6. He now boasts of buildings including Giant shopping arcade in Kikuubo, Nakasero complex on Nakivubo road, Mid-city arcade on Nakivubo Road, Mackay Buildings on Old Rashid Kaharmis Road among others. Muwonge is an allusive billionaire who is rarely seen in public. I was born to Mr. Segawa Haruna and Mrs. Nakayiza Jalia on Feb. 10, 1984, and was raised in the small village of Kalungu, Uganda, which is in East Africa. 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. 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. He is building warehouses for agro produce sales and rents them out. [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October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totalling to USh34.29billion and US$23.4million,[26][27] with an additional 8% interest for legal costs. . Retrieved 2020-06-19. Ham Enterprises is certainly the most visible division with its wide array of commercial properties evident throughout Kampalas Central Business District. It is clear that the success that Kiggundu has achieved is due to a combination of determination, creativity, hard work and ambition. 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. In 1.5 years, I made progress and managed to erect my next property Ham Shopping Mall. Farmers can then repay in form of Agro produce, according to Forbes. 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. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Karim Hirji USD 800m But it was really Kiggundus move into the banking sector that sealed his fortune. 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. [1] Background [ edit] It was established in 2009 as a private company by owned Hamis Kiggundu also having Majority of the Shares. I always help where and wherever I can since my individual personal survival is only limited to a very narrow scope of basic needs. 132 ratings17 reviews. In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. 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. 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. What motivates your philanthropy, and what are some of the other charitable projects dearest to your heart? He used to assist his father in business transactions during school holidays and this grew his confidence and experience in the business sector. 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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He also added several new stands and a modern scoreboard. 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. Located just opposite Makerere University, it is an A-class shopping, accommodation and leisure center with offices, restaurants, supermarkets and a serviced apartment. Apart from his achievements in business, Kiggundu is involved in a lot of philanthropic activities. Mesach Semakula - $560,000. Its international presence in five countries is testament to this ambition. The only way to pull Africa out of poverty to prosperity is for us Africans to accept it as our responsibility and obligation. They also benchmark themselves against international business best practices. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. The humble beginnings of Hamid Kiggundu started as a street vendor and makeshift trader in Uganda. The White House is a reflection of the White House in the US. In March 2020, Kiggundu was featured prominently boldly and clearly in Ugandan media for his court battle against Diamond Trust Bank. [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. [23] [24], Kiggundu established a charity and philanthropic arm of his group of companies through which he works together with the government and several well-wishers to create a positive and transformative change in the lives of people and communities where he operates performing a series of charitable causes; Greater Masaka Clerics, In March 2020, Kiggundu through his Ham Foundation gifted over 200 bicycles, Qurans, and prayer mats to Muslim clerics in the Greater Masaka Region of 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. "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. On top of that Sudhir has not stopped his support for charitable works and other social causes. 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. It will house the headquarters for all his companies. Because of these, I was able to easily secure financing with the banks because I had reasonable collateral. Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? Masaka, which used to be a larger town but is now a metropolis, includes Kalunga village. 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. I had some challenges like any other entrepreneur, but as a personal principle, I choose not to reflect on the past challenges. [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. [27] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association. Kiggundu began construction on the Nakivubo Stadium with a team of local workers and the help of a few international firms. Hamis Kiggundu is a powerful testament to the power of dreaming big and having the courage to aim for the stars. His success story is an inspiration to not just the people of Uganda, but to everyone around the world. By profession, I am a lawyer, but today Im more of a businessman than a lawyer. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. With the combined rental income from these two properties, Kiggundu was able to secure more financing from banks for other projects. 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. His faith and values bring a peaceful presence to his life, and set him up for a lofty end. 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. 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. So you started your business journey by trading garments, furniture and ladies bags. A poor society can only pull one downwards, never upwards. The project is like a bank; it secures capital for future investment while providing service to my community or society at the same time. It was during my middle-school holidays in 2005 that my parents gave me some capital to start a business. After building an empire of real estate projects and having a company with numerous projects, Hamid Kiggundus success story is one that entrepreneurs and business leaders look to for an example and motivation. 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. 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. [19] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association,[20] but was also criticized for providing cash handouts to journalists. The world's premier source of news on Africa's billionaires and UHNWIs. [14], He joined the Law Development Centre where he graduated with a diploma in legal practice. 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. 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. His net worth was about $1.2 billion as of 2019. So, it is best you pull everyone you can for collective welfare based on reality. 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. [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. Employees of the Ham Group number more than 7,000 and the firm has a decent presence on the market due to its size. 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. He is worth USD1 billion. Hamis Kiggundu: Billionaire Builds White House Replica in Uganda . The Home is still very safe. Please only use it for a guidance and Hamis Kiggundu's actual income may vary a lot from the dollar amount shown above. 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. Succesful Legal Battles In February 2020, Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. Haruna Sentongo is another new entrant on the top 10 wealth list. . 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. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. Kiggundu was up to the challenge, however. The companies are Ham Enterprises and Kiggs International Uganda Limited. It comes fully equipped with its helipad and will be a regional tourist attraction. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. Hamis Kiggundu aka Ham is a Ugandan businessman, real estate and property developer, investor, a lawyer by profession, philanthropist and author. In February 2020,Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. 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. 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. Managers must have emotional intelligence and stamina. Hamis Kiggundu , commonly known as Ham, author and lawyer. 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. [17] [18], In February 2017, Kiggundu smashed the timeworn structures and fenced off the entire stadium area to prepare for fresh construction works to commence. [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 multi-million dollar facility is funded by Hamis Kiggundu himself. What are some of the flagship properties you own there, and what prompted you to look to the west for your companys growth? Your company, Ham Group, is also venturing into large-scale agriculture with the construction of a multimillion-dollar agro-processing facility. [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. HAMIS KIGGUNDU Group CEO. 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. I equally own Hamz Link Ltd, a multimedia platform company based in Edmonton Canada. 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. I can easily sell them gradually once I need financing. [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. Later, after school, his father gave him startup capital to begin his business venture. With the lessons he learned from his first projects, Kiggundu was able to move on to bigger projects and further success in the real estate industry. 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", "How Hamis waved Museveni's order to take over Nakivubo land", "First Lady's visit an endorsement of Nakivubo work, says", "Hamis Kiggundu's Book Wins Business Book Of The Year! Thecourt also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundus properties. 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? Kiggundu learnt the business from his father who was a businessman in Kampala, dealing in textiles. 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. At just 37, with a forbes net worth of $870 million; Kiggindu famously known as Ham in his home country, owns a number of . Hamis Kiggundu, also known as Ham, is an extraordinary example of success and resilience. At the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. [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$23.4million) under what he called "unclear debits" from his bank accounts over a spread period of ten years. The other properties include a Logistics Company trading as Ham International Express Logistics LLC based in Euless, Texas having various trucks distributing logistics across America. Exploring the Possible Causes and Judith Babirye: Gospel singer speaks out on why she fled her Prophet Samuel Kakande: Biography, Son, Wife, Family and Church, Apostle Grace Lubega: Biography, Wife, Family and Christian Ministry. The last two years have disrupted many things including the wealth of the rich class. As my margins grew, I began to source directly from international markets and became a firsthand importer myself. The outspoken young tycoon is said to be collecting not less than USD1 million a month. In August 2020, Kiggundu petitioned the court after 85 billion Shillings and 34 billion Shillings were illegally deducted by DTB Uganda and DTB Kenya from two accounts of his . [35] The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundu's properties and all corporate and personal guarantees issued by Kiggundu. Net worth: US$ 520,000,000 (Dec 2019 Estimate)-Assets, Income & Taxes: Parent(s) . His first major real estate project was Ham Tower opened in the Makerere suburb of Kampala city the same year. 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. 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. 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. Muwonge makes all the money and takes it all. The Forbes list of the wealthiest Ugandans includes Ham in addition to Sudhir Ruparelia, with an estimated net worth of $870 million as of August 2022. This matches with my philosophy of applying reason in any prevailing circumstances. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. 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. Any words for young entrepreneurs who desire to achieve the level of success that you have? [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. Kiggudu attended Masaka primary school and spent most of his school holidays helping his father, a . 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. Sudhir has maintained his Forbes net worth of USD 1.2 billion. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. School of Law, Makerere University, Kampala (Bachelor of Laws), Businessman, entrepreneur, investor, lawyer, Investments, Business, Need for Banking Reforms in Uganda, Success and Failure Based on Reason and Reality, Opinion on Africa's Problems and Solutions based on Reason and Reality, New App to inspire Ugandan youths, boost tourism, Real Estate and Agro-processing in Uganda: An Interview with Hamis Kiggundu of Ham Enterprises, "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", "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. 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Has achieved is due to its size in Edmonton Canada Ali Mohamed Karmali, was an entrepreneur Indian.

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