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...
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,...
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...
If John Ssebalamu walked from City Square to the old taxi park, chances are that nine out of ten Ugandans would not be able to positively identify him. This is…
By Michael Kanaabi Dollar Being born with a silver spoon in the mouth as the English love to say is ideally every one’s wish especially if you have faced some…
“The greatest fear of human beings is the fear of failure. But I encourage you, whatever you are doing, do it well and don’t be afraid of falling. When a…
1. ALIKO DANGOTE Net worth: $13.5 billionRank in 2022: 1Origin of wealth: Cement and Sugar Self-madeAge: 65Country: NigeriaResidence: Lagos Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the…
When Vimal Shah and his older brother took their ambitious idea for manufacturing consumer goods to potential backers in 1985, they could not get a loan. “Unilever will kill you,” one banker told them. Since then Unilever has sold several brands to them; and international rich lists put them top of the charts – most recently at $1.7bn – in…
On October 4 amid fanfare, billionaire Dr Sikander Lalani chairman of the Roofings Group, inked a deal that will see the firm expand its production to 150,000 tonnes-a-year thanks to a new cold rolling plant at the Namanve Industrial Park. The move, some say, is a bold expression of Lalani’s future intentions as he prepares to consolidate the firm’s position…
Billionaire businessman and co-Founder of the Ruparelia Foundation, Dr. Sudhir Ruparelia, has been awarded the Lifetime Achievement Award by the Chimpanzee Sanctuary & Wildlife Conservation Trust (CSWCT) for his philanthropic…
SOURCE OF WEALTH: Manufacturing (plastics & packaging) and real estate. ESTIMATED WEALTH: UGX120+ billion Except for being a member of Kwagalana Group, an association of self-made billionaires in Kampala, Hajj…
On Saturday, June 24, 2023, the new Rotary Club of Kigo Seven Lakes Golf celebrated its Charter Ceremony at an elegant event held at the prestigious lake-shore Lake Victoria Serena…
Crown Beverages Limited, the franchisee bottler for PepsiCo International has no doubt, matured both as a large player in the Ugandan non-alcoholic drinks category as well as in the broader…
