Chief of Defence Forces (CDF) General Muhoozi Kainerugaba has ordered DAS Air Cargo to sell all its interests in Uganda to Uganda Airlines at what he described as a fair price.
In a statement, Gen Muhoozi said the price of the transaction will be determined by a government valuer.
“Furthermore, I am hereby ordering DAS Air Cargo to sell all their interests in Uganda to @UG_Airlines at a fair price. This fair price will be determined by the government valuer. This must be done no later than the 30th of November 2026,” Gen Muhoozi stated.
The directive has drawn attention within Uganda’s aviation industry, particularly because it involves the country’s national airline, Uganda Airlines.
Uganda Airlines was revived in 2019 after years of inactivity and has since expanded its operations to several destinations in Africa and beyond.
The national carrier has been working to strengthen its position in the regional aviation market while also expanding its passenger and cargo operations.
DAS Air Cargo has been involved in air cargo transportation and related aviation activities in Uganda and the wider region.
Gen Muhoozi’s directive could therefore have implications for the future of cargo transportation and logistics services in the country.
The government valuation is expected to establish the value of the interests involved before the transaction is completed.
By requiring the valuation to be conducted by a government valuer, the directive sets out a process for determining what should be considered a fair price.
The November 30, 2026 deadline also gives the parties a specific timeframe within which the proposed transaction is expected to be completed.
The development comes as Uganda continues to invest in strengthening its aviation sector and improving the capacity of its national airline.
Cargo services are particularly important to Uganda’s economy because they support the movement of agricultural products, manufactured goods and other commodities.
A stronger cargo operation could also support businesses that depend on reliable air transportation for regional and international trade.
Uganda Airlines has previously expanded its fleet and routes as part of efforts to establish itself as a competitive African carrier.
The proposed acquisition of DAS Air Cargo’s interests could potentially add another dimension to the national airline’s operations.
However, the actual terms and structure of the transaction will depend on the valuation and subsequent arrangements between the relevant parties.
The directive has also generated discussion about the government’s role in strategic sectors such as aviation.
Some observers are likely to watch closely to see how the government valuation is conducted and whether the November deadline will be met.
The transaction, if completed, could represent a significant development for Uganda Airlines and the country’s cargo aviation sector.
It could also influence how cargo services are organised and managed within Uganda’s aviation industry.
For now, attention remains on DAS Air Cargo, Uganda Airlines and the government valuation process as the November 30 deadline approaches.
