LIST: Salaries of Top Kiira Motors Bosses Earning Between Shs20m and Shs45m Every Month

Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a global Vehicle Design Summit, later producing the Kiira Electric Vehicle (EV) in 2011—Africa’s first electric car. The initiative was subsequently adopted and commercialised by government around 2018, transforming it into a national enterprise aimed at building a domestic vehicle manufacturing industry.

Over the years, Kiira Motors has chalked up major milestones in green mobility, positioning Uganda among Africa’s innovators in electric transport. The company developed the Kiira EVS hybrid and later unveiled the Kayoola Solar Bus, the first of its kind on the continent. It has since rolled out a range of buses, including fully electric models designed for urban transport, as it pushes to modernise public mobility while reducing carbon emissions.

The firm’s ambitions were further cemented with the commissioning of the Kiira Vehicle Plant in Jinja, described by some as Africa’s most advanced bus manufacturing facility. The plant is expected to boost local production, create thousands of jobs, and reduce Uganda’s reliance on imported vehicles, marking a significant step in the country’s drive toward industrial growth and sustainable transport solutions.

According an ordinary resolution from the Extra Ordinary General Meeting of the Company held on February 06, 2026 in Kampala, officials at Kiira Motors Corporation unanimously resolved a number of issues, including those touching on the salaries of movers and shakers in the same company.

The company resolved “that the Report on the State of Kiira Motors Corporation (KMC) as at January 31, 2026 is hereby adopted,” and “that the Corporation’s Financial Statements for the Period Ended 30th June 2025 are hereby adopted and the Management’s decision to submit them to the Auditor General is hereby ratified.”

The top officials resolved that Dr Monica Musenero, the Minister for Science, Technology and Innovation in the Office of the President “should request H.E. the President of the Republic of Uganda to host the Pearl to Cape Expedition 2025 Homecoming.”

They also resolved that Minister Musenero “should engage the PSST [Finance Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi] for timely release of approved capitalisation for FY 2025/26, UGX 54.2B and the pledged USD 143M Equity Investment.”

The officials also resolved that Dr Musenero should engage the Government of Uganda to secure full endorsement and implementation of the Offtake Plan, valued at Shs 1.115 trillion, for the procurement of 2,715 vehicles over the five-year period running from financial year 2026-27 to financial year 2030-2031.

It was also resolved that management should integrate a roadmap for listing Kiira Motors Corporation on the Uganda Securities Exchange and to re-submit the business plan for consideration.

The extraordinary meeting also resolved that members of the Executive Management of Kiira Motors Corporation be appointed to serve from July 2026 to June 2030.

It was resolved that Paul Isaac Musasizi, the Chief Executive Officer, serve from July 1, 2026 to June 30, 2030) at a monthly salary of UGX 45,817,500.

Eng Richard Madanda, the Director in charge of Production, was appointed to serve from July 1, 2026 to June 30, 2030) at a monthly salary of UGX 24,790,000.

C/Eng Albert Akovuku, the Director of Product Development, was appointed to serve from July 1, 2026 to June 30, 2030 at a monthly salary of UGX 24,790,000.

Elias Bwambale, the Director Legal Affairs and Compliance, was appointed to serve from March 1, 2026 to February 28, 2030, at a monthly salary of UGX 20,350,000.

Eng Fred Matovu, the Director in charge of Quality, Health Safety and Environment Management, was appointed to serve from March 1, 2026 to February 28, 2030, at a monthly salary of UGX 20,350,000.

Enock Treasure Mwesigwa, the Director in charge of Marketing and Sales, was appointed to serve from March 1, 2026 to February 28, 2030 at a monthly salary of UGX 20,350,000.

Eng Kavuma Ian John, the Managing Director, E-Bus Xpress Kiira Ltd, was appointed to serve from March 1, 2026 to February 28, 2030, at a monthly salary of UGX 20,350,000.

Meanwhile, in what appears like booming business, Kiira Motors has secured a juicy deal to supply 820 electric buses to South Africa at over Shs1bn each, as detailed Here.

You can see the lists of most highly paid Museveni advisors and State House employees, some of whom earn between Shs30m and Shs100m every month Here, There and Over There.