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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 found themselves entangled in complex financial and legal battles — most of them involving commercial banks and cross-border lenders. Among them, Hamis Kiggundu, the property and retail magnate behind Ham Enterprises, waged one of Uganda’s most closely watched banking disputes. His companies owed USD 4,014,444 to Diamond Trust Bank Uganda and USD 6,974,600 to Diamond Trust Bank Kenya — a combined USD 10.99 million (approximately UGX 40 billion) in credit…
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dfcu Bank has reaffirmed its commitment to empowering Ugandan enterprises to participate competitively in the country’s oil and gas sector. Speaking at a Networking Forum hosted by the Industry Enhancement…
With the passing of Omulangira Dr. Paul Mawanda Kyabaggu on September 20, 2025, Uganda mourns one of its most enduring entrepreneurial pioneers. As founder and long-serving Chairman of Bukoola Chemical…
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,…
Who is Ms. Nsimenta Maxima? First of all, I am a strong believer in my God, an entrepreneur, founder, and CEO of Livara. I’m a mother of two kids, a 3-year-old boy and a 2-year-old girl who are my everyday reason for working harder. I’m a believer in Africanism and my life goal is to impact in that area especially young people to make sure that they believe in who they are, and they stop taking in that myth that terrible things come from Africa but to change that misconception. Give us more insights about what Livara really is. Livara…
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