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    Billionaires

    Charles Mbire (left) and NSSF Managing Director Patrick Ayota (right) pictured with the MTN Uganda logo as MTN shares rally and NSSF’s stake surpasses UGX 1 trillion.

    NSSF stake in MTN Uganda hits UGX1 trillion

    February 9, 2026February 9, 2026 0 Shares
    MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged...
    Chris Kayoboke and Julius Kayoboke, co-founder of Crown Beverages and board director respectively, pictured during discussions on succession and governance at East Africa’s Pepsi bottler.

    The Quiet Billionaire and the Heir in Waiting: Is Julius Kayoboke Next in Line for East Africa’s Pepsi Franchise Bottler?

    January 23, 2026January 24, 2026 0 Shares
    In an industry built on colour, fizz, and constant visibility, billionaire industrialist Chris Kayoboke has chosen the opposite posture. He is reclusive, rarely quoted, and rarely photographed—an anomaly among Uganda’s...

    Uganda’s Dollar Millionaires Surge: New Wave of 100 Tycoons Join List of High-Net-Worth Individuals

    August 27, 2025November 4, 2025 0 Shares
    Uganda’s millionaire class is quietly expanding. The country added 100 new dollar millionaires in the 12 months leading up to June 2025. The addition brings the total number of individuals...

    Billionaire Charles Mbire: 8 Timeless Lessons on Making, Growing & Keeping Money

    June 9, 2025June 9, 2025 0 Shares
    In the Ugandan business world, a few people epitomize Warren Buffett’s timeless advice like Charles Mbire, a quietly dominant billionaire, cofounder and Board Chairman of MTN Uganda. In 2024 alone,...

    Who is Sanjay Awasthi, the Quiet Billionaire Forging Uganda’s Green Steel Revolution at Tembo Steels?

    May 20, 2025January 8, 2026 0 Shares
    In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious...

    Africa’s Billionaires Are Richer Than Ever — And Tanzania’s Mohammed Dewji Stands Tall as East Africa’s Lone Billionaire

    Muhereza KyamuteteraBillionairesEntrepreneurshipGlobal NewsNews & AnalysisSponsored ContentApril 2, 2025April 2, 2025

    In a landmark moment for African enterprise, the continent’s wealthiest individuals have crossed the $100 billion threshold for the first time. The 2025 Forbes Africa Billionaires List shows that the…

    Dan Twebaze: The Medical Doctor Building a Multi-Billion TWED Real Estate Empire

    Trevor LutaloBillionairesCompany NewsExecutive ProfilesFebruary 10, 2025February 15, 2025
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    Who is Ponsiano Ngabirano, the Billionaire Behind The Soon-To-Be-Opened Marriott Hotel Kampala?

    Trevor LutaloBillionairesCompany NewsEntrepreneurshipFebruary 10, 2025February 12, 2025
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    Billionaire Aga Khan’s lasting business legacy and influence on East African economies 

    Paul MurungiBanking & Financial ServicesBillionairesBusiness & MarketsC-Suite LeadershipEast AfricaExecutive ProfilesGlobal NewsHospitality & TourismManufacturing & IndustryNews & AnalysisPolitics & GovermentTechnology & InnovationThe Big StoryFebruary 5, 2025February 5, 2025
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    Dr. Sudhir Ruparelia: Profile of a Visionary, Resilient, Philanthropic Business Leader

    Muhereza KyamuteteraBillionairesThe Big StoryJanuary 26, 2025January 26, 2025

    Dr Sudhir Ruparelia, the billionaire businessman and founder of the Ruparelia Group, and his daughter, Sheena Ruparelia, were honoured today at the 39th National Resistance Movement (NRM/A) Victory Day Anniversary,…

    A JACK OF MANY TRADES: Bob Kabonero, the out-of-Ntungamo gaming & entertainment billionaire

    Muhereza KyamuteteraBillionairesThe Big StoryJanuary 25, 2025January 25, 2025

    Age: 60 years Source of Wealth: Entertainment and gaming, telecommunications, logistics and transport, finance and technology.  Estimated Wealth: USD50 million (UGX180 bn) Bob Kabonero, born in January 1965 in Ntungamo…

    Dr Sudhir and Sheena Ruparelia to Receive National Honors at 39th NRM/A Victory Day Anniversary

    Muhereza KyamuteteraBillionairesCompany NewsNews & AnalysisJanuary 25, 2025January 27, 2025

    Dr. Sudhir Ruparelia, the billionaire businessman and founder of the Ruparelia Group, and his daughter, Sheena Ruparelia, will be among the distinguished honorees at the 39th Victory Day Anniversary of…

    Q&A with Dr. Ketan Morjaria On Partnering With the I&M Group Plc to Continue His Dream of Providing Affordable Banking Services to Ugandan Businesses

    Muhereza KyamuteteraBillionairesCEO PerspectivesThe Big StoryJune 24, 2024June 24, 2024

    As the I&M Group celebrates 50 years of building this strong foundation and looks forward to the future with optimism, Dr. Ketan Morjaria, who is also a shareholder and Director…

    10 Business Leadership Tips By Simpson Birungi, the Billionaire Maverick Founder of Movit Products⏤ East Africa’s Largest Homegrown Personal Care Company

    Jonathan N. LubwamaBillionairesBusiness & MarketsC-Suite LeadershipThe Big StoryThought LeadershipJune 15, 2024June 15, 2024

    Simpson Birungi founded Movit Products Ltd in 1997, starting with a makeshift workshop in Namasuba, Wakiso District. Since then, the company has grown into a multi-billion enterprise, becoming one of…

    Meet the Oppenheimers, Africa’s Third Richest Family, Who Own a 75% Stake in Uganda’s Hariss International, Makers of Riham Brands.

    Jonathan N. LubwamaBanking & Financial ServicesBillionairesExecutive ProfilesThe Big StoryJune 10, 2024July 19, 2024

    In October 2022, CEO East Africa broke the story of how one of Africa’s wealthiest families, the Oppenheimers, had acquired a majority 75% stake in Uganda’s third largest soft drinks…

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      • 100 Leading & Admired CEOs
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