Have you ever wondered what truly distinguishes a successful CEO from the rest? Beyond titles, corner offices, and headline results, what habits sustain leaders at the very top? That is especially in environments marked by volatility, regulation, rapid technological change, and heightened stakeholder scrutiny. In Uganda’s evolving business landscape, chief executives are leading institutions that carry enormous economic, social, and national significance. From telecommunications and banking to insurance, capital markets, energy, real estate, and pharmaceutical manufacturing, these leaders operate at the intersection of people, capital, and long-term responsibility. Their decisions ripple far beyond balance sheets, shaping livelihoods, markets, and public…
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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 home to Shoprite and Game Stores. The mall, which has since been rebranded to YK Lugogo Mall, is undergoing an extensive facelift and expansion aimed at transforming it into a modern, multi-utility lifestyle hub. According to knowledgeable sources close to the deal, the transaction was concluded between late 2023 and early 2024. The property was at the time of sale valued in the region of USD20 million according to knowledgeable…
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The nation is in mourning following the untimely death of Rajiv Ruparelia, the 35-year-old son of business magnate Dr. Sudhir Ruparelia and a prominent entrepreneur in his own right. Rajiv…
On a regular matchday, floodlights blaze across MTN Omondi Stadium as the roar of the crowd pierces through the Lugogo-based stadium. It is a scene Anisha Shahir Muhoozi has been accustomed to ever since took over the KCCA Football Club. At the helm of KCCA, she is not just running a team; she is transforming a club once mired in financial uncertainty into a thriving, multi-billion-shilling machine. Muhoozi’s journey into Ugandan football was a long shot, a detour from the world of banking. For a decade, she had built a career in the world of finance, as a banker with…
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Ali Monzer, a seasoned telecommunications professional has been appointed the new Chief Executive Officer of MTN Rwanda. He replaces Ms. Mapula Bodipe, a South African national who has been holding the position since September 2022. Mr Monzer spent close to a year as the MTN South Sudan CEO from April 2024, a relatively short period for a serving CEO. Before moving to restive South Sudan, Mr Monzer had been a household name in Uganda’s telecommunications sector, where he had spent close to six years as the MTN Uganda Chief Technology and Information Officer. Mr Monzer has over 24 years…
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Over the last 30 years, Knight Frank has dominated the real estate sector in Kampala and Uganda, by extension. This elite property firm offers valuation and consultancy services, residential and commercial agency, and property management. Over the years, Knight Frank has curved a niche market on which it has built a large commercial and residential agency portfolio that promises and offers satisfaction for both sole-occupant and multi-tenanted clients. However, behind this success the constant remains Mrs Kyanda, who, as managing director, has more than two decades propelled Knight Frank above the rest in a relatively fragile real estate sector that…
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Before retreating to Zambia, Cornwell Muleya was a soft spoken executive with grand ambitions for Uganda Airlines after his appointment as an Acting Chief Executive Officer in 2019. He wasn’t a newcomer in the aviation industry having demonstrated similar experience working with airlines elsewhere across the continent. He had survived Covid -19 which paralyzed air travel, but couldn’t survive the office politics and its attendant consequences at Uganda Airlines. He left Uganda at the tail end of 2022. The Chemical Engineer and certified accountant is now at the lead of Zambia’s Industrial Development Corporation (IDC), the country’s investment holding company tasked…
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In bid to curb climate change effects in Uganda, CEOs have been urged to integrate sustainable practices in their business model to avert risks associated with climate change. The call was made during the 14th edition of the Annual CEO Forum held at Kampala Sheraton Hotel. Running under theme, “Navigating the Climate Crisis: A Call to Action,” the 2023 CEO Forum attracted over 100 business leaders and key decision makers who convened to deliberate on key issues that not only drive organization success but champion sustainability conversation in the society. Country Team Leader, CEO Summit Uganda, Stephen Mukasa, urged CEOs…
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The report notes that the “decrease in loan applications is an indication of the lingering effects of the global tight monetary policy implemented since June 2022 that has led elevated lending rates.”
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As Uganda celebrates 61 years of independence under the theme: ‘Sustaining a united and progressive nation, taking charge of our future as a free nation’, the country encounters noteworthy structural challenges. Nevertheless, it is leveraging its inherent strengths to foster economic growth and sustain prosperity. Since gaining independence in 1962, Uganda has embarked on a dynamic economic journey characterized by low and high growth phases. The story of Uganda’s economic growth is told through the lens of statistics, and these numbers paint a vivid picture of the nation’s evolution. In 1962, Uganda began its post-colonial journey with a GDP of…
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