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    Matia Kasaija

    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…

    In his response to audit queries, Benson Turamye (right) reported unmet targets as realized, which Auditor General Edward Akol (left) considered a misrepresentation of the issues.

    Caught offside: Auditor General Tells Benson Turamye’s PPDA to Stop Misreporting on Unmet Targets

    CEO East Africa MagazinePolitics & GovermentThe Big StoryJune 13, 2025June 13, 2025

    When the authority responsible for procurement and disposal of public assets falters in its duties, the impact doesn’t just stay within its walls – it ripples dangerously through the economy,…

    Wendi, PostBank’s Mobile Wallet Hits Over 1 million Users thanks to its 10% Annual Interest Incentive

    Paul MurungiCompany NewsNews & AnalysisTechnology & InnovationMay 8, 2025May 8, 2025

    In 2023, PostBank Uganda (PBU) launched an innovative digital wallet called Wendi. The mobile wallet was designed to foster prosperity for Ugandans by bridging the financial inclusion divide and extending…

    INVESTIGATION: Who Gave Away the Kinyara Sugar Farmers’ Shareholding in the Company Valued at Over USD 9 Million? 

    CEO East Africa MagazineThe Big StoryApril 12, 2025April 12, 2025

    Nearly two decades after the Government of Uganda privatised Kinyara Sugar Works Ltd — now Kinyara Sugar Ltd — hundreds of sugarcane out-growers in Masindi are still chasing a promise:…

    Bank of Uganda starts regulating big Saccos 

    Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 17, 2025March 17, 2025

    Bank of Uganda has started the implementation of regulation of substantially well capitalised Savings and Credit Cooperative Societies (Saccos).  The move, which starts with the issuance of an MDI licence…

    Hima Cement investor, Sarrai Group takes over Kilembe Mines with UGX 46 billion in accumulated losses 

    Paul MurungiBusiness & MarketsEnergy, Oil & GasThe Big StoryMarch 3, 2025March 3, 2025

    Hima Cement investor, Sarrai Group is set to take over and re-develop Kilembe Mines based in Kasese District after signing a new agreement with the government.  Hima Cement which is…

    EU Envoy Jan Sadek, PSFU’s Nzeyi, and Ministers Kasaija, Nyamutoro, and Mwebesa Push for Deeper EU-Uganda Mineral and AgriTech Trade

    Muhereza KyamuteteraNews & AnalysisThe Big StoryFebruary 20, 2025February 20, 2025

    Uganda and the European Union (EU) have deepened their commitment to strengthening trade and investment ties, focusing on Agricultural Technology (AgriTech) and Sustainable Mining as key drivers for economic growth….

    EADB ready to finance viable development projects and businesses 

    Paul MurungiBanking & Financial ServicesBusiness & MarketsC-Suite LeadershipCompany NewsEast AfricaGlobal NewsManufacturing & IndustryNews & AnalysisPolitics & GovermentThe Big StoryFebruary 11, 2025February 12, 2025
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    Money lenders lock horns with UMRA, Finance Ministry over 2.8% interest cap 

    Paul MurungiThe Big StoryNovember 20, 2024November 20, 2024

    Money lenders and some private sector players have warned of dire consequences to the economy over the new interest cap of 2.8 percent per month for money lenders instituted by…

    How NSSF has performed over the last 10 years

    Paul MurungiThe Big StorySeptember 27, 2024September 27, 2024

    In this immersive article, the CEO Magazine tracks NSSF financial performance over the last 10 years using a graphical presentation of the Fund’s data. Finance Minister Matia Kasaija took to…

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