He has invested in multiple industries, and is currently expanding his businesses footprint across the continent. He says in his lifetime, Islam is the highest achievement. 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. 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. 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. This was met with both significant excitement from the sports community and deep scepticism from the public. 132 ratings17 reviews. With the right attitude, and enough focus, anyone can achieve great success, just like Hamis Kiggundu. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. If the Americans have something so grand over there, we too can have it here. [25], In October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totalling to USh34.29billion and US$23.4million,[26][27] with an additional 8% interest for legal costs. Hamis Kiggudu was born on February 10, 1984, to Mr. Segawa Haruna and Mrs. Nakayiza Jalia. 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 companies without his knowledge and consent. Kiggundus faith has remained an important feature of his life, one he describes as peaceful, absolute and the highest achievement of a lifetime. A highly successful lawyer, Kiggundu has used his wits and business acumen to multiply the family investments in Kampala. Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. The companys aim is to continue to serve its customers and communities while promoting national development. She is also one of the property moguls in Kampala. In 1984, Hamis Kiggundu was born in the Lukerere hamlet of Masaka District, which is now Kalungu District, in Uganda's Central Region. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. [32] At the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. Who is the best musician in Uganda 2021? The mansion was described as "palatial" by the Uganda Times. 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. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. 12 Who is the richest in Uganda 2021? The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. Hamis Kiggundu $870 Million At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. 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. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Background [16][17][18], In April 2020 Kiggundu donated food relief to Uganda's COVID-19 task force. 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. The outspoken young tycoon is said to be collecting not less than USD1 million a month. As my trading business thrived, I opted to venture into a more sophisticated business and real estate was a natural fit for me. From there, it was only natural that he would move on to bigger projects, such as real estate. But according to Kiggundu, his accusers are thieves who are using the Kabaka name to steal from ordinary men and women. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. [15], He joined the Law Development Centre where he graduated with a diploma in legal practice. 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. [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. [29], In November 2022, Kiggundu sued the Kabaka of Buganda and the Commissioner Land registration in the Ministry of Lands over cancellation of land titles of Kigo Land that sits on 140 acres. Karim Hirji USD 800m How old is Uganda? [27] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association. I can easily sell them gradually once I need financing. charlie mcneil man utd stats; richest farmers in uganda richest farmers in uganda 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. As my margins grew, I began to source directly from international markets and became a firsthand importer myself. The Home is still very safe. Together, they worked tirelessly to restore the stadium to its former glory. [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. Kiggundu drew from his fathers background in textiles and experience, as he slowly accumulated capital to grow the trading venture. Before he knew it, he was selling . HAMIS KIGGUNDU Group CEO. 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. With time as capital inflow accumulated, Kiggundu advanced to firsthand importers importing goods from China, Thailand, Dubai and Hongkong. I equally own Hamz Link Ltd, a multimedia platform company based in Edmonton Canada. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. 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. The Ham Group has been an important part of the Ugandan economy for years and its presence abroad is testament to its business acumen. Its international presence in five countries is testament to this ambition. 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. 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. It is also worth noting that we produce between 2000-3000 cables per day," he said. . He alleged that the bank defrauded him over $ 30 Million ( UGX 34.29 billion and USD 23. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. His faith and values bring a peaceful presence to his life, and set him up for a lofty end. 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. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. He is also estimated to have an annual income of 100 million US Dollars by 2021 which is his highest annual earning. 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. 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. 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. [6] 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 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. 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. It is now host to several sporting events, including the local league. 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. It is one of the largest conglomerates in West Africa with operations in England [2] and the United States. After Ham Towers, I had mastered the game of commercial real estate. Sudhir has maintained his Forbes net worth of USD 1.2 billion. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Managers must have emotional intelligence and stamina. 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. However, this kind of funding is currently not available in Uganda. [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. 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. 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. Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. In another case, Kiggundu and Buganda Kingdom are currently pulling ropes with the Buganda Kingdom over Kigo Land. 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 . The Ham Groups headquarters in Kampala features the latest technology, making it an ideal working environment for staff and partners. At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. Do you have a story or an opinion to share? Ham is considered one of the seven richest people in Uganda. Hamis has invested in real estate, agro-processing, education, and technology among others. 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. Later, after school, his father gave him startup capital to begin his business venture. The president wanted to see a modern sports facility of the times. Two decades ago, his father provided him with capital to start a trading business. Yes, I did follow in my fathers footsteps because he is equally a businessman. [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. [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. Throughout the course of the project, Kiggundu managed to add a new athletics track, basketball court, and seven artificial turf pitches. He was raised in a small community of Kalunga, Uganda, in Eas. In conclusion, Hamis Kiggundu is to be commended for his tireless efforts in donating food relief and money to help Ugandas COVID-19 task force and journalists. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). [20], The entire an estimated cost of US$139 million according to Forbes Africa. 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. Website. 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. 4.03. With the combined rental income from these two properties, Kiggundu was able to secure more financing from banks for other projects. I own and fully finance a charity organization operating as Ham Foundation. 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. Your group employs more than 7,000 people all in. He is the editor-in-chief of Billionaires.Africa. 3,500. Kiggudu attended Masaka primary school and spent most of his school holidays helping his father, a . 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. Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? 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