Judy Rugasira Kyanda

A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.
A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.

Surviving in a Cash-Crunch Economy: How CEOs, CFOs are Managing Debt, Forex, and Capital in a Tight Liquidity Market

Money remains expensive in Uganda. Bank of Uganda has kept its Central Bank Rate (CBR) at 9.75% since August 2025, one of the longest periods without adjustment. The message is clear: maintain
November 17, 2025
Celebrating 25 years of excellence, Knight Frank Uganda, led by Judy Rugasira Kyanda, continues to transform Uganda’s real estate industry through professionalism, integrity, and innovation. Built on the 129-year global Knight Frank legacy, the firm’s data-driven insights, ethical leadership, and visionary approach have set new standards in property management, valuation, and investment across East Africa.
Judy Rugasira Kyanda, Managing Director of Knight Frank Uganda, has led the firm’s remarkable rise to become Uganda’s leading property consultancy and industry thought leader. Over the past 25 years, she has championed professionalism, integrity, and innovation — building on Knight Frank’s 129-year global heritage and steering a bold vision to inspire the next generation of real estate leaders in Africa.

“Built on Legacy, Driven by Vision”: Knight Frank Uganda’s Judy Rugasira Reflects on 25 Years of Transforming Uganda’s Real Estate

As Knight Frank Uganda marks 25 years, how would you sum up what this milestone represents — for you as a leader, and for the legacy you’ve helped build? Twenty-five years is
November 11, 2025
Judy Rugasira, Managing Director of Knight Frank Uganda, seated in a professional setting, representing Christian leadership in Uganda. Her expression is composed and thoughtful, reflecting her faith-based approach to business, prayer-led decision-making, and commitment to ethical corporate culture. She stands as a leading example of Godly leadership, integrating spirituality and executive responsibility in Uganda’s corporate world.
“Leadership begins on my knees.” — Judy Rugasira Kyanda, Managing Director of Knight Frank Uganda, draws strength and clarity from daily prayer and Scripture, grounding her leadership in faith, integrity, and service.

Leading with Purpose: Judy Rugasira on Faith, Integrity, and Stewardship

How has faith influenced your leadership style at Knight Frank Uganda? My faith is the foundation of my leadership style – it shapes how I define success and how I treat people.
Judy Rugasira Kyanda, a visionary leader in real estate, has shattered glass ceilings in a male-dominated industry. Her hands-on leadership, integrity, and commitment to excellence have transformed Uganda’s property market, setting new standards for professionalism and best practices.

Shattering Ceilings, Building Legacies: Judy Rugasira Kyanda’s Trailblazing Leadership in Real Estate

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,
February 26, 2025
In their testimony, Knight Frank's executives, Marc Du Toit (left), the Head of Retail at Knight Frank Uganda, and Judy Rugasira Kyanda (centre), the Managing Director, indicated that Lutalo was the only third person with access to the report as in strongly believed to be the one who illegally accessed it and granted his new employer access to it.

Remorseless Broll Property Group executives in a face-saving campaign after Knight Frank Property Report plagiarism scandal

Moses Dennis Lutalo, the Country Manager of Broll Uganda, a subsidiary of Broll Property Group, a pan-African commercial property services company, is in the eye of the storm following a court ruling
December 21, 2024
Acacia Mall in Kampala, a symbol of the City's huge potential in retain real estate, has since been sold by the developer, citing a difficult operating environment.

Overtaxed, and bullied by corrupt regulators, helpless Asian real estate investors start ‘fleeing’ to Nairobi and Dubai

Acacia Mall one of Uganda’s prestigious and much sought-after malls has been sold. Alykhan Karmali’s Gulfstream Investments (U) Ltd, an investment vehicle through which he owned property, according to very knowledgeable sources,
LEFT-RIGHT: Knight Frank Uganda senior executives, Maude Kaweesa, Senior Property Manager for our Retail Portfolio; Lucy K. Wamimbi, Head of Residential; Herbert Okello, Head of Valuation & Advisory; Judy Rugasira, Managing Director; Patience Taaka, Head of Research and Sharon Kamayangi, Head, Occupier Services and Commercial Agency, at the release of the H2 2022 Kampala Market Performance Review report at the Hilton Garden Inn Kampala.

Top Knight Frank real estate trends that every property developer and tenant in Uganda must know to make or save money in 2023 and beyond

In the report released on January 13th 2023, covering the six months to December 2022, Knight Frank, observed that “2022 was a year of resilience, circumspection, and optimism” and that despite slow
January 14, 2023
Anthony Kituuka, incoming Equity Bank Managing Director.

THE RIGHT MAN FOR THE JOB: Industry leaders warm up to Anthony Kituuka’s new Managing Director role for Equity Bank Uganda

“An experienced seasoned banker”; “even-tempered gentleman”; “skilled, trusted and with strong integrity”; “humble giant with enormous grit” and the “right man for the job” are some of the words that various leaders,
A portrait of Judy Rugasira Kyanda painted by artist, Kwizera Alex at a recent dinner to celebrate her 50th birthday, organised by her friends and family. PHOTO/Kwizera

CEO OF THE WEEK: Meet Judy Rugasira Kyanda, the frank knight of Uganda’s real estate industry

Judy Rugasira Kyanda, the Knight Frank Uganda Managing Director is many things— a trailblazing entrepreneur, an industry leader, a thought leader and a mother. She is one of Uganda’s foremost property management
September 5, 2022
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