On its grand opening, the Nakivubo Stadium was filled with the shouts of excited fans. With time as capital inflow accumulated, Kiggundu advanced to firsthand importers importing goods from China, Thailand, Dubai and Hongkong. 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. I can easily sell them gradually once I need financing. 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. The president wanted to see a modern sports facility of the times. [1] [2] It comes fully equipped with its helipad and will be a regional tourist attraction. Retrieved 2020-06-19. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. Kiggundu is an example of the bright, talented and hardworking individuals who put their minds to the task and succeed regardless of their origins. [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. Karim Hirji USD 800m Through this link, Kiggundu runs an online learning platform, Hamz Campus, Hamz Wave, a Video Streaming App, and Hamz Line a social media platform. Its international presence in five countries is testament to this ambition. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. 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. Kiggundu, who is a Ugandan businessman and philanthropist, showed a deep commitment to helping and supporting others in Uganda. Kiggundu learnt the business from his father who was a businessman in Kampala, dealing in textiles. charlie mcneil man utd stats; richest farmers in uganda richest farmers in uganda The Ham Group sees itself as a leader in terms of providing quality services as well as aiming to expand outside its local borders. Who designed the Uganda flag? He has also raised buildings at Arua park, Parkyard, and behind Gazaland. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 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. He has written motivational books: Success and Failure Based on Reality and Reason as the World masterpiece. 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. Other projects include a charity organization named Ham Foundation that aims at social development. Together, they worked tirelessly to restore the stadium to its former glory. Yes, I did follow in my fathers footsteps because he is equally a businessman. I also own a logistics company trading as Ham International Express Logistics LLC based in Euless, Texas, with a number of trucks throughout the United States. There are very narrow chances of small businesses succeeding and enjoying long-term sustainability with these kinds of rates. 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. It was nominated and consequently won an award of Business Motivational Book of the year from The National Book Forum of Uganda. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. 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. [32] DTB Bank later appealed the decision in the High Court and were issued an injunction halting payment of the monies. The White House is a reflection of the White House in the US. But it is to Hams credit that he parlayed that small financial gift from his father into a multimillion-dollar conglomerate that directly and indirectly employs more than 5,000 people in the country today. ", https://www.spyuganda.com/not-even-covid-19-can-stop-education-businessman-hamis-kiggundu-launches-online-university/, "Tycoon Kiggundu dives into social media business with Hamz app", https://thecapitaltimes.co.ug/2021/10/25/city-businessman-hamis-kiggundu-launches-hamz-campus/, https://realmuloodi.co.ug/exclusive-estates-part-2-ham-palm-villas/, https://www.watchdoguganda.com/business/20220608/137748/ham-palm-villas-inside-the-finished-and-virtual-corporate-smart-homes-for-sale-to-high-class-buyers-photos.html, https://dailyexpress.co.ug/2022/06/08/tycoon-kiggundu-opens-market-for-newly-furnished-ict-corporate-smart-homes-at-ham-palm-villas/, "Pictorial: Tycoon Hamis Kiggundu's Residence Very safe and not Flooded as alleged", https://en.everybodywiki.com/index.php?title=Hamis_Kiggundu&oldid=3209756, Businesspeople in the hospitality industry, Pages with citations using unsupported parameters, Pages using infobox person with unknown parameters. It stands useless if it cant save peoples lives. Muwonge could be valued at USD 1.8 billion. [30], In 2018 Kiggundu was given an award as an acknowledgement for his book, Success and Failure Based on Reason and Reality. Andrew Kayiira. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. The Book became a bestseller in Uganda and by December 2018. She is also one of the property moguls in Kampala. Thecourt also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundus properties. 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. [15], In 2015, President Museveni asked Kiggundu to redevelop and upgrade Nakivubo Stadium into a modern sports facility. 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. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. Tell us about that business. 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. Mohammed Hamid is one of the youngest people in Uganda to be worth millions of dollars, and he is thought to be one of the richest people in the world. 10 What is the net worth of Hamis Kiggundu? If the Americans have something so grand over there, we too can have it here. 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. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. 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. Hamis has invested in real estate, agro-processing, education, and technology among others. [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. His drive and enthusiasm would quickly thrust the enterprise into a new era and become the vision of the organisation. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. He has actively pursued a number of social and economic development initiatives in Uganda through his charity foundation the Karibu Foundation. [7][non-primary source needed], Kiggundu was born in 1984 in the Kalungu Masaka District in the Central Region of Uganda. . He was also the pioneer managing editor of Ventures Africa and built it into one of the continents most influential business news companies. [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 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. In 1984, Hamis Kiggundu was born in the Lukerere hamlet of Masaka District, which is now Kalungu District, in Uganda's Central Region. 11 Which tribe is the poorest in Uganda? [6], He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). The companies are Ham Enterprises and Kiggs International Uganda Limited. [54], Kiggundu made the administration block for his Agro processing industries an exact replica of the US President's Office which he named The White House Uganda as an illustration of possibilities in his bid to attract future tourists, both local and international to boost Uganda's tourism industry and pioneer national growth and prosperity as well as encouraging fellow Africans to transform their motherland into a dreamland. Kiggundu was up to the challenge, however. DTB Bank later appealed the decision in the High Court and was issued an injunction halting payment of the monies. Thanks to the success of the Ham Group, Kiggundu has become an inspiration for many young entrepreneurs within the East African Community and beyond. [64], Couldn't parse video from https://youtube.com/@HamisKiggundu. 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, From his humble beginning as a street vendor and makeshift trader of imported items in Uganda, Hamid Kiggundu has risen to become one of the most prominent business minds in the East African Community and Sub-Saharan Africa. 4.03. I equally own Hamz Link Ltd, a multimedia platform company based in Edmonton Canada. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. 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. Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. 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. What was it like building your first commercial property in Kampala, Ham Towers? Starting with local sales, Kiggundu quickly upgraded to direct sourcing from international markets, which allowed him to purchase items at wholesale prices and distribute them to all East African Community member countries. 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. Employees of the Ham Group number more than 7,000 and the firm has a decent presence on the market due to its size. The companys aim is to continue to serve its customers and communities while promoting national development. They also benchmark themselves against international business best practices. This matches with my philosophy of applying reason in any prevailing circumstances. 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. When Ugandan businessman Hamis Kiggundu, started his first business years . 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. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. You must be able to adapt to change. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. The last two years have disrupted many things including the wealth of the rich class. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). He also added several new stands and a modern scoreboard. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Hamis Kiggundu is an inspirational figure that represents the best of what Uganda has to offer. The Home is still very safe. Alykhan Karmali is among the richest people in Uganda born to immigrants. 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. Under his leadership, the company has grown exponentially over the past few years, firmly establishing itself as a major player in the business and real estate space. In February 2020,Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. The donations made were not simply limited to the task force, as Kiggundu expanded his support to over 100 Ugandan journalists through the Uganda Journalists Association. In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. After Ham Towers, I had mastered the game of commercial real estate. Education and Early Years. At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. Hamis Kiggundu $870 Million At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. 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. 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. Why Does Zinc Make Me Nauseous? [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. The project, costing millions of dollars, is funded by Kiggundus company. [1] Background [ edit] It was established in 2009 as a private company by owned Hamis Kiggundu also having Majority of the Shares. Mesach Semakula - $560,000. Ham is considered one of the seven richest people in Uganda. Submit your stories now via social or: Email: news@pulse.ug Recommended Articles Through his company, Ham Group, he owns a property portfolio in the heart of Ugandas capital, Kampala, that includes landmark shopping centers, office buildings and hotels. 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 has gone on to use his success to benefit those in his community, making projects such as these a reality in Uganda. Early Life and Education Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. 132 ratings17 reviews. 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. At the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. 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. Besides, it is worth noting that other business tycoons and entrepreneurs are also working tirelessly to take their businesses to greater heights and make more wealth. 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. The outspoken young tycoon is said to be collecting not less than USD1 million a month. Kiggundus hard work is certainly paying off. How old is Uganda? The Ham Group stands as a benchmark for new traders as well as a symbol of business excellence and innovation. [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. 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. What has your experience been like in regards to raising money from banks and other financial institutions? [32] 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. Moreover, expansion beyond East Africa brought the enterprise to Europe, India, and other countries all over the world. I have always admired the white house as a young man and based on reason, why go to America as a tourist to visit the white house when I hold the means to build a lookalike here at home. Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. I invested in the West because business is all about taking risks with courage and determination to move into unfamiliar new economic zones all on a balance of probabilities. His success is a great example of what is possible when you are determined, hardworking and innovative. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. [21], 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. As my margins grew, I began to source directly from international markets and became a firsthand importer myself. This article, therefore, presents to you the top ten richest Ugandans including their net worth. It will house the headquarters for all his companies. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. To use his success is a Ugandan businessman Hamis Kiggundu is an inspirational figure represents! 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