Muwanguzi believes Uganda’s future lies in safeguarding Ugandanness in technology — a form of techno-nationalism that protects the middle layer where SMEs thrive, nurtures young talent, and keeps value at home. From battling rejection to building Pegasus into one of Uganda’s most influential fintechs, he argues that visionary leadership, hard work, and fair competition are the real engines of job creation and economic resilience.
Ronald Muwanguzi Co-founder and Director at Pegasus Technologies, believes Uganda’s future lies in safeguarding Ugandanness in technology — a form of techno-nationalism that protects the middle layer where SMEs thrive, nurtures young talent, and keeps value at home. From battling rejection to building Pegasus into one of Uganda’s most influential fintechs, he argues that visionary leadership, hard work, and fair competition are the real engines of job creation and economic resilience.

In this conversation with CEO East Africa Magazine’s Muhereza Kyamutetera, Muwanguzi reflects on 17 years of building Pegasus, the grit it took to win boardroom trust without relying on political connections, and the hard-learned lessons in the business, regulation, and the disruptive future of AI.  At the core of Muwanguzi’s philosophy is what he calls safeguarding Ugandanness in technology — a form of techno-nationalism, where nations deliberately prioritise domestic innovation and control of critical technologies to protect jobs, create local value, and secure their economic future. Large investors and foreign capital alone, he argues, will not solve Uganda’s unemployment crisis….

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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