Spear Motors Uganda Archives

From Empire to Heirs: Inside the Wavamunno Business Succession and the Quiet Transition of Power

Paul MurungiExecutive Profiles The Big StoryAugust 1, 2025August 2, 2025

For decades, the name Gordon Babala Kasibante Wavamunno has been synonymous with entrepreneurship in Uganda. He is a self-made mogul whose business empire spans transport, real estate, publishing, media, manufacturing,…

UGANDA’S BILLIONAIRES: Gordon Wavamunno started-from-the-bottom to the top

CEO East Africa MagazineBillionaires The Big StorySeptember 23, 2022September 23, 2022

Prof. Gordon Babala Kasibante Wavamunno often referred to simply as Gordon Wavamunno is a Ugandan entrepreneur, businessman, and philanthropist. He is the owner of Spear Motors Uganda – the sole distributor of Mercedes Benz in Uganda. Born on 16th December 1943, Gordon Wavamunno is ranked high among the list of Uganda’s wealthiest men. He also serves as the honorary consul of Hungary to Uganda. In 2012, he was featured in Forbes Africa ‘Out of Adversity Comes Opportunity’ where he revealed that he chose business over education. Prof. Wavamunno is the Chairman and CEO of an enterprise that has earned him…

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