates.
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