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Charles Mbire says governance drove him off Kampala Cement board

Charles Mbire, the Ugandan tycoon who chairs MTN Uganda, has broken his silence on the collapse of Kampala Cement, saying he resigned from the board more than three years ago over unauthorised transactions linked to his co-directors' business interests elsewhere.Mbire, who holds a 20 percent stake in the cement maker, said in a phone interview that he had been absent from the boardroom long before creditors moved in. "I have had nothing to do wi…
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Billionaires.Africa broke the news on Saturday, July 18, 2026.
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