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    Kiira Motors has signed Letters of Intent with Nigeria for over 3,000 buses and Tanzania for 100 units. But without sufficient production, these deals are nothing more than theoretical lifelines.

    Underwhelming Returns: With a Target of UGX197b, Kiira Motors Only Earned UGX2.3b in the 2023/24 Financial Year, Which is Just 1.2%

    CEO East Africa MagazineBusiness & MarketsNews & AnalysisThe Big StoryJune 23, 2025June 23, 2025

    In Uganda’s long journey toward industrial self-reliance, Kiira Motors Corporation (KMC) stands as a symbol of ambition: a state-owned automaker daring to challenge a global industry from the heart of…

    After a Profits Surge, Serena Hotels’ Parent Group to Upgrade its Kampala Conference Centre and Other Group Hotels

    CEO East Africa MagazineHospitality & TourismNews & AnalysisReal Estate & ConstructionJune 23, 2025June 23, 2025

    Following a strong rebound in profitability, TPS Eastern Africa PLC (TPSEAP), the parent company of Serena Hotels, has announced a strategic refurbishment programme across its regional portfolio—beginning with a major…

    The Defining Moment After the Oath

    CEO East Africa MagazineSponsored ContentThought LeadershipJune 23, 2025June 23, 2025

    I solemnly swear……… is a defining moment for any leader who has vied for a post and they are now ready to take on the leadership mantle and start implementing…

    Uganda Property Holdings sits on a fortune of assets and potential, yet a number of its fundamentals have been declining due to the accumulation of uncollected rent.

    Asset-rich, Efficiency-poor: The Dilemma that Uganda Property Holdings Finds Itself In

    CEO East Africa MagazineReal Estate & ConstructionThe Big StoryJune 23, 2025June 23, 2025

    If Uganda Property Holdings Limited (UPHL) were a building, it would be a grand structure – spacious, magnificent on the outside, and centrally located. But get in and you notice…

    Yasser K. Ahmed, YK Lugogo Mall, YK Lugogo Mall Uganda, Riham founder, Biplous Uganda, Lugogo Mall Kampala, Game Stores Uganda exit, Shoprite Uganda exit, Kampala real estate deals, Retail property acquisitions Uganda, Commercial property investment Uganda, Uganda billionaire investors, Kampala shopping malls, High-value real estate Uganda, Real estate moguls Uganda, Top retail locations Uganda, Lugogo Nakawa Division, Kampala CBD real estate, Kampala mall ownership, Kampala commercial property boom, Lebanese investors in Uganda, Kampala mixed-use developments, Kampala real estate headlines, Commercial hubs in Kampala,

    Yasser K. Ahmed, the Lebanese Billionaire Behind Riham &  Biplous, Buys Lugogo Mall

    CEO East Africa MagazineThe Big StoryJune 20, 2025June 21, 2025

    In one of Uganda’s most recent consequential commercial real estate deals Yasser K. Ahmed—the Lebanese billionaire investor behind top Ugandan brands Riham and Biplous—has acquired the iconic Lugogo Mall, previously…

    Serena Hotel Kampala is among some of the properties owned by Nile Hotel International, managed by TPS under a concession.

    Is Nile Hotel Sitting on Gold but Mining Dust?

    CEO East Africa MagazineHospitality & TourismLifestyleThe Big StoryThe Executive TravelerJune 20, 2025June 21, 2025

    Nile Hotel International, a government-owned company that holds valuable land and buildings mostly for leasing purposes – including the spot where the five-star Kampala Serena Hotel sits — is making…

    The Auditor General found that UBC, which is led by Winston David Agaba, holds UGX318.79 billion in property, plant, and equipment, but over UGX26.32 billion worth of assets have been effectively declared worthless, yet continue to be used without revaluation.

    UBC Audit: A Sound Balance Sheet Masking Structural Fatigue

    CEO East Africa MagazineTechnology & InnovationThe Big StoryJune 20, 2025June 21, 2025

    On paper, Uganda Broadcasting Corporation (UBC) is financially sound. Yet, a deeper analysis of Auditor General Edward Akol’s report for the 12 months to June 2024 reveals a troubled national…

    New Vision managing director Don Wanyama (left) and chairman Patrick Ayota, an audit report says, have to work on closing existing small leakages because they have the potential to worsen an already fragile financial position.

    Intact on Paper, yet Vulnerable: Audit reveals New Vision’s slow-burning financial strain

    CEO East Africa MagazineTechnology & InnovationThe Big StoryJune 20, 2025June 21, 2025

    New Vision Printing and Publishing Company Limited remains profitable, solvent, and fully compliant, according to the Auditor General’s 2024 report. Whereas Auditor General Edward Akol gives the media conglomerate a…

    Positives and Missed Opportunities in the FY 2025/26 National Budget

    CEO East Africa MagazineThought LeadershipJune 19, 2025June 19, 2025

    Minister of Finance, Planning and Economic Development, Honorable Matia Kasiaja recently read the budget speech for financial year 2025/26. The theme for the budget is Full Monetisation of Uganda’s Economy…

    Goldstar Insurance Reaffirms Financial Strength with AA(UG) GCR Rating 

    CEO East Africa MagazineCompany NewsJune 18, 2025June 18, 2025

    Goldstar Insurance Company Limited has once again reinforced its position as one of Uganda’s most trusted and financially robust insurers. On May 12, 2025, GCR Ratings reaffirmed the company’s national…

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