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, Mbire……
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...
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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,…
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Age: 60 yearsSource 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 District, Uganda, stands…
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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…
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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…
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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…
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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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Succession planning is a crucial aspect of family businesses, yet many founders struggle to prepare their heirs for the responsibility of taking over the reins. In Uganda, the statistics are…
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Forbes Africa released its annual list of Africa’s billionaires with its 2024 class of 20 billionaires now worth $82.4bn. Collectively, these billionaires would be the 18th richest person in the…
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