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TodayMonday, May 04, 2026

Uganda- Page 2

Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.
Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts. They are
February 13, 2026
Paul Musasizi leads Uganda’s boldest industrial bet into its hardest phase: from flagship factory and continental showcase to commercial reality, where execution, revenue, and credibility must finally align.
Paul Musasizi leads Uganda’s boldest industrial bet into its hardest phase: from flagship factory and continental showcase to commercial reality, where execution, revenue, and credibility must finally align.

Paul Musasizi and the Hardest Phase of Kiira Motors

Paul Musasizi is the chief executive of Uganda’s most ambitious industrial experiment, one that ended 2025 on a high, even as the pressure on execution has never been greater. In September 2025,
February 6, 2026
A photo collage of Uganda's Finance Minister Matia Kasaija, Finance Ministry Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, Bank of Uganda Governor, Michael Atingi-Ego, and Absa Bank Uganda Managing Director, David Wandera.

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

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 Africa Financial
January 27, 2026
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A photo collage of U.S Ambassador to Uganda, William W. Popp, U.S Ambassador to Nigeria, Richard Merrill Mills Jr., and U.S Ambassador to Rwanda, Eric W. Kneedler.

Uganda, Rwanda and Nigeria Affected as Trump Recalls Nearly 30 Ambassadors Globally

In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move officials describe
December 23, 2025
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A photo collage of Abdi Mohamed- Absa Bank Kenya CEO, Khalid Garousha- Senior Partner of A&O Shearman, Michael Katz- Chairman of ENSafrica. Bottom row: Kentaro Okuda- President and Group CEO of Nomura Holdings, Atsushi Katsuki- President and Group CEO of Asahi Group Holdings, Jane Karuku- the Group MD & CEO of EABL.

Absa, ENS Africa, A&O Shearman and Nomura Advise Asahi Holdings on USD 2.3bn Acquisition of 65% Stake in EABL

Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition of a
December 18, 2025
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On Wednesday, the Government of Uganda and the United Nations World Food Programme signed a milestone agreement designating Kampala as the headquarters for the WFP Global Fleet Hub.

Uganda to host WFP Global Fleet Hub, establish unique humanitarian plates

The Government of Uganda and the United Nations World Food Programme signed a landmark agreement Wednesday that establishes Kampala as the home of the WFP Global Fleet Hub, a strategic base designed
December 4, 2025
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A photo collage of Uganda's powerful businessmen; Simba Group's Patrick Bitature, Hamis Kiggundu of Ham Group of Companies, Kampala International University Proprietor, Hassan Basajjabalaba and Dei BioPharma's Mathias Magoola.

Debt, Deals & Disputes: Inside the High-Stakes Legacy-Altering Legal Battles of Ugandan Billionaires — Bitature, Basajjabalaba and Dei’s Magoola

The past five years have not gone particularly well for Uganda’s billionaire class. Once the undisputed symbols of local enterprise and ambition, several of the country’s most prominent businessmen have found themselves
November 10, 2025
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