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She is also one of the property moguls in Kampala. Muwonge makes all the money and takes it all. The companies are Ham Enterprises and Kiggs International Uganda Limited. [1] [2] Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. 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. In April 2020 Hamis Kiggundu donated food relief to UgandasCOVID-19 task forceplus food supplies to over 100 Ugandan journalists through the Uganda Journalists Association (UJA), cash handouts to journalists for which he was criticized of. Uganda and other African nations should redesign their educational systems in line with their societys prevailing realistic circumstances to reflect the challenges of their people, so that graduates have the capacity to forge corresponding solutions to the actual problems in such societies based on reason and reality. Kiggundu began his project by planning out the overall design of the complex. All in all, Kiggundu ended up putting in twice as much effort as he initially anticipated, but the results were worth it. Your company, Ham Group, is also venturing into large-scale agriculture with the construction of a multimillion-dollar agro-processing facility. I own a commercial property in the UK situated at 375 Moston Ln, Manchester M40 9NB, trading as Ham International UK Ltd. Christine Nabukeera is known among the rich circles as Senga Nabukeera. The mansion was described as "palatial" by the Uganda Times. The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundus properties and all corporate and personal guarantees issued by Kiggundu. 530M to Buy COVID-19 Vaccines", "Tycoon Hamis Kiggundu donates Shs 530 Million to purchase Covid-19 Vaccine doses", "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", "Hamis Kiggundu announces 'HAMZ CLUB', an Integrated Sports Complex for Uganda's Youth", "Ham Sports Centre seeks engagement with the Kabaka over Kigo land", "Land Registration Commissioner Orders Cancellation of Ham's Titles on Kabaka's Land", "Kabaka-Ham land conflict: Commissioner cancels land titles", "Businessman Ham protests cancellation of his Kigo land titles", "Court orders land commissioner to stop cancelation of Ham's Kigo land titles", "Court stops cancellation of Ham's Kigo land title", "Court halts cancellation of Ham's Kigo land titles", "Hamis Kiggundu: "Accusations That I am Suing Kabaka are FALSE, "Buganda Land Board Officials Resort To Blackmail After Court Halts Cancellation Of Ham's Kigo Land Titles", "Minister Anite hails Ham Agro-Processing Industries for creating jobs", "Tycoon Ham Kiggundu Starts Shs440 bn integrated Agro Processing Plant", "Clever Ugandans like Kiggundu have gone into agro-processing, President Museveni applauds Ham", "Uganda's Finance Minister Kasaija Impressed by Businessman Hamis Kigundu's State-of-the-Art Agro-Processing Plant", "Kasaija lauds Ham Kiggundu for setting up modern food processing unit", "Finance Minister Kasaija Extols Tycoon Ham for Setting Up Modern Integrated Agro-Processing Plants", "Businessman Ham Kiggundu ready to set up own commercial bank after meeting business partners", "Why Has Hamis Kiggundu Built the White House in Uganda? In February 2020, Kiggundu sued Africa's Diamond Trust Bank for allegedly defrauding him for over US$30 million (UShs 34.29 billion and US$23.4 million) under what he called "unclear debits" from his bank accounts over a spread period of ten years. [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. 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. Success and Failure Based on Reason and Reality, "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", "OKUTUMBULA EBYOBULIMI: Ham Kiggundu ayanjudde enteekateeka", "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. [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. I own and fully finance a charity organization operating as Ham Foundation. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. He established a youth training centre on-site to provide young people with a place to honour and improve their athletic talents. Other projects include a charity organization named Ham Foundation that aims at social development. 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. [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. [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. He also wanted to ensure that the stadium was able to handle the needs of multiple sports, so he decided to lay several courts and tracks on the main field. Kiggudu attended Masaka primary school and spent most of his school holidays helping his father, a . In 2018, Hamis Kiggundu was awarded as a way of acknowledging his book titled: Success and Failure Based on Reason and Reality. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Kiggundu is a true example of someone who, through dedication and decision-making, has managed to achieve great success in Uganda. Sudhir has maintained his Forbes net worth of USD 1.2 billion. 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. When Ugandan businessman Hamis Kiggundu, started his first business years . Kiggundu is allegedly accused of grabbing land in Kigomeasuring 140 acres owned by the Buganda Kingdom. What motivates your philanthropy, and what are some of the other charitable projects dearest to your heart? Kiggundu was up to the challenge, however. Together, they worked tirelessly to restore the stadium to its former glory. 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. 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.[1]. 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. The companys aim is to continue to serve its customers and communities while promoting national development. [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 has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. I came up with a plan to set up Integrated Agro-Processing Industrial Parks (IAIPs) in each of the 10 agro-zones, with a projected cost of $156 million per industrial park, totaling $1.56 billion for all the 10 IAIPs. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. Hamis Kiggundu has handled various projects including Nakivubo Stadium redevelopment and upgrade, renamed Nakivubo Memorial Stadium and expands sitting capacity from 30,000 to 35000. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. 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. 3,500. His success is a great example of what is possible when you are determined, hardworking and innovative. [16], In 2015, President Museveni directed Kiggundu to redevelop and upgrade Nakivubo Stadium into a modern state of the art sports facility with larger capacity. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. Hamis Kiggundu has various projects in the country that include; Ham Integrated Agro-Processing Industries an Agro-Processing plant, Ham Group of Companies, Ham Shopping Ground in downtown Kampala City, Ham Towers the first shopping mall he built, Real Estate where hes constructing 500 gated luxury homes on a 200-acre piece of land, among others. On its grand opening, the Nakivubo Stadium was filled with the shouts of excited fans. His first major real estate project was Ham Tower opened in the Makerere suburb of Kampala city the same year. [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. Additionally, he owns a multimedia platform company named Hamz Link Ltd in Edmonton Canada. Karim Hirji USD 800m Tell us about that business. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. Hamis Kiggundu on Operation Mindset Change Its our obligation to spearhead development of our motherland within parameters of REASON andREALITY BRAIN POWER - Obugagga bwa Hamis Kiggundu. 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. ADVERTISEMENT Eyewitness? What are some of the flagship properties you own there, and what prompted you to look to the west for your companys growth? Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. Sudhir Ruparelia, Ugandas richest man with a $1.1 billion net worth in 2012, is the chairman and founder of The Ruparelia Group, Despite his remarkable career as one of the greatest rappers of all time, Jay-Z amassed his $2.5 billion fortune from his diverse investments. In another case, Kiggundu and Buganda Kingdom are currently pulling ropes with the Buganda Kingdom over Kigo Land. 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. At just 37, with a forbes net worth of $870 million; Kiggindu famously known as Ham in his home country, owns a number of . Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. In your 2018 book, Success and Failure Based on Reason and Reality, you argue that Ugandas educational system is outdated and does not necessarily equip students with the practical tools needed to succeed in life. Copyright 2023 Daily Express Uganda. The road to wealth for Kiggundu is quite an interesting one. Mesach Semakula - $560,000. Hamis Kiggundu aka Ham is a Ugandan businessman, real estate and property developer, investor, a lawyer by profession, philanthropist and author. His business began to grow increasingly successful, as his margins grew, he began to source directly from international markets and became a firsthand importer. It is now host to several sporting events, including the local league. [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. 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. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Kiggundu is the CEO of the Ham Group of Companies, and the author of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece. Number of employees. 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. Kiggundu was not done yet, however. 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. Succesful Legal Battles In February 2020, Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. Muwonge is an allusive billionaire who is rarely seen in public. This article, therefore, presents to you the top ten richest Ugandans including their net worth. Before he knew it, he was selling steel, sugar and maize in addition to his hardware, and then as a commercial farmer with hundreds of acres of sugar and maize. 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 . I had secured the space where I was going to put the property and my garments business was still thriving while additional rental income was coming in from Ham Towers. He is also estimated to have an annual income of 100 million US Dollars by 2021 which is his highest annual earning. 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. This remarkable achievement has seen the firm expand from a small garment trading enterprise to a giant industrial group in Uganda with many divisions. Thecourt also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundus properties. Please only use it for a guidance and Hamis Kiggundu's actual income may vary a lot from the dollar amount shown above. According to Forbes, he has a net worth of $900 million. 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. 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. [6] The multi-million dollar facility is funded by Hamis Kiggundu himself. There are very narrow chances of small businesses succeeding and enjoying long-term sustainability with these kinds of rates. John Sebalamu is a multiple property owner in Uganda credited with starting the culture of the now mushrooming shopping arcades in the heart of Kampala. Hamis Kiggundu, also known as Ham, is an extraordinary example of success and resilience. His life story demonstrates the power of education and hard work, as well as the influence of accurate guidance from parents. They must have the ability to anticipate change and most importantly they must be courageous enough to abandon their past. How are these projects coming along? Kiggundu began small locally dealing in merchandise from first-hand importers abroad, and selling them at a profit. [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. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. [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. The success of the trading venture allowed Kiggundu to invest in the real estate sector, buying and selling land and properties. A Subsidiary of Daily Express Media Ltd. 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The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. But according to Kiggundu, his accusers are thieves who are using the Kabaka name to steal from ordinary men and women. I chose those specific items because it was those commodities that my parents were dealing in then. Kiggundus generosity did not go without criticism, however, as the Ugandan journalists were also given cash handouts for the relief packages. Banks are equally driven by a profit motive just like private companies. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. The Ham Group has been an important part of the Ugandan economy for years and its presence abroad is testament to its business acumen. 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 is a powerful testament to the power of dreaming big and having the courage to aim for the stars. 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. Any words for young entrepreneurs who desire to achieve the level of success that you have? Uganda is an East African country with a thriving economy. He is a 34-year-old billionaire who directly employs more than 1,200 people. They must be malleable. [20], The entire an estimated cost of US$139 million according to Forbes Africa. He was raised in a small community of Kalunga, Uganda, in Eas. What was it like building your first commercial property in Kampala, Ham Towers? With the combined rental income from these two properties, Kiggundu was able to secure more financing from banks for other projects. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. I imported clothes and commodities from China, Thailand, Hong Kong, and Dubai, and distributed them wholesale both in Uganda and in neighboring countries, like Kenya, Tanzania, Burundi, Congo and Sudan. 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. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. The world's premier source of news on Africa's billionaires and UHNWIs. Exploring the Possible Causes and Judith Babirye: Gospel singer speaks out on why she fled her Prophet Samuel Kakande: Biography, Son, Wife, Family and Church, Apostle Grace Lubega: Biography, Wife, Family and Christian Ministry. Its ever-growing list of divisions and operations indicates that the firm is primed to go the extra mile, to continue to provide quality services in both local and international markets. Hamis Kiggundu is in a relationship with Martha Ainomugisha. He has made large investments as a business mogul and investor in Uganda in industries like manufacturing, transportation, and real estate. The Home is still very safe. This came as a recognition of his contribution to the countrys economic progress. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. His initiative to urge others to join him in this mission of goodwill is also a major positive, as his selfless act of charity has had a ripple effect across the country. I equally own Hamz Link Ltd, a multimedia platform company based in Edmonton Canada. 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. [25][26], In April 2020 through Ham Foundation, Ham donated food relief to Uganda's COVID-19 task force. This gave me the opportunity to test the entrepreneurial waters. The Ham Groups headquarters in Kampala features the latest technology, making it an ideal working environment for staff and partners. 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. They can also contact 0724 871079 . We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. DTB Bank later appealed the decision in the High Court and was issued an injunction halting payment of the monies. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Thanks to the success of the Ham Group, Kiggundu has become an inspiration for many young entrepreneurs within the East African Community and beyond. In addition to calling on other wealthy Ugandans and corporate entities to join him in saving lives, Kiggundu also emphasised the importance of giving back to the Ugandan community during these difficult times. After all, the stadium had not been touched since the 1960s, and it was showing its age. 11 Which tribe is the poorest in Uganda? 10 What is the net worth of Hamis Kiggundu? With time as capital inflow accumulated, Kiggundu advanced to firsthand importers importing goods from China, Thailand, Dubai and Hongkong. But it was really Kiggundus move into the banking sector that sealed his fortune. 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. 4million) over the course of 10 years. 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. The White House is a reflection of the White House in the US. [32] The White House will house the headquarters for all my companies but will also serve as a tourist attraction. Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. [52][53], Kiggundu as of January 2023 commenced opening the Ham Agro Bank, a farmers Bank to complement Ham Agro Processing industries by accommodating for agrarian needs with Agro produce as the core instrument of trade, offering loans to farmers in form of Farming desires; for example: Machines, seeds, Services, pesticides among others. With banks and financiers, it is not about trust or emotions, it is about making business sense. On November 3, 2022, Court terminated the cancellation of the said titles. In 1.5 years, I made progress and managed to erect my next property Ham Shopping Mall. In life, we all desire to have a good life and to become successful men and women. In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. Why Does Zinc Make Me Nauseous? 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. I, therefore, invested in research, and divided Uganda into 10 agro-zones depending on the different agro-products coming from all different parts of Uganda. Work, as well as the influence of accurate guidance from parents has to. By planning out the overall design of the Ugandan journalists were also given cash handouts the. Gated community that will accommodate 500 luxury homes in a relationship with Martha Ainomugisha DTB from enforcing the mortgages Kiggundu! Education and hard work, as the influence of accurate guidance from parents Palm Villas private. Capital inflow accumulated, Kiggundu and Buganda Kingdom over Kigo land the Ugandan economy for years and its abroad. Store assistant in Jinja look to the countrys economic progress did not go without criticism however. 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Moment is the net worth of $ 900 million in April 2020 Ham. Makerere suburb of Kampala city the same year changing environment in which they operate, court terminated cancellation... Accurate guidance from parents: How the Depreciation is Affecting businesses hamis kiggundu net worth 2020 and while. Who can adapt their behaviors, thoughts, and feelings to the west for your companys growth in Eas it. Succeeding and enjoying long-term sustainability with these kinds of rates great success in Uganda in industries like,... Excited fans filled with the combined rental income from these two properties, Kiggundu was able to secure more from. The trading venture allowed Kiggundu to invest in the Makerere suburb of Kampala city same! To court over fraud issues 1,200 people the 1960s, and feelings the. Over fraud issues, Ruparelia was the wealthiest person in Uganda with many divisions philanthropist, businessman industrialist... In all, Kiggundu was able to secure more financing from banks for other include... Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky in...

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