Matthias Magoola

Debt, Deals & Disputes: Inside the High-Stakes Legacy-Altering Legal Battles of Ugandan Billionaires — Bitature, Basajjabalaba and Dei’s Magoola

CEO East Africa MagazineCommercial JusticeNews & AnalysisThe Big StoryNovember 10, 2025November 21, 2025

The past five years have not gone particularly well for Uganda’s billionaire class. Once the undisputed symbols of local enterprise and ambition, several of the country’s most prominent businessmen have…

EXCLUSIVE: Despite receiving UGX578 bn from the gov’t Dei BioPharma’s Magoola refuses to pay Equity Bank and instead sues the bank

Muhereza KyamuteteraNews & AnalysisThe Big StoryAugust 7, 2024August 8, 2024

Despite having received UGX578.4 billion (USD million) in capitalisation from the government of Uganda, part of which was to be used to settle his indebtedness with Equity Bank, controversial pharma-entrepreneur,…

President Museveni launches Dei Biopharma’s pharmaceutical manufacturing plant

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 22, 2022October 22, 2022

President Yoweri Museveni, on Friday, October 21, commissioned the Dei Biopharma manufacturing facility in Matugga, near Kampala. The pharmaceutical plant will produce high-quality yet affordable medicines across a range of…

ABUSE OF COURT PROCESS: High Court quashes warrant of arrest issued by registrar in Dei Minerals boss dispute with ex-minister Musumba 

CEO ReporterNews & AnalysisSeptember 7, 2022September 7, 2022

The High Court in Kampala has quashed a warrant of arrest issued against the managing director of Dei Minerals International, Matthias Magoola, in which former Isaac Musumba sought to be…

Dei Biopharma awaits approvals on first Covid-19 medicine produced in Uganda

CEO ReporterNews & AnalysisThe Big StoryMarch 9, 2022March 10, 2022

MATUGGA – Dei Biopharma is awaiting approval of the World Health Organisation (WHO) to out it’s Molnupiravir drug, which will be the first such product to treat Covid-19 infection in…

Pharmaceutical Company pins Mutoni Construction (U) Ltd for Breach of Terms

CEO ReporterCompany NewsNews & AnalysisJanuary 4, 2022January 4, 2022

A company, setting up a pharmaceutical plant at Matugga on Bombo Road, on the outskirts of Kampala, has pinned a South African contractor of breaching terms and instead resorting to…