Christopher Sembuya, 89, one of the owners of the defunct Sembule Steel Mills, has died. Sembuya, together with his brother Henry Buwule (RIP) started Sembule, the first indigenously owned industry in Uganda, in 1972. Located in Nalukolongo, on the outskirts of Kampala, Sembule manufactured electronics including radios, TVs, bulbs, calculators, among other products In 2013, Sembuya appealed to the Government of Uganda to save the then debt-ridden Sembule that was worth UGX50 billion at the time, with extensions into Banking with Sembule Investment Bank, established in 1984. Sembule Group tried its hands on Insurance and agricultural production, with Sembuya revealing…
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