Hamis Kiggundu is in a relationship with Martha Ainomugisha. 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. [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. That is why they foreclose immediately as soon as you make a default on your payments. 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. All in all, Kiggundu ended up putting in twice as much effort as he initially anticipated, but the results were worth it. 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. Thereafter, Makerere University Kampala from where he graduated with a Bachelor of Laws and later the Law Development Centre (LDC) graduating with a diploma in legal practice. 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. 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. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. 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. 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. With the right attitude, and enough focus, anyone can achieve great success, just like Hamis Kiggundu. Thereafter, he ventured into real estate, Transportation, technology, and the industrial sector which necessitated his rise to financial influence. It was during my middle-school holidays in 2005 that my parents gave me some capital to start a business. 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. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. His first major real estate project was Ham Tower opened in the Makerere suburb of Kampala city the same year. What was it like building your first commercial property in Kampala, Ham Towers? Apart from his business acumen, Kiggundu is also a renowned philanthropist and has dedicated a significant part of his life to helping and uplifting the lives of those in his motherland. The Ham Groups headquarters in Kampala features the latest technology, making it an ideal working environment for staff and partners. I had some challenges like any other entrepreneur, but as a personal principle, I choose not to reflect on the past challenges. Later, after school, his father gave him startup capital to begin his business venture. His life story demonstrates the power of education and hard work, as well as the influence of accurate guidance from parents. He was born to Mr Haruna Segawa and Mrs Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. The Ham Group sees itself as a leader in terms of providing quality services as well as aiming to expand outside its local borders. Hamis has invested in real estate, agro-processing, education, and technology among others. Hamis Kiggundu $870 Million At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. If you think your bankers are your friends, then youre mistaken; those are your business partners. Kiggundu was born into privilege and he admits that much. [20], The entire an estimated cost of US$139 million according to Forbes Africa. They must have the ability to anticipate change and most importantly they must be courageous enough to abandon their past. 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. [30], In 2018 Kiggundu was given an award as an acknowledgement for his book, Success and Failure Based on Reason and Reality. So you started your business journey by trading garments, furniture and ladies bags. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. ADVERTISEMENT Eyewitness? [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. He alleged that the bank defrauded him over $ 30 Million ( UGX 34.29 billion and USD 23. You are building some ambitious real estate projects like the Ham Palms Villas, where you are building 500 gated luxury homes set on 200 acres; the stadium which you are practically rebuilding, and other projects like the replica of the White House. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Kiggundu began construction on the Nakivubo Stadium with a team of local workers and the help of a few international firms. Top Best 10 Richest Musicians in Uganda. Alykhan Karmali is among the richest people in Uganda born to immigrants. Two decades ago, his father provided him with capital to start a trading business. 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. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. 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. 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. 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. In another case, Kiggundu and Buganda Kingdom are currently pulling ropes with the Buganda Kingdom over Kigo Land. What has your experience been like in regards to raising money from banks and other financial institutions? His success story is an inspiration to not just the people of Uganda, but to everyone around the world. [15], He joined the Law Development Centre where he graduated with a diploma in legal practice. It is also worth noting that we produce between 2000-3000 cables per day," he said. [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 . 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. Number of employees. Haruna Sentongo is another new entrant on the top 10 wealth list. 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. After all, no man is an island. This project was dedicated to him in 2015, by the president of the Republic of Uganda, Yoweri Kaguta Museveni. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. It comes fully equipped with its helipad and will be a regional tourist attraction. Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. So, Ham Towers was the first building in our portfolio and our flagship property. Hamis Kiggudu was born on February 10, 1984, to Mr. Segawa Haruna and Mrs. Nakayiza Jalia. [1] Background [ edit] It was established in 2009 as a private company by owned Hamis Kiggundu also having Majority of the Shares. He is the CEO of the Ham Group of Companies. Kiggundu began his project by planning out the overall design of the complex. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. I advise them to take social responsibility, connect their vision to their personal values. 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. What motivates your philanthropy, and what are some of the other charitable projects dearest to your heart? The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. Why Does Zinc Make Me Nauseous? [8], Kiggundu was born in 1984 in Masaka District in the Central Region of Uganda. 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. 11 Which tribe is the poorest in Uganda? There are very narrow chances of small businesses succeeding and enjoying long-term sustainability with these kinds of rates. 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. With banks and financiers, it is not about trust or emotions, it is about making business sense. 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. Kiggundus book was nominated the best book of the year at an event arranged by the Book Forum of Uganda in Kampala. Located just opposite Makerere University, it is an A-class shopping, accommodation and leisure center with offices, restaurants, supermarkets and a serviced apartment. I prefer to focus on the present and the future because challenges and mistakes are only a stepping stone forward as they give me the ability never to make the same mistakes again. With each successful project, Kiggundu was able to prove himself to banks and secure future financing for more projects. In my opinion, banks are a good source of start-up and expansion capital but never for long-term sustainable progress. His net worth was about $1.2 billion as of 2019. 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 the ability to distribute his merchandise wholesale, Kiggundu was able to expand his business to include trading of all kinds. Ragga Dee - $4 million. Hamis Kiggundu is estimated to have an annual income of 100 million US Dollars in 2021 which his highest annual earning. 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! Hamis Kiggundu, also known as Ham, is an extraordinary example of success and resilience. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. He also took the time to ensure that the stadium is up to international standards by adding several new facilities for medical teams, such as a medical office, dispensary, and training centre. I own and fully finance a charity organization operating as Ham Foundation. [61] Construction started in 2019 and is still on going and as of march 2022 ready units were put market. ", 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. 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. [22], In February 2021, Kiggundu wrote a second book and Reason as the World Masterpiece, a self-improvement book that focuses deeply on information about prosperity, self-development and advocates on the world human challenges, the solution to Africa's problems and Uganda's direct path from poverty to prosperity, with use of reason. [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. With time as capital inflow accumulated, Kiggundu advanced to firsthand importers importing goods from China, Thailand, Dubai and Hongkong. Any words for young entrepreneurs who desire to achieve the level of success that you have? Submit your stories now via social or: Email: news@pulse.ug Recommended Articles Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. The mansion was described as "palatial" by the Uganda Times. Ham is considered one of the seven richest people in Uganda. Kiggundu is a true example of someone who, through dedication and decision-making, has managed to achieve great success in Uganda. 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. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. The portal also publishes community news and topical discussions. In February 2020,Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who are part of a family with extensive property investments in Kampala. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. In life, we all desire to have a good life and to become successful men and women. [8], In June 2018 Kiggundu wrote Success and Failure Based on Reason and Reality which advises on financial success and the need to have a sense of purpose. $36.484 billion (nominal, 2020 est.) 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. Uganda is an East African country with a thriving economy. 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, 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. 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. [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. He has gone on to use his success to benefit those in his community, making projects such as these a reality in Uganda. Money is only one of the tools of survival. His faith and values bring a peaceful presence to his life, and set him up for a lofty end. Andrew Kayiira. 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. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. 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? Muwonge could be valued at USD 1.8 billion. 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. 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. Hamis Kiggundu. On top of that Sudhir has not stopped his support for charitable works and other social causes. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Succesful Legal Battles In February 2020, Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. After months of hard work and dedication, the stadium is now home to one of the most modern sports complexes in Uganda. [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. 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. He has actively pursued a number of social and economic development initiatives in Uganda through his charity foundation the Karibu Foundation. Yes, I did follow in my fathers footsteps because he is equally a businessman. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. Background The 31-year-old billionaire who owns Ham Towers opposite Makerere University main gate and now has a mega home at the shores of Lake Victoria started making money after his years at University. 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. All, Kiggundu ended up putting in twice as much effort as he initially anticipated, but results. Holidays in 2005 that my parents gave me some capital to begin his business venture to benefit those in community! 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