It is one of the largest conglomerates in West Africa with operations in England [2] and the United States. After months of hard work and dedication, the stadium is now home to one of the most modern sports complexes in Uganda. Kiggundu was up to the challenge, however. The investment were making there is gradual and at a controlled pace, yet in the long run, we envisage huge returns on the investment. [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. After all, no man is an island. 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. [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. [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. Two decades ago, his father provided him with capital to start a trading business. [14], He joined the Law Development Centre where he graduated with a diploma in legal practice. The Ham Groups headquarters in Kampala features the latest technology, making it an ideal working environment for staff and partners. He also added several new stands and a modern scoreboard. 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. [56][57], Hamz Subsidiaries and platforms include: Hamz App, Hamz Pay, Hamz Wave, Hamz Chart, HamPLine, Hamz Club, Hamz E Mall, Hamz Agro and Hamz Campus . Tell us about that business. 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. Ham Enterprises is certainly the most visible division with its wide array of commercial properties evident throughout Kampalas Central Business District. 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. In July 2021, Kiggundu donated to the Uganda Government a total of Shs 530 Million to help in the purchase ofCOVID-19 vaccinedoses 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. A poor society can only pull one downwards, never upwards. It will equally stand as an illustration of possibilities for my fellow Ugandans and Africans at large. The portal also publishes community news and topical discussions. He used to assist his father in business transactions during school holidays and this grew his confidence and experience in the business sector. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. [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. Mr John owns several properties in Kampala, including Freedom City Mall, which cost him US $1 million, Capital House, Naiga Chambers, and several other prominent properties. After all, the stadium had not been touched since the 1960s, and it was showing its age. Muwonge could be valued at USD 1.8 billion. That is why they foreclose immediately as soon as you make a default on your payments. From there, it was only natural that he would move on to bigger projects, such as real estate. Africans should not chase their dreams out there, but rather put in an effort and struggle to implement their desires in Africa. His drive and enthusiasm would quickly thrust the enterprise into a new era and become the vision of the organisation. [16][17][18], In April 2020 Kiggundu donated food relief to Uganda's COVID-19 task force. According to Forbes, he has a net worth of $900 million. The source of Hamis Kiggundu's wealth has been revealed. He was raised in a small community of Kalunga, Uganda, in Eas. The world's premier source of news on Africa's billionaires and UHNWIs. In February 2020,Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. 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. He established a youth training centre on-site to provide young people with a place to honour and improve their athletic talents. His story is one of strength, perseverance and a commitment to personal values, and his life is an example for all that success is achievable through determination and dedication. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. Who is the best musician in Uganda 2021? [8], Kiggundu was born in 1984 in Masaka District in the Central Region of Uganda. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). I own a commercial property in the UK situated at 375 Moston Ln, Manchester M40 9NB, trading as Ham International UK Ltd. 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. HAMIS KIGGUNDU Group CEO. However, this kind of funding is currently not available in Uganda. . 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. Ugandan business magnate, Internet entrepreneur, philanthropist, and author 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. 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. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. In my opinion, banks are a good source of start-up and expansion capital but never for long-term sustainable progress. 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. 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. 12 Who is the richest in Uganda 2021? Ragga Dee - $4 million. What motivates your philanthropy, and what are some of the other charitable projects dearest to your heart? But according to Kiggundu, his accusers are thieves who are using the Kabaka name to steal from ordinary men and women. So, Ham Towers was the first building in our portfolio and our flagship property. Any words for young entrepreneurs who desire to achieve the level of success that you have? [32] DTB Bank later appealed the decision in the High Court and were issued an injunction halting payment of the monies. It was during my middle-school holidays in 2005 that my parents gave me some capital to start a business. 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. You recently donated money to the Ugandan government to purchase 150,000 doses of COVID-19 vaccines in an effort to combat COVID-19 in Uganda. He has multiplied his stake in Kampalas CBD in the past couple of years and owns Namanda, Cooper complex, Cornerstone, Discount mall, Shamba complex, Shauriyako, Ggagawala, Namayiba bus terminal, Gwanda mall Kisenyi, Superior complex, New Arua park complex, he has a street in Nabugabo, and has over 40 construction sites in Kampala, plus over 400 acres of land in Kisenyi area. Hamis Kiggundu , commonly known as Ham, author and lawyer. It is now host to several sporting events, including the local league. Andrew Kayiira. Christine Nabukeera is known among the rich circles as Senga Nabukeera. [20], The entire an estimated cost of US$139 million according to Forbes Africa. He is building warehouses for agro produce sales and rents them out. [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. Why did you choose to trade in those specific items at the time? [6], He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). charlie mcneil man utd stats; richest farmers in uganda richest farmers in uganda Bebe Cool - $2.6 million. With its headquarters in Kampala, the enterprise employs more than 500 staff and over 2,000,000 customers. Besides, Kiggundu has children from other women. All Rights Reserved. The Ham Group sees itself as a leader in terms of providing quality services as well as aiming to expand outside its local borders. Top Best 10 Richest Musicians in Uganda. [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 became a distributor of commodities in Uganda, Sudan, DRC, Tanzania and Kenya. 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 the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. Ham Enterprises also has a property portfolio in the United States and UK. Kiggundu began small locally dealing in merchandise from first-hand importers abroad, and selling them at a profit. 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. 132 ratings17 reviews. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. The multi-million dollar facility is funded by Hamis Kiggundu himself. 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, 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. By profession, I am a lawyer, but today Im more of a businessman than a lawyer. Uganda is an East African country with a thriving economy. Kiggundu learnt the business from his father who was a businessman in Kampala, dealing in textiles. Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. This came as a recognition of his contribution to the countrys economic progress. However, in Uganda and most African countries, interest rates stand at as high as 25-30 percent. Why Does Zinc Make Me Nauseous? 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. April 26, 2020 0 682 Less than a minute Hamis Kiggundu aka Ham's residence is not in danger despite raising Lake Victoria water levels. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. 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. 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. It is clear that the success that Kiggundu has achieved is due to a combination of determination, creativity, hard work and ambition. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. He has invested in multiple industries, and is currently expanding his businesses footprint across the continent. 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. Beginning in 2009, Kiggundu incorporated Ham Enterprises (U) Ltd, and advanced to constructing and owning his commercial edifices. 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. The road to wealth for Kiggundu is quite an interesting one. Thanks to the success of the Ham Group, Kiggundu has become an inspiration for many young entrepreneurs within the East African Community and beyond. [15], He joined the Law Development Centre where he graduated with a diploma in legal practice. They can also contact 0724 871079 . Other projects include a charity organization named Ham Foundation that aims at social development. This gave me the opportunity to test the entrepreneurial waters. [25][26], In April 2020 through Ham Foundation, Ham donated food relief to Uganda's COVID-19 task force. ", "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. 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. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. He is worth USD1 billion. 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. [6] Because of these, I was able to easily secure financing with the banks because I had reasonable collateral. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. The Book became a bestseller in Uganda and by December 2018. 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. [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. 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