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Unlike many of his contemporaries who have since passed on, and their business empires quickly followed them to the grave, Mulwana Group has not only survived but has grown and is thriving. His family is not fighting. There are no court battles over properties and inheritance, but rather, his children, Geoffrey Mulwana, Barbara Mulwana and Primrose Mulwana, have united behind their mother, who has since become the Group Chairman, to run the family business. Geoffrey is the Chief Executive Director of Jesa Farm Dairy. He also runs Uganda Batteries Limited. Barbara is the Executive Director of Nice House of Plastics-…
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When it comes to entrepreneurship, Aga Sekalala Senior has been there and done that. Starting out, Aga Sekalala Sr. worked alongside his father in a home-based coffee processing business in the 1950s.In the 1960s, he went to the UK and studied journalism at the London School of Journalism. London. When he came back, he dabbled in a number of jobs including working for Radio Uganda and Uganda Television before serving as an information officer in government. It was his stint on television and on radio that opened his ears and eyes to business. He hosted a popular programme “Doube Your…
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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 as one of the leading manufacturers of steel products in Uganda and the East and Central African region. Roofings Group was launched operations in 1994 and has since not looked back. It offers a one-stop service and diversified product shop…
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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 it. There was a very high mortality rate among children dying of killer diseases, not to mention malaria among others. The previous decade of the 80s had been marred with a lot of political uncertainty that hit the healthcare system pretty hard. There were not so many hospitals to write home about. There were not many facilities that could easily help with availing medication to the sick. Medication was hard…
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Family business owners have a keen interest in sustaining the business as a family asset and as a legacy, according to PwC’s 2020 East Africa Family Business Survey. Estate planning is an important component for family business owners and their families to consider since it speaks directly to how certain assets will be preserved, managed or distributed. As part of an overall succession plan, estate planning clarifies how these assets will be passed on to the next generation or otherwise distributed. For their East Africa Family Business Survey Report 2021, PwC, spoke to Sim Katende, an Advocate of the High…
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(This story is an adaptation from a conversation Petua Kateeba and Joseline Kateeba had with Akaego Okoye, for her African Business Stories Podcast) At least 70% of all small businesses that start in Uganda are said to fail in the next 3 to 5 years. There is therefore no prize for guessing that there are not many businesses or playbooks to read from when it comes to managing intergenerational succession in family-owned businesses. As such for Petua Kateeba, the matriarchal head of Crest Foam Limited, a family-owned manufacturer of mattresses in Uganda, there was no rule book to read from…
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