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Monica Musenero

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.
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%

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 Africa. It
June 23, 2025
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A photo montage of Finance Minister Matia Kasaija, Agriculture Minister Frank Tumwebaze, State Minister of Finance for Investment and Privatisation Evelyn Anite, Minister of Science, Technology and Innovations Monica Musenero, Kiira EV CEO Paul Musasizi, and Uganda Tourism Board CEO Lily Ajarova. Their dockets fall under some of the four prioritised sectors in the new financial year.

NATIONAL BUDGET: Who will eat a bigger pie under Uganda’s four priority sectors in the new financial year 

Finance Minister, Matia Kasaija yesterday unveiled the top four priority sectors in the 72 trillion Budget for the next Financial Year 2024/25 beginning July 1st.   Presenting the National Budget at Kololo Ceremonial
June 14, 2024
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