Mukwano Group

Last updated
Mukwano Group
TypePrivate Conglomerate
Industry Agriculture, Manufacturing, Transportation, Food Processing
Founded1986 [1] [2]
Headquarters Kampala, Uganda
Key people
Tony Gadhoke [3]
Chief Executive Officer
Products Edible oil, Margarine, Plastics, Office buildings, Houses, Plastics
Number of employees
6,000 + (2009)
Website Homepage

The Mukwano Group of Companies, commonly known as the Mukwano Group, is a conglomerate based in Uganda, with operations in other East African countries. [2]

Contents

Location

The Group's headquarters are located on Mukwano Road (Bypass Road), in the Central Division of Kampala, Uganda's capital and largest city. [4] The coordinates of the company headquarters are: 0°18'45.0"N, 32°35'27.0"E (Latitude:0.312500; Longitude:32.590840). [5]

Overview

The group was established in 1986, although it did not start operations until 1989. [1] As of October 2016, the group is involved in six main areas of business: (a) manufacturing (b) real estate investments (c) bulk storage & shipment (d) cargo clearing & forwarding (e) agriculture and (f) financial services. Mukwano Group is one of the most active investment groups in Uganda. The group won the coveted Annual Presidential Award of Best Exporter of the Year for 2004. [1] In 2009, its beverages division attained ISO Certification. [6]

Subsidiary companies

The subsidiary companies of the Mukwano Group include but are not limited to the following:

  1. AK Transporters Uganda Limited; a fully licensed and equipped logistics and transport company with over 200 light, medium and heavy transport trucks. [7]
  2. Gulf Stream Investments Limited; a bulk liquid-storage terminal within the port area of Mombasa, Kenya. The terminal can store close to 26,000 metric tonnes of vegetable oils, oil derivatives and related chemicals in dedicated tanks. [8]
  3. Exim Bank (Uganda); a retail commercial bank jointly owned with Exim Bank (Tanzania). [9]
  4. Lira Maize Factory Limited; located in Lira, Lira District, Northern Uganda. [10]
  5. Lira Oil Mill Limited; which produces in excess of 25,000 tons of oil annually, from sunflower and cottonseed, since 2007. [11]
  6. Mukwano Agro Project Limited; which consists of over 17,000 acres (27 sq mi) under cultivation in Masindi District. Crops include maize, soybeans, sunflower, and simsim. Contracts with over 45,000 out-growers whose farm acreage is in the neighborhood of 200,000 acres (310 sq mi). [12]
  7. Mukwano AK Plastics; which manufactures household and industrial plastic products. [13]
  8. Mukwano Dar es Salaam Factory; located in Dar es Salaam, Tanzania, the factory has manufactured edible oil and soap since 2004. [14]
  9. Mukwano Industries Limited, a manufacturer of edible oil, soaps, cleaning products, sanitary products, household and industrial plastic products, bottled water and energy drinks. [15]
  10. Mukwano Sugar Factory; a licensed sugar manufacturer, located in Masindi District, with capacity to process 2,500 metric tonnes of raw sugarcane daily (912,000 tonnes annually). [16]
  11. Nationwide Properties Limited; a real-estate development company that builds commercial and residential properties. Nationwide is a joint venture between the Mukwano Group and Property Services Limited, a real estate management firm in Uganda. [17]
  12. Riley Packaging Limited; the largest producer of packaging materials in East Africa, a joint venture between Mukwano Group and Raps Limited, another Ugandan company. The factory, estimated at US$13 million, is located in Mukono on the Kampala-Jinja Highway. [18]

Products

The products of the Group include, but are not limited to the following: [19]

See also

Related Research Articles

Jinja, Uganda Place in Eastern Region, Uganda

Jinja is a city in the Eastern Region of Uganda, located on the North shores of Lake Victoria.

Articles related to Uganda include:

Stanbic Bank Uganda Limited (SBU) is a commercial bank in Uganda and is licensed by the Bank of Uganda, the national banking regulator.

Bank of Africa Uganda Limited, also known as BOA Uganda (BOAU), is one of the commercial banks in Uganda that have been licensed by the Bank of Uganda, the country's central bank and national banking regulator.

The National Social Security Fund (NSSF) is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme. Participation for both employers and employees is compulsory. The Uganda National Social Security Fund is the largest pension fund in the countries of the East African Community, with assets of USh15.5 trillion, as of June 2021.

Sudhir Ruparelia

Sudhir Ruparelia is a Ugandan business magnate and investor of Indian origin. He is the chairman and majority shareholder in the companies of the Ruparelia Group. His investments are mainly in the areas of banking, insurance, education, broadcasting, real estate, floriculture, hotels, and resorts.

Absa Bank Uganda Limited Commercial bank in Uganda

Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The bank is a subsidiary of Absa Group Limited, a financial services conglomerate, based in South Africa, with banking subsidiaries in 12 African countries and representative offices in two other African countries. Absa Bank Group, whose shares trade on the JSE Limited, was reported to have total assets in excess of US$91 billion, as of October 2019. 

Kampala Hill Place in Central Uganda, Uganda

Kampala Hill, commonly referred to as Old Kampala, is a hill in the centre of Kampala, Uganda's capital and largest city.

Pride Microfinance Limited (PMFL), is a microfinance deposit-taking institution (MDI) in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator.

Bulaimu Muwanga Kibirige,, commonly known as BMK, was a Ugandan businessman, entrepreneur, and hotel owner. According to a 2012 published report, he was one of the wealthiest people in Uganda.

The Karuma Hydroelectric Power Station is a 600 MW hydroelectric power project under construction in Uganda. When completed, it will be the largest power-generating installation in the country.

Exim Bank (Uganda) (EBU), commonly known as Exim Bank, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda (BOU), the central bank and national banking regulator. EBU is a subsidiary of Exim Bank Tanzania, which also has subsidiaries in Tanzania, Comoros, and Djibouti.

Alam Group

The Alam Group of Companies, commonly referred to as the Alam Group is a privately owned conglomerate in Uganda. The group has business interests in Uganda, Kenya, and Rwanda.

Bidco Africa, previously Bidco Oil Refineries Limited (BORL), is a multinational consumer goods company headquartered in Thika, Kenya with subsidiaries and distributorships across 17 countries in East Africa, Central Africa, and Southern Africa. Its products include edible oils, fats, margarine, laundry bars and detergents, personal care products, animal feeds and most recently, Food and Beverages. Bidco Africa owns over 40 brands and is the largest producer and marketer of consumer goods in the region.

Alykhan Karmali is a businessman, entrepreneur, industrialist, and philanthropist in Uganda. He is the managing director of Mukwano Industries Uganda Limited, a member company of the Mukwano Group. He also served as a non-executive director of Exim Bank (Uganda), a commercial bank in which the Mukwano Group maintains 36.5 percent shareholding.

Jesa Farm Dairy Limited, often referred to as Jesa Farm Dairy, is a dairy processing company in Uganda.

Kenlon Industries Uganda Limited is a sugar manufacturing company in Uganda. It was licensed by the Uganda Ministry of Trade and Industry in 2011.

Letshego Microfinance Uganda,, whose official name is Letshego Uganda Limited, is a Tier IV microfinance institution in Uganda.

Amirali Karmali, was a Ugandan businessman, entrepreneur, and industrialist. He was the chief executive officer, founder and proprietor of the Mukwano Group of Companies, a diverse conglomerate, with interests in banking, real estate, plastics, agro-processing, logistics, transportation and the manufacture of fast-moving consumer goods among others. At the time of his death, he was listed among Uganda's wealthiest individuals.

References

  1. 1 2 3 Mirembe, Jovita (9 October 2005). "Mukwano Is Best Exporter". New Vision . Kampala. Retrieved 19 October 2016.
  2. 1 2 Wakabi, Michael (3 December 2001). "Mukwano: There's Pride in Doing Business in Uganda". The East African . Nairobi. Retrieved 19 October 2016.
  3. ↑ The Independent Reporter (12 May 2020). "Mukwano Industries reaps benefits of Cloud transformation". The Independent . Kampala. Retrieved 12 May 2020.
  4. ↑ Mukwano Group (19 October 2016). "Mukwano Group of Companies: Contact Us". Kampala: Mukwano Group. Retrieved 19 October 2016.
  5. ↑ Google (19 October 2016). "Location of the Headquarters of Mukwano Group, Kampala, Uganda" (Map). Google Maps . Google. Retrieved 19 October 2016.
  6. ↑ Mukwano Group (May 2009). "Mukwano Group: Corporate Profile" (PDF). Kampala: Mukwano Group of Companies. Retrieved 19 October 2016.
  7. ↑ Mukwano Group (19 October 2016). "Mukwano Group of Companies: Logistics & Supply Chain Subsidiaries". Kampala: Mukwano Group of Companies. Retrieved 19 October 2016.
  8. ↑ Buluku, Allan (17 January 2006). "Uganda: Mukwano Opens New $30m Liquid Storage Facility in Mombasa". The East African via AllAfrica.com . Nairobi. Retrieved 19 October 2016.
  9. ↑ Busuulwa, Bernard (9 March 2016). "Tanzania's Exim Bank acquires Imperial Bank Uganda". The EastAfrican . Nairobi. Retrieved 19 October 2016.
  10. ↑ Okino, Patrick (16 March 2010). "Uganda: Mukwano Starts Sh2 Billion Maize Plant In Lango". New Vision via AllAfrica.com . Kampala. Retrieved 19 October 2016.
  11. ↑ Muwanga, David (18 July 2006). "Uganda:Manufacturing Resumes In Northern Uganda". New Vision via AllAfrica.com . Kampala. Retrieved 19 October 2016.
  12. ↑ Mukiibi, Ahmed (18 March 2015). "Obadde okimanyi nti Mukwano asinga Sudir Ruparelia obugagga? (Did You Know that Mukwano (Amirali Karmali) is wealthier than Sudhir (Sudhir Ruparelia)?". Bukedde Newspaper (in Ganda). Kampala. Retrieved 19 October 2016.
  13. ↑ Mukwano Group (19 October 2016). "Mukwano Group: Manufacturing Division". Kampala: Mukwano Group of Companies. Retrieved 19 October 2016.
  14. ↑ Kayizzi, Ricks (4 January 2004). "Mukwano In TZ Deal". New Vision . Kampala. Retrieved 19 October 2016.
  15. ↑ Kiwawulo, Chris (15 September 2005). "Mukwano Industries To Make Energy Drinks". New Vision . Kampala. Retrieved 19 October 2016.
  16. ↑ Sanya, Samuel (22 November 2011). "Eight Firms Join Sugar Production". New Vision . Kampala. Retrieved 19 October 2016.
  17. ↑ Odomel, James (26 March 2009). "83 Units Ready At Royal Palms". New Vision . Kampala. Retrieved 20 October 2016.
  18. ↑ Joyce Namutebi, and David Muwanga (15 November 2007). "M7 Opens Giant Plant". New Vision . Kampala. Retrieved 20 October 2016.
  19. ↑ Mukwano Group (20 October 2016). "Mukwano Group of Companies: Our Brands". Kampala: Mukwano Group of Companies. Retrieved 20 October 2016.
  20. ↑ Nuwagaba, Edwin (4 February 2010). "A Touch of Elegance At Royal Palms Estate". Daily Monitor . Kampala. Retrieved 20 October 2016.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.