Tag Archives: WARS

Shockwaves are still rippling through Uganda’s telecom corridors after Richard Yego, the Managing Director of MTN Mobile Money Uganda Ltd (MTN MoMo), stepped down, setting the stage for a dramatic February 2026 handover. Officially, it is a diplomatic transition. Unofficially, insiders are whispering about peanuts salary, boardroom jealousy, profit obsession and a silent corporate war that made his position untenable. …

A simmering domestic and corporate battle has erupted within one of Kenya’s most influential business families, pitting Peter Munga, the founder of Equity Bank Group, against his wife, Rose Njambi Munga, in a Ksh640 million ($5 million, UGX 17.4bn) legal fight over shares in Britam Holdings Plc. The case, now before the High Court in Nairobi, centers on 75 million …