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For almost two decades now, Musa Mageere, his social media profiles indicate, has worked at Luuka Plastics, steadily rising ranks from a production trainee to executive director. His rise has been a meticulous and well-planned orchestration of a business succession plan from father to son. With more than 15 years of experience in operations and production, Mageere’s growth is rooted deeply in the manufacturing and packaging sector. He has walked this journey alongside his father, Badru Muwanga, the company’s long-serving chief executive officer and board chairperson. Visibly carrying a significant share of the responsibility in the growth and expansion of…
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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 Badru Muwanga is largely a media-shy and quiet businessman. But behind the ‘firewall’ is a thriving businessman and entrepreneur- who among others, owns the sprawling Ntinda Shopping Complex and his flagship Luuka Plastics Limited. Luuka Plastics Limited is one of Uganda’s largest manufacturers of packaging materials and plastics both for domestic, agricultural, industrial and several other uses. Chances are that if you live anywhere in East Africa, you have used…
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