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He established a youth training centre on-site to provide young people with a place to honour and improve their athletic talents. It was nominated and consequently won an award of Business Motivational Book of the year from The National Book Forum of Uganda. Kalungu village is part of Masaka, which used to be a bigger town, but its now a city. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. Mesach Semakula - $560,000. I had some challenges like any other entrepreneur, but as a personal principle, I choose not to reflect on the past challenges. charlie mcneil man utd stats; richest farmers in uganda richest farmers in uganda He also gave a hint on this plan while launching his book, Reason as the World Masterpiece in Kampala in March 2021 and also wrote about it in the book. 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. 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. A poor society can only pull one downwards, never upwards. ADVERTISEMENT Eyewitness? 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. Moreover, expansion beyond East Africa brought the enterprise to Europe, India, and other countries all over the world. 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. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. Harunas aim is to turn the Kisenyi surbubs onto a new Kampala since the population is already there he is mainly based in agro markets for agro stores for all agro produce in uganda. He has invested in multiple industries, and is currently expanding his businesses footprint across the continent. Throughout the course of the project, Kiggundu managed to add a new athletics track, basketball court, and seven artificial turf pitches. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. [1] [2] 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. He stands out as a beacon of light for the youth of Uganda, giving them hope that, with the right mindset and ambition, anyone from any background can be successful. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. [25] DTB Bank later appealed the decision in the High Court and were issued an injunction halting payment of the monies. Kiggundu is the CEO and founder of the Ham Group of Companies, and the author of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece. [48][49] [50][51][51], The pilot project of the Ham Integrated Agro-Processing Industries in the Central region of Uganda which also the Headquarters the entire 10 projects located in Akright City, the Entebbe Express road based industrial complex. [8][9][10], Kiggundu was born and raised in a Muslim family. These businessmen have made their wealth by investing in different sectors. In April 2021, Forbes Magazine Valued his net worth at US$870 million. Kiggundu is allegedly accused of grabbing land in Kigomeasuring 140 acres owned by the Buganda Kingdom. Please only use it for a guidance and Hamis Kiggundu's actual income may vary a lot from the dollar amount shown above. Unlike billionaires such as Sudhir Ruparelia who spends a lot on social causes in his charity and corporate social responsibility activities, Mr. Muwonge collects a lot of money from his many commercial buildings in Kampalas central business district and focuses on building. He also founded the Crane Group of Companies which includes Crane Bank, Crane Forex Bureau, Crane Management Services, and many other companies across sectors such as banking, energy, media, and hospitality, among others. I equally own Hamz Link Ltd, a multimedia platform company based in Edmonton Canada. With the right attitude, and enough focus, anyone can achieve great success, just like Hamis Kiggundu. After all, no man is an island. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. He has been listed among the most generous Ugandans and Africans on the Caxton magazine list. 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 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. However, real estate remains the backbone still holding his wealthy position. 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. All developments, past, present, and future, discoveries to come, were, are and will always be a direct reflection of the reasoning capacity of the people of such a given time frame. He became a distributor of commodities in Uganda, Sudan, DRC, Tanzania and Kenya. [6] It stands useless if it cant save peoples lives. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. Ugandan business magnate, Internet entrepreneur, philanthropist, and author Kiggundu as well owns a commercial property in the United Kingdom located at 375 Moston Lane Manchester M40 9NB trading as Ham International UK Ltd. "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. They must be malleable. . I, therefore, decided to start with a pilot project of one integrated agro-processing plant in the central region with Gods blessing as a constant factor hoping that the government and other Ugandans will join me along the way for full implementation to cover all the 10 zones in Uganda. 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. Kiggundu has secured his name as a revered international business leader and made its mark in the transforming of the economies of the East African Community. 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. Background 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. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Kiggundus book was nominated the best book of the year at an event arranged by the Book Forum of Uganda in Kampala. 4million) over the course of 10 years. It is also worth noting that we produce between 2000-3000 cables per day," he said. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. The Ham Group stands as a benchmark for new traders as well as a symbol of business excellence and innovation. He says in his lifetime, Islam is the highest achievement. As my trading business thrived, I opted to venture into a more sophisticated business and real estate was a natural fit for me. Kiggundu began his project by planning out the overall design of the complex. The investment were making there is gradual and at a controlled pace, yet in the long run, we envisage huge returns on the investment. Today, Haruna owns Nakayiza market with 12 blocks, Haruna Towers in Kisenyi, NM apartments, Old Africana agro market, Segawa market which has two blocks, he has new coming up in Kisenyi, four acres of undeveloped land in the same area, Haruna shopping mall, Haruna towers Ntinda, trading under his Haruna enterprises. Why Does Zinc Make Me Nauseous? Hamis Kiggundu is an inspirational figure that represents the best of what Uganda has to offer. [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. In August 2020, Kiggundu petitioned the court after 85 billion Shillings and 34 billion Shillings were illegally deducted by DTB Uganda and DTB Kenya from two accounts of his . Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. 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. With time, I have mastered the art of growing my operational capital internally thus outgrowing the need for exploitative financing from banks for now. In my view, one can only reasonably benefit from banks if they hold relatively equal or reasonable bargaining positions to negotiate fair interest rates and fair trading terms. Beginning in 2009, Kiggundu incorporated Ham Enterprises (U) Ltd, and advanced to constructing and owning his commercial edifices. The Ham Group is keen to increase its position as a leader and an innovator in the industry, while ensuring that its operations are profitable and service focused. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. I embarked on the reconstruction of the stadium as corporate social responsibility for community development and equally as an example to other Ugandans and Africans that if I can pull off such a huge project with private funding, so can they. Africans should not chase their dreams out there, but rather put in an effort and struggle to implement their desires in Africa. Through his company, Ham Group, he owns a property portfolio in the heart of Uganda's capital, Kampala, that includes landmark shopping centers, office buildings and hotels. His first major real estate project was Ham Tower opened in the Makerere suburb of Kampala city the same year. The road to wealth for Kiggundu is quite an interesting one. Apart from his business acumen, Kiggundu is also a renowned philanthropist and has dedicated a significant part of his life to helping and uplifting the lives of those in his motherland. What has your experience been like in regards to raising money from banks and other financial institutions? In addition to these projects, Kiggundu opened hospitals and schools and invested in numerous other types of industries such as oil and gas, transport, and banking. ", "NCDC adopts businessman Ham Kiggundu's book for schools", https://www.amazon.com/SUCCESS-FAILURE-BASED-REASON-REALITY/dp/1719869545, "KIND-HEARTED: TYCOON HAMIS KIGGUNDU ANSWERS M7'S CALL, GIVES GOV'T 100M TO FEED THE HUNGRY DURING LOCKDOWN", "Charity: Tycoon Hamis Kiggundu donates 200 bicycles to Rural Clerics", "Covid-19: Businessman, Hamis Kiggundu, gives Shs100 million to help needy", "UJA to Support Journalists with Foodstuff", "Real Muloodi Hamis Kiggundu Donates UGX. As an author, Kiggundu has written two books, Success and Failure Based on Reason and Reality and Reason as the World Masterpiece, which serve as a guide for entrepreneurs who wish to follow in his footsteps. In another case, Kiggundu and Buganda Kingdom are currently pulling ropes with the Buganda Kingdom over Kigo Land. Ham Enterprises also has a property portfolio in the United States and UK. Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. The victims all stated that as they were enduring the inhuman treatment in the During his tenure as PS/ST, Muhakanizi was always opposed to high borrowing rates and Four other officials including Minister Agnes Nandutu (Karamoja) who went into hiding since Friday Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news. He also added several new stands and a modern scoreboard. Together, they worked tirelessly to restore the stadium to its former glory. His story of overcoming hardship and achieving success, as well as his dedication to staying true to his faith and values, messages a positive tone of fulfilment and realisation of Ugandas potential. 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. She is also one of the property moguls in Kampala. Before he knew it, he was selling . So, it is best you pull everyone you can for collective welfare based on reality. Kiggundus donations have made a huge difference in helping to protect and aid Uganda citizens both during the COVID-19 pandemic and beyond, and for that he deserves immense praise. This prompted me to opt for import substitution through setting up agro-processing and value-addition plants as the only way to correct the revenue imbalance given the fact that it is the only realistic way forward towards actual prosperity for our young nation, while at the same time giving Ugandans a chance to become productive and direct participants. Sudhir has maintained his Forbes net worth of USD 1.2 billion. $36.484 billion (nominal, 2020 est.) Karim Hirji USD 800m Wanna follow Hamis Kiggundu's net worth? [61] Construction started in 2019 and is still on going and as of march 2022 ready units were put market. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. Hamis Kiggundu is constructing a White House in Entebbe, a multi-billion state of the art building. There's this other side of Uganda they won't show to the world or maybe we ask the citizens, there's a business guy called Hamis Kiggundu, founder and CEO Ham group of companies, with an estimated net worth of $870mn dollars at 39yrs, and built a bespoke Whitehouse. By BigEyeUg Team. Who designed the Uganda flag? 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. Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. He is also estimated to have an annual income of 100 million US Dollars by 2021 which is his highest annual earning. He is the CEO of the Ham Group of Companies. Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? [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. Managers must have emotional intelligence and stamina. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Kiggundu learnt the business from his father who was a businessman in Kampala, dealing in textiles. The stadium will comprise retail shops inside the outside wall of the facility. He was born to Mr Haruna Segawa and Mrs Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. 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