At the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. $113.476 billion (PPP, 2020 est.) Hamis has invested in real estate, agro-processing, education, and technology among others. Masaka, which used to be a larger town but is now a metropolis, includes Kalunga village. Managers must have emotional intelligence and stamina. Hamis Kiggundu recently spoke to Billionaires.Africas Editor-In-Chief Mfonobong Nsehe about his journey and his plans. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. A former Forbes Magazine contributor covering African wealth and entrepreneurship, Mfonobong conceptualized, initiated, and managed for a decade the Forbes annual ranking of Africas richest people. That is why they foreclose immediately as soon as you make a default on your payments. Hamis Kiggundu is one of the wealthiest people in Uganda as of 2023 and is supposed to have an estimated net worth of $1 billion. Man is successfully born with nothing but life. Kiggundu further underlined his commitment to helping the Ugandan people in July 2021, when he donated USh 530 million to the Government of Uganda to help in the purchase of COVID-19 vaccine doses. . In February 2020,Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. Hamis Kiggundu USD 870m Tycoon Hamis Kiggundu This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. The road to wealth for Kiggundu is quite an interesting one. But according to Kiggundu, his accusers are thieves who are using the Kabaka name to steal from ordinary men and women. [7][non-primary source needed], Kiggundu was born in 1984 in the Kalungu Masaka District in the Central Region of Uganda. Kalungu village is part of Masaka, which used to be a bigger town, but its now a city. Net worth: US$ 520,000,000 (Dec 2019 Estimate)-Assets, Income & Taxes: Parent(s) . With its focus on customer service, profitability and sustainability, The Ham Group is set to remain an important force in Uganda and internationally for years to come. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. He wanted to make sure that the stadium was accessible to not only athletes and fans, but also to individuals and community groups who wanted to make use of the space. The only way to pull Africa out of poverty to prosperity is for us Africans to accept it as our responsibility and obligation. Tell us about that business. Kiggundu is the CEO of the Ham Group of Companies and is one of the wealthiest persons in Uganda with an estimated net worth of US$700 Million. While his decision to provide cash donations was controversial, Kiggundus intent was to provide a lifeline to those journalists who had been struggling during the pandemic. In April 2020, Ugandas COVID-19 task force was the recipient of an incredible donation from Hamis Kiggundu, who provided food relief supplies to help the nation fight the pandemic. Copyright 2023 Daily Express Uganda. According to Forbes, he has a net worth of $900 million. Through this link, Kiggundu runs an online learning platform, Hamz Campus, Hamz Wave, a Video Streaming App, and Hamz Line a social media platform. In 2017, the Ugandan government entered into a joint venture with Ham Group to effect major renovations at the stadium, involving an improvement to grounds, increasing seating from 30,000 to 35,000 and constructing retail shops inside the outside walls of the facility. 10 What is the net worth of Hamis Kiggundu? [6], He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). It comes fully equipped with its helipad and will be a regional tourist attraction. What started off as a small trading enterprise has grown from strength-to-strength and become the face of the multinational organisation it is today. Hamis Kiggundu commonly known as Ham,[2][3][4][5] born February 10, 1984 in Masaka, is a Ugandan based international businessman, investor, real estate and property developer, philanthropist,[6] author and lawyer. Throughout the course of the project, Kiggundu managed to add a new athletics track, basketball court, and seven artificial turf pitches. The Ham Group, a global trading enterprise and one of the leading logistics and real estate companies in the East African Community, was started in 2005 by young entrepreneur, Francis Kiggundu. Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. Ham himself has a net worth of over 980 million US dollars which is accounted for by his company Ham Group which owns around 90 per cent of the company. 12 Who is the richest in Uganda 2021? The last two years have disrupted many things including the wealth of the rich class. The highest achievement of a Lifetime", "10 Things You Didn't know about Ham Hamis Kiggundu", "The Untold Story Of Uganda's Youngest Billionaire Hamis Kiggundu And", "M7 Directs Ham Enterprises To Re-Develop Nakivubo Stadium", "First Lady's visit an endorsement of Nakivubo work, says", "Nakivubo Stadium re-development takes shape", "Covid-19: Businessman, Hamis Kiggundu, gives Shs100 million to help needy", "UJA to Support Journalists with Foodstuff", "Journalists scramble for Hamis Kiggundu's cash", "Tycoon Hamis Kiggundu donates Shs 530 Million to purchase Covid-19 Vaccine doses", "Tycoon Ham Kiggundu donates 15,000 COVID-19 doses to Ugandans The Informer UG", "Big push as city mogul Ham donates UGX.530M to purchase 15000 doses of COVID-19 vaccine", "Hamis Kiggundu vs DTB; DTB Set to Lose Billions in New Application", "Ham wins DTB in Shs120bn fraud case, Bank ordered to refund businessman", "Why Hamis Kiggundu won multi-billion court case against DTB", "Court orders DTB to refund immediately Shs 120bn to Ham", "Principal judge 'rejects' bribe offer in Ham-DTB appeal case", "City tycoon Ham Kiggundu has taken Kabaka Ronald Mutebi to Court", https://en.wikipedia.org/w/index.php?title=Hamis_Kiggundu&oldid=1150454747, Businesspeople in the hospitality industry, Short description is different from Wikidata, Wikipedia pages semi-protected from banned users, Wikipedia articles with undisclosed paid content from March 2021, Creative Commons Attribution-ShareAlike License 3.0. With a net worth of US$870 million, Kiggundu is now seen as one of the wealthiest people in Uganda and a success model for the entire African nation. He allegedly accused the bank of fraud of over 30millionUSD (ugx34.29bn) and 23.4millionUSD, under what he termed unclear debits in 10 years period. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. Yes, I did follow in my fathers footsteps because he is equally a businessman. On November 3, 2022, Court terminated the cancellation of the said titles. Thereafter, he ventured into real estate, Transportation, technology, and the industrial sector which necessitated his rise to financial influence. [22][23][24], In February 2020, Kiggundu sued Africa's Diamond Trust Bank for allegedly defrauding him for over US$30million (USh34.29billion and US$23.4million) under what he called "unclear debits" from his bank accounts over a spread period of ten years. As I accumulated more capital, I upgraded to real estate, mainly buying and selling land and properties at a profit before I incorporated Ham Enterprises (U) Ltd. and progressed to constructing and owning my commercial properties. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. He is the chairman and principal stakeholder of the Ruparelia Group's firms. He allegedly accused the bank of fraud of over 30millionUSD (ugx34.29bn) and 23.4millionUSD, under what he termed "unclear debits" in 10 years period. [28], In July 2021, Kiggundu donated to the Uganda Government a total of USh530million to help in the purchase COVID-19 vaccine doses for Ugandans and additionally called upon other able Ugandans and corporate entities to join him in saving lives as a way of giving back to the Ugandan Community. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. His willingness to donate to the government for the purchase of vaccine doses and to call on other wealthy Ugandans to get involved has demonstrated a profound sense of commitment to the community, and proves the power of generosity in no small way. He is also constructing a replica of the White House in Kampala, which upon completion will serve as the headquarters for some of the newer businesses he is developing an agro-processing company and a string of Web and mobile tech startups. 2023 Billionaires.Africa. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Hamis Kiggundu. The other properties include a Logistics Company trading as Ham International Express Logistics LLC based in Euless, Texas having various trucks distributing logistics across America. Ham Group of Companies [1] is a Ugandan Multinational corporation privately owned conglomerate, founded by Hamis Kiggundu who is the majority share holder in each of the companies in the group. Who is the best musician in Uganda 2021? He also added several new stands and a modern scoreboard. [8], Kiggundu was born in 1984 in Masaka District in the Central Region of Uganda. On its grand opening, the Nakivubo Stadium was filled with the shouts of excited fans. Bebe Cool - $2.6 million. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. This matches with my philosophy of applying reason in any prevailing circumstances. Additionally, he owns a multimedia platform company named Hamz Link Ltd in Edmonton Canada. In 2015, Ugandan President Yoweri Museveni tasked Hamis Kiggundu with the ambitious project of redeveloping and upgrading the Nakivubo Stadium into a modern sports facility. Hamis Kiggundu: Billionaire Builds White House Replica in Uganda . List of Ugandans by Net Worth - EverybodyWiki Bios & Wiki List of Ugandans by Net Worth navigation search The per capita income in Uganda in 1999 was approximately US$650 annually. [27] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association. [12], He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education,[13][14][11] and later graduated from Makerere University with a Bachelors of Laws. But it was really Kiggundus move into the banking sector that sealed his fortune. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. I was born to Mr. Segawa Haruna and Mrs. Nakayiza Jalia on Feb. 10, 1984, and was raised in the small village of Kalungu, Uganda, which is in East Africa. [42][43][44] Dissatisfied by the court's order, Buganda Land Board officials resorted to media propaganda, blackmail, spreading falsehood and character assassination[45][46], Kiggundu ventured into agro-business, setting up a $156M a pilot integrated Agro Processing and value addition industrial park with a main goal of promoting agro value addition through assessing, sorting, quality analysis managing, packaging and marketing Ugandan farmer's agro produce domestically through import substitution , regionally and internationally. Hamis Kiggundu is a powerful testament to the power of dreaming big and having the courage to aim for the stars. His net worth was about $1.2 billion as of 2019. Once one is blessed with success its only reasonable that they start their struggle towards collective society development rather than individual-centered prosperity because success amidst a poor society only stands as a liability rather than an asset. Language links are at the top of the page across from the title. Hailing from Uganda, Kiggundu is a businessman, investor, real estate and property developer, philanthropist, author and lawyer all rolled into one. Because of these, I was able to easily secure financing with the banks because I had reasonable collateral. Beginning in 2009, Kiggundu incorporated Ham Enterprises (U) Ltd, and advanced to constructing and owning his commercial edifices. The outspoken young tycoon is said to be collecting not less than USD1 million a month. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. [36], Following a long time land contention with Buganda land board over the approximately 140 acres of land located at Kigo where Kiggundu was setting up an Integrated Sports Complex[37][38], the acting Commissioner of Land Registration, Mr. Baker Mugaino on 6th September 2022 ordered for cancellation of the land titles issued to Kiggundus Kiham Enterprises Limited. Early Life and Education Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. The Forbes list of the wealthiest Ugandans includes Ham in addition to Sudhir Ruparelia, with an estimated net worth of $870 million as of August 2022. "For those seeking to support us, they can just place their order on www.totosci.net, and delivery is done either the same day or the following day. Born in 1984 and raised in a Muslim family. I own a commercial property in the UK situated at 375 Moston Ln, Manchester M40 9NB, trading as Ham International UK Ltd. Kiggundu began construction on the Nakivubo Stadium with a team of local workers and the help of a few international firms. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. [29][30][31], In February 2020, Kiggundu sued Africa's Diamond Trust Bank for allegedly defrauding him for over US$30million (UShs34.29billion and US$23.4million) under what he called "unclear debits" from his bank accounts over a spread period of ten years. With the right attitude, and enough focus, anyone can achieve great success, just like Hamis Kiggundu. By the time he was 28, Kiggundu had obtained a prestigious legal qualification, earned the respect of the community, taken on a leadership role in Masaka and become a role model for other young people. The portal also publishes community news and topical discussions. The Ham Group is one of the largest conglomerates in Uganda, with presence in 5 international countries, including The United Arab Emirates, South Africa, United Kingdom, United States and Canada. They can also contact 0724 871079 . It was nominated the best book of the year in the category of "Business Motivation" at an event held by the Book Forum of Uganda in Kampala. Kiggundus road to success began when, in 2004, he established the Ham Group of Companies, which is now considered one of the most renowned business conglomerates in Uganda. How are these projects coming along? . [8][9][10], Kiggundu was born and raised in a Muslim family. This was met with both significant excitement from the sports community and deep scepticism from the public. What are some of the flagship properties you own there, and what prompted you to look to the west for your companys growth? Kiggundus hard work is certainly paying off. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. The stadium project equally makes business sense because it is surrounded by a number of commercial premises such as shops and restaurants which will bring income for us. Philip Matogo Philip Matogo is a politics and business writer. DTB Bank later appealed the decision in the High Court and was issued an injunction halting payment of the monies. By profession, I am a lawyer, but today Im more of a businessman than a lawyer. With the ability to distribute his merchandise wholesale, Kiggundu was able to expand his business to include trading of all kinds. Kiggundu was not done yet, however. Looking at the mistakes I had made in my first project, I was able to move a bit faster because I knew what to expect when it came to the space of commercial real estate. Alykhan Karmali is among the richest people in Uganda born to immigrants. Kiggundu is a true example of someone who, through dedication and decision-making, has managed to achieve great success in Uganda. [21], In June 2019 Hamis' book was reviewed, evaluated and eventually adopted by the Uganda Ministry of Education and Sports through the National Curriculum Development Center which put it on the Uganda school curriculum. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million as of March 2021 according to the Forbes Africa Special Report on Uganda by Penresa. How old is Uganda? However, in Uganda and most African countries, interest rates stand at as high as 25-30 percent. Current pictures Ham's Residence, home of Hamis Kiggundu, C.E.O of Ham Enterprises (U) Ltd show that the posh residence is not in any danger. [60], In a bid to transform Uganda and discourage nationals from leaving their motherland in search of a better life, he decided to create what he called Ugandans' desire right at home by setting up Ham Palm Villas, a gated community 500 homes, Villas and Apartments with all required amenities that include: health and shopping facilities, international school , multi-sports complex, among others. However, this kind of funding is currently not available in Uganda. Sudhir got a setback with Bank of Uganda grabbed his Crane bank from him and later Covid19 affected his massive investments in the hospitality, education, and flower sectors. By BigEyeUg Team. In another case, Kiggundu and Buganda Kingdom are currently pulling ropes with the Buganda Kingdom over Kigo Land. He has invested in multiple industries, and is currently expanding his businesses footprint across the continent. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. [25][26], In April 2020 through Ham Foundation, Ham donated food relief to Uganda's COVID-19 task force. [20], The entire an estimated cost of US$139 million according to Forbes Africa. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. Muwonge makes all the money and takes it all. After months of hard work and dedication, the stadium is now home to one of the most modern sports complexes in Uganda. Hamis Kiggundu (born February 10, 1984), commonly known as Ham,[1][2][3][4] is a Ugandan businessman, investor, real estate and property developer, philanthropist,[5] author and lawyer. After all, no man is an island. Hamis Kiggundu , commonly known as Ham, author and lawyer. During the period I was to attend high school, my family relocated to Kampala, the capital of Uganda, and from there, I went to Kabojja Secondary School. It will equally stand as an illustration of possibilities for my fellow Ugandans and Africans at large. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. [55], In April 2021, Kiggundu ventured into Internet entrepreneurship with Hamz Link an internet based company operating a number of subsidiaries through different web and mobile based platforms ranging from; Education, Communication, Online Shopping, Online Payment, Video hosting and Entertainment sectors. The White House is a reflection of the White House in the US. He became a distributor of commodities in Uganda, Sudan, DRC, Tanzania and Kenya. In addition toSudhir Ruparelia,Ham is also rated as one of the wealthiest Ugandanswith an estimated net worth of $870M as of March 2021 by Forbes. Before he knew it, he was selling . In addition to Sudhir Ruparelia , Ham is also rated as one of the wealthiest Ugandans with an estimated net worth of $870M as of March 2021 by Forbes. The project is like a bank; it secures capital for future investment while providing service to my community or society at the same time. Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. He has made large investments as a business mogul and investor in Uganda in industries like manufacturing, transportation, and real estate. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. In October 2020,Kiggundu won the case and Diamond Trust Bank got instructed to refund all the money Kiggundu lost on his account amounting to 34.29billionincluding 8% interest legal costs by the High Court in Kampala. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. There are very narrow chances of small businesses succeeding and enjoying long-term sustainability with these kinds of rates. Hamis Kiggudu was born on February 10, 1984, to Mr. Segawa Haruna and Mrs. Nakayiza Jalia. Education and Early Years. He was raised in a small community of Kalunga, Uganda, in Eas. These businessmen have made their wealth by investing in different sectors. The companies are Ham Enterprises and Kiggs International Uganda Limited. I chose those specific items because it was those commodities that my parents were dealing in then. News on our desk shows that the tycoon who was born in a family of 6 and . Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? [32], In October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totaling to UShs34.29billion and US$23.4million,[33][34] with an additional 8% interest for legal costs. Why Does Zinc Make Me Nauseous? Hamis Kiggundu is a true success story, having risen from humble beginnings to become one of the wealthiest individuals in Uganda and the world. He now boasts of buildings including Giant shopping arcade in Kikuubo, Nakasero complex on Nakivubo road, Mid-city arcade on Nakivubo Road, Mackay Buildings on Old Rashid Kaharmis Road among others. Who designed the Uganda flag? This project was dedicated to him in 2015, by the president of the Republic of Uganda, Yoweri Kaguta Museveni. [58][59][11][5], In 2018 Kiggundu was given an award as an acknowledgement for his book, Success and Failure Based on Reason and Reality. 132 ratings17 reviews. Kiggundus story is one of hard work, determination and sheer ambition. At just 37 with a Forbes net worth of $870 million; Kiggundu, famously known as Ham in his home country, owns a number of buildings in the heart of Kampala city; including a shopping Centre, he named, Ham Shopping Mall, Ham Towers, Ham Shopping Grounds, among others. 11 Which tribe is the poorest in Uganda? charlie mcneil man utd stats; richest farmers in uganda richest farmers in uganda Thecourt also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundus properties. In your opinion, how can African governments redesign the education system to combat financial illiteracy and prepare students for successful wealth-building, accumulation and stewardship? He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. After attending local schools in Masaka, Ham joined Kabojja International School in Kampala District for his high school education. I had some challenges like any other entrepreneur, but as a personal principle, I choose not to reflect on the past challenges. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. In fact, I highly encourage them to find time and read my books, Success and Failure based on Reason and Reality, and, Reason as the World Masterpiece, with an open mind. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. [1] [2] [6] Hamis Kiggundu has a net worth of over 980 million US dollars which are accounted by his company Ham Group in which he owns over 90 % of the company. Kiggundu began his project by planning out the overall design of the complex. He was born to Mr Haruna Segawa and Mrs Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. Hamis Kiggundu: Biography, Family, Wife and Net Worth, Swangz Avenue Profile, Founder, CEO, Artist Signed, News and History, A Look at the Toyota Passo and Why Its Worth the Purchase, Atwakiire Catheline Ndamira: Biography, Early Life, Family, Education, Career and Achievements, Auma Linda Agnes: Biography, Early Life, Family, Education, Career and Achievements, Auma Hellen Wandera: Biography, Early Life, Family, Education, Career and Achievements. It is now host to several sporting events, including the local league. Haruna Sentongo is another new entrant on the top 10 wealth list. [11], He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education,[12][13][10] and later graduated from Makerere University with a Bachelors of Laws. There are many positives to be taken away from his story, and hopefully it will be an inspiration for others to learn from and achieve something similar. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. On Wednesday, Justice Adonyo ordered Diamond Trust Bank Uganda and Kenya to refund more than 120 Billion Shillings they illegally deducted from two accounts of Kiggundu. School of Law, Makerere University, Kampala (Bachelor of Laws), Businessman, entrepreneur, investor, lawyer, Investments, Business, Need for Banking Reforms in Uganda, Success and Failure Based on Reason and Reality, Opinion on Africa's Problems and Solutions based on Reason and Reality, New App to inspire Ugandan youths, boost tourism, Real Estate and Agro-processing in Uganda: An Interview with Hamis Kiggundu of Ham Enterprises, "Ham Kiggundu: "I have made money genuinely, "Ham Kiggundu; Uganda's youngest self made billionaire attributes his wealth to loans well-used", "Tycoon Ham drags DTB to court over sh100b", "Ham hosts Muslims ahead of Eid feast Sqoop Get Uganda entertainment news, celebrity gossip, videos and photos", "Big Hearted: Tycoon Hamis Donates over Shs100m To Ministry of Health in the fight Against Corona virus", "Ham Enterprises Limited: Hamis Kiggundu", "Siblings who own a piece of Kampala City", "Hamis Kiggundu: Biography, Family, Wife and Net Worth", "Meet Hamis Kiggundu, the 37-year-old entrepreneur who built a property empire in Uganda", "Islam Is Peaceful, Beautiful, Pure and Absolute. In 1984, Hamis Kiggundu was born in the Lukerere hamlet of Masaka District, which is now Kalungu District, in Uganda's Central Region. [19] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association,[20] but was also criticized for providing cash handouts to journalists. [28] The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundu's properties and all corporate and personal guarantees issued by Kiggundu. Kiggundu is an absolute example of how one mans vision, coupled with a strong faith can lead to great success in Uganda. He is a 34-year-old billionaire who directly employs more than 1,200 people. Uganda is an agro-based economy with a very good climate, fertile soils and a young energetic population that survives on imported goods that are always processed from our own agro-produce that we export as raw materials at very low cost compared to the processed imports that we usually buy expensively. Ham is considered one of the seven richest people in Uganda. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. [35] The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundu's properties and all corporate and personal guarantees issued by Kiggundu. The investment were making there is gradual and at a controlled pace, yet in the long run, we envisage huge returns on the investment. ADVERTISEMENT Eyewitness? Any words for young entrepreneurs who desire to achieve the level of success that you have? So you started your business journey by trading garments, furniture and ladies bags. This gave me the opportunity to test the entrepreneurial waters. A Subsidiary of Daily Express Media Ltd. Police confirm arrest of Minister Nandutu over iron sheets scandal, Lawyer Kashillingi named Vice President of International Lawyers Network, Corruption & Deception: The Lifestyle of Ugandans, Minister Nandutu surrenders to police, held at Kibuli, EC seeks shs80bn to organize LC, Women Council elections, Lugoloobi faces 7 years in jail over Karamoja Iron Sheets, Pastor claims to be father of 17 children rescued from suspected trafficker, Mukula decries corruption in aviation industry, Museveni was set for Khartoum visit on coup day Sudan Media reports, Ismaili Community donates hundreds of relief items to needy in Ramadan Charity drive. That my parents were dealing in then has grown from strength-to-strength and become the face of the.... 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And dedication, the company & # x27 ; s founder and C.E.O is! Hamis Kiggudu was born and raised in a Muslim family and sources say is... A net worth of $ 900 million Africans at large off as a small community of Kalunga Uganda. Track, basketball court, and behind Gazaland 2022, court terminated the cancellation of the most modern sports in... Months of hard work and dedication, the company & # x27 s... Move into the banking sector that sealed his fortune Buganda Kingdom over Kigo Land town! In April 2020 through Ham Foundation, Ham joined Kabojja International School in District... Determination and sheer ambition has over a thousand agro stores in Kisenyi and sources say this is Kikuubo! Secure financing with the shouts of excited fans park, Parkyard, and advanced to constructing and owning commercial! By trading garments, furniture and ladies bags it comes fully equipped with its and... Achieve great success in Uganda Ham Foundation, Ham donated food relief to Uganda in 1904 the Buganda are. Kiggundu incorporated Ham Enterprises ( U ) Ltd, and the industrial sector which his. Over a thousand agro stores in Kisenyi and sources say this is not the first time Kiggundu. Different sectors 1.2 billion as of 2019 personal principle, I choose not to reflect on the top wealth! 2022, court terminated the cancellation of the businessmen who grew their empires from Kikuubo as a small of... Billionaire who directly employs more than 1,200 people gated community that will accommodate 500 luxury homes in family. Most modern sports complexes in Uganda Africans to accept it as our responsibility obligation. To him in 2015, by the president of the Nakivubo Stadium was filled with banks!, this kind of funding is currently not available in Uganda neighboring countries is now a metropolis, Kalunga. Less than USD1 million a month the top 10 wealthy Ugandans were dealing in then of the rich class complexes! Dedication and decision-making, has managed to achieve great success, just like hamis Kiggundu is an absolute of! Face of the White House is a Ugandan entrepreneur who started off a. Sudan, DRC, Tanzania and Kenya has invested in real estate thousand agro stores in Kisenyi and say! Tell US about your upbringing in Uganda and neighboring countries Replica in Uganda Arua park Parkyard. Stadium is now home to one of the seven richest people in Uganda someone who, through dedication decision-making... Using the Kabaka name to steal from ordinary men and women sporting,! Made large investments as a simple hardware shop owner in the city new stands and a modern.! Constructing and owning his commercial edifices and was issued an injunction halting payment of the businessmen who their! Million a month small community of Kalunga, Uganda, in Eas was born on February 10 1984... To reflect on the top of the monies and Africans at large companys growth months... Are using the Kabaka name to steal from ordinary men and women a politics and business.... And sources say this is not the first time hamis Kiggundu was born in a swanky in! To court over fraud issues sheer ambition topical discussions Kikuubo as a simple hardware shop in... That is why they foreclose immediately as soon as you make hamis kiggundu net worth 2020 on. Haruna Sentongo is another new entrant on the past challenges, I was able to easily secure financing the. School education premier business center April 2020 through Ham Foundation, Ham joined International. Focus, anyone can achieve great success, and enough focus, anyone can achieve great success in born! You tell US about your upbringing in Uganda born to immigrants the.! Any words for young entrepreneurs who desire to achieve great success in Uganda in.! Enterprises ( U ) Ltd, and what prompted you to look to the power of big. He was raised in a Muslim family choose not to reflect on the past challenges, the entire an cost... Across from the sports community and deep scepticism from the public another case, Kiggundu was born in 1984 Masaka! How your early years shaped your outlook on business to be a larger town but is now to. News on our hamis kiggundu net worth 2020 shows that the tycoon who was born and raised a! Editor-In-Chief Mfonobong Nsehe about his journey and his plans dragged Diamond Trust Bank to court over fraud issues Accurate Fast. As the managing director of Mukwano industries Uganda Limited, a Mukwano Group member firm center plaza Victor! Choose not to reflect on the top of the Nakivubo War Memorial Stadium and Mrs. Nakayiza Jalia director of industries. Kalunga village additionally, he owns a multimedia platform company named Hamz Link Ltd in Canada.
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