Richard Matsiko Archives – CEO East Africa

CEO in the Hot Seat: Will UETCL’s Richard Matsiko Reverse the UGX 293 Billion Loss?

Paul MurungiEnergy, Oil & Gas The Big StoryFebruary 3, 2026February 3, 2026

Uganda Electricity Transmission Company Limited (UETCL) has emerged from the Auditor General’s FY2024/25 report as one of the most financially distressed entities in the country’s energy value chain—at precisely the…

Engineer Richard Matsiko Confirmed as UETCL Chief Executive Officer

Paul MurungiThe Big StoryJanuary 30, 2026January 30, 2026

The Board of Directors of the Uganda Electricity Transmission Company Limited (UETCL) has confirmed Eng. Richard Matsiko as the company’s substantive Chief Executive Officer, replacing Mr. Joshua Karamagi, who resigned…

BREAKING NEWS: UETCL CEO Joshua Karamagi Resigns, Eng. Richard Matsiko Appointed Acting CEO

Paul MurungiEnergy, Oil & Gas The Big StoryJuly 25, 2025July 25, 2025

In a surprise executive shake-up, Uganda Electricity Transmission Company Limited (UETCL) has announced the resignation of its Chief Executive Officer, Mr. Joshua Karamagi, CFA. The Board of Directors accepted his…