The Big Story
INVESTIGATION: Who Gave Away the Kinyara Sugar Farmers’ Shareholding in the Company Valued at Over USD 9 Million? A 10% promise. A secret transfer. A billion-shilling question. Masindi farmers are taking on the state and corporate power in a landmark court case over shares they were promised—but never received—in Kinyara Sugar Ltd. Who gave them away?
by CEO East Africa Magazine
April 12, 2025April 12, 2025
- Share
- Tweet
- Pin it
- Share
- More


Hon. Matia Kasaija, Minister of Finance and Chairperson of DRIC; Patrick Bitature, Eminent Member; Emely Kugonza, then Chairman of the Uganda Investment Authority; Christophe Gashirabake, representing the Attorney General; Moses Mwase, Director of the Privatization Unit; and Jim Mugunga, Senior Public Relations Officer, Privatization Unit — some of the key officials who sat in the DRIC meeting that approved the controversial sale of farmers’ shares in Kinyara Sugar Ltd.
Nearly two decades after the Government of Uganda privatised Kinyara Sugar Works Ltd — now Kinyara Sugar Ltd — hundreds of sugarcane out-growers in Masindi are still chasing a promise:…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Subscribe
Log In
Log In
Related Stories


Bank of Uganda starts regulating big Saccos
March 17, 2025March 17, 2025


Hima Cement investor, Sarrai Group takes over Kilembe Mines with UGX 46 billion in accumulated losses
March 3, 2025March 3, 2025


EU Envoy Jan Sadek, PSFU’s Nzeyi, and Ministers Kasaija, Nyamutoro, and Mwebesa Push for Deeper EU-Uganda Mineral and AgriTech Trade
February 20, 2025February 20, 2025


EADB ready to finance viable development projects and businesses
February 11, 2025February 12, 2025
You May Also Like
OPINION: As a Stanbic Shareholder, Here’s What I’m Seeing in Uganda’s Banking Sector (2024)
April 22, 2025April 22, 2025
Pope Francis: The third visiting Pope who left an indelible mark on Uganda in 2015
April 21, 2025April 21, 2025
A leap out of the Covid-19 mess: Uganda’s tourism numbers returning to pre-2020 levels
April 21, 2025April 21, 2025
Government to reduce missions abroad to 15 – Minister Mulimba
April 18, 2025April 18, 2025
Related posts
Meet the Author
Gillion is a multi-concept WordPress theme that lets you create blog, magazine, news, review websites. With clean and functional design and lots of useful features theme will deliver amazing user experience to your clients and readers.
Learn moreCategories
- Africa (12,123)
- Business (562)
- Design (3)
- East Africa (739)
- Guide (7)
- Interior (1)
- Life (1)
- Lifestyle (5)
- Motivation (4)
- People (3)
- Photography (2)
- Rest of Africa (731)
- Review (1)
- Science (72)
- Style (1)
- Travel (5)
- World (173)
Subscribe Now
* You will receive the latest news and updates on your favorite celebrities!