Billionaires

UGANDAN BILLIONAIRES: Badru Muwanga, the packaging magnate behind Luuka Plastics

The CEO Magazine TeamBillionairesLists & RankingsThe Big StoryJuly 17, 2023July 18, 2023

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…

Launch of Rotary Club of Kigo 7 Lakes Golf- A Night Of Power, Serving Humanity And Singleton  

The CEO Magazine TeamBillionairesLifestyleThe Big StoryThe Executive TravelerJune 26, 2023June 26, 2023

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…

Who is Chris Kayoboke— the quiet billionaire who owns 41% of Crown Beverages, the Pepsi bottler in Uganda?

Muhereza KyamuteteraBillionairesExecutive ProfilesLists & RankingsThe Big StoryThe Uganda 300 IndexMarch 5, 2023January 10, 2024

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…

MOVIT’S SIMPSON BIRUNGI― the Ugandan garage-to-manufacturing-giant billionaire with eyes and hands on the African personal care market  

David KangyeBillionairesBusiness & MarketsCompany NewsLists & RankingsJanuary 21, 2023January 27, 2023

Looking back, this could be attributed to the relentless effort across the numerous production value chain of Movit from manufacturing to marketing that were both very innovative and aggressive that…

A conversation with 31-year-old Punit Shah, the entrepreneur behind K Hotels in Entebbe and Yuti Breweries, the makers of Torrero liqueur and Yura beer 

Muhereza KyamuteteraBillionairesC-Suite LeadershipThe Big StoryJanuary 21, 2023January 21, 2023

At the October 2022 People’s Choice Quality Awards, held in Kampala. Torrero Liqueur won its second consecutive award for the best locally blended liqueur. This is an unprecedented feat, considering…

MAN OF STEEL: How Steel & Tube Industries’ Joseph Yiga hot-rolled himself from an ordinary hardware retailer to a UGX427.2 bn a year steel magnate

Muhereza KyamuteteraBillionairesC-Suite LeadershipExecutive ProfilesThe Big StoryJanuary 21, 2023January 27, 2023

The story of Steel & Tube Industries, one of Uganda’s top five steel companies and the largest indigenously owned steel maker is as fascinating as it is inspiring. His is…

Capital Shoppers’ Ponsiano Ngabirano ventures into hotels: His 5-star Marriot-to-be in Nsambya on course for completion in 2023/24

Muhereza KyamuteteraBillionairesHospitality & TourismLifestyleThe Big StoryThe Executive TravelerDecember 8, 2022December 13, 2022

After making a fortune in supermarkets and commercial real estate, Ponsiano Ngabirano, the Founder & Chief Executive Officer of Capital Shoppers Supermarkets, has ventured into the hospitality industry. The retail…

UGANDAN BILLIONAIRES: Dr Sudhir Ruparelia, Uganda’s richest and big-hearted billionaire

Muhereza KyamuteteraBillionairesC-Suite LeadershipExecutive ProfilesLists & RankingsNews & AnalysisThe Big StoryThought LeadershipNovember 9, 2022November 9, 2022

ESTIMATED WEALTH: USD1.2 billion AGE: 65 years SOURCE OF WEALTH:  Financial services, real estate, education services, hospitality, agriculture, and media/broadcasting MARITAL STATUS: Married, with 3 Children PHILANTHROPY: Individually and through…

Meet the Vadodarias- the Father, Mother and Daughter troika, behind Rene Industries, one of Uganda’s largest pharmas

David KangyeBillionairesBusiness & MarketsThe Big StoryNovember 8, 2022November 14, 2022

The entire decade of the 90s was not any kind to Uganda in matters of health. It was the height of the HIV/AIDS scourge and the many diseases related to…

Movit’s Simpson Birungi firms up his African route-to-market agenda; hires ex-Unilever, GSK, Procter & Gamble, L’Oréal, Nestle and Godrej executives to run it

Muhereza KyamuteteraBillionairesBusiness & MarketsLists & RankingsThe Big StoryNovember 7, 2022September 28, 2024

Movit Products Limited’s Executive Chairman, Simpson Birungi, has made major people reshuffles at the personal and home care products maker, attracting some big-name hard-nosed executives, including from Unilever and Indian…