empire Archives – CEO East Africa

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

Paul MurungiBillionaires Business & Markets Entrepreneurship The Big StoryMay 20, 2025January 8, 2026

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 steel empire. With innovation, vertical integration, and a soft-spoken resolve, he’s proving that you don’t need noise to build a nation—just vision, steel, and heart. A quiet revolution is underway in the heart of Iganga District in eastern Uganda. At the centre of it stands a man who rarely seeks the spotlight but whose influence has reshaped an entire sector. Sanjay Awasthi, the Chairman and Founder of Tembo Steels Uganda…

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Building an empire from bricks and mortar – the story of Simon Ssekankya, the man behind Hardware World – East Africa’s first Hardware supermarket

Paul MurungiExecutive Profiles The Big StoryJune 17, 2024June 17, 2024

There can’t be too many bankers who choose to leave the hallowed halls of banking for the dusty and gritty world of concrete factories and stone quarries but that’s exactly what Simon Ssekankya, founder of Hardware World, did in 2001. To be fair, he has come a long way since those early days and spends more time now in his office atop Hardware World in Ntinda, plotting the expansion of his empire. From humble beginnings as a small hardware shop in Kalerwe, Mr. Ssekankya is naturally proud of what he boasts is the region’s first Hardware Supermarket which stocks everything…

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