Charles Mbire

Last updated
Charles Mbire
Born1959 (age 64–65)
Mparo, Rukiga District
Uganda
NationalityUgandan
CitizenshipUganda
Alma mater Essex University
(Bachelor of Science in Economics)
Leicester University
(Master of Business Administration)
Occupation(s) Chairman [1]
MTN Uganda
Eskom Uganda
Uganda Securities Exchange
Director
Rift Valley Railways [2]
Years active1980s — present
Title Chairman
MTN Uganda

Charles Magezi Mbire is a businessman, entrepreneur, and industrialist in Uganda. He was reported to be the wealthiest indigenous Ugandan, with an estimated net worth exceeding US$200 million as of January 2012. [3]

Contents

Background

Mbire was born Charles Magezi in 1959 to Ponsiano Mbire and Thereza Mbire in Mparo, Rukiga District, southwestern Uganda. He is the third-born in the family with three sisters, two of them older than him, and two younger brothers. [4] He attended Kabale Primary School and Kitante Primary School for his elementary education. He studied at St. Mary's College Kisubi for his O-Level education. He then attended Namasagali College for his A-Level studies. [5] He studied business and economics and graduated with the honors degree of Bachelor of Science, from Essex University in England. He went on to obtain a Master of Business Administration from Leicester University. His investments are in energy, finance, real estate, telecommunications, pharmaceuticals, agribusiness, and transportation. [6]

Business interests

Mbire is part owner and/or member of the board of directors of the following Ugandan businesses: [6] [7]

Other responsibilities

Mbire was appointed chairman of the Uganda Securities Exchange in 2010. He is also a member of the Presidential Investor Roundtable, an elite group of businesspeople who advise the President of Uganda on how to improve business competitiveness and business conditions in the country. [12]

Net worth

In December 2008, it was estimated that Mbire's net worth exceeded US$65 million. [13] In January 2012, his net worth was estimated to have increased to greater than US$200 million. [3] In January 2019, he was estimated to be worth US$400 million [14]

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See also

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References

  1. ↑ "Mbire Now Courts Ecobank". New Vision (Kampala). 8 February 2008. Archived from the original on 2014-10-21. Retrieved 14 October 2014.
  2. ↑ "Mbire Appointed To Rift Valley Railways Board". Uganda Radio Network. 2 September 2008. Retrieved 4 May 2015.
  3. 1 2 Kanaabi, Michael; Kiryowa, Ssebidde (January 2012). "Uganda: The Deepest Pockets". New Vision Mobile (Kampala). Archived from the original on 21 October 2014. Retrieved 14 October 2014.
  4. ↑ "Mama Mbire: 71 And Still Thinking Big". New Vision . Kampala, Uganda. 2 February 2006. Archived from the original on 2015-05-05. Retrieved 4 May 2015.
  5. ↑ "Dr. Charles Magezi Mbire". Public Opinions Publications (Uganda). 2014. Retrieved 4 May 2015.
  6. 1 2 3 New Vision (14 July 2022). "Mbire acquires stake at Bank of Baroda". New Vision . Kampala, Uganda. Retrieved 15 July 2022.
  7. ↑ Kim Aine (23 August 2022). "Charles Mbire Acquires Yet More Stake in MTN". ChimpReports. Kampala, Uganda. Retrieved 4 June 2024.
  8. ↑ Feyisayo Ajayi (25 August 2022). "Uganda's richest investor Charles Mbire acquires additional 2.26 million shares in MTN Uganda". Billionaires.Africa. Retrieved 1 September 2022.
  9. ↑ "Board Chairman Charles Mbire to Receive Shs5 Billion from MTN Uganda's Dividend Payout". Lifestyleuganda.com. Kampala, Uganda. 23 November 2023. Retrieved 24 November 2023.
  10. ↑ Ainebyoona, Emmanuel (22 September 2014). "New RVR Trains To Boost Cargo Volumes, Says Company Official". Daily Monitor (Kampala). Retrieved 14 October 2014.
  11. ↑ Mugabe, David (7 December 2010). "National Grid To Get 200MW Boost". New Vision (Kampala). Archived from the original on 2014-10-21. Retrieved 14 October 2014.
  12. ↑ Mugabe, David (4 November 2010). "Bourse Get New Chair". New Vision (Kampala). Archived from the original on 21 October 2014. Retrieved 14 October 2014.
  13. ↑ "Mbire At It Again". New Vision (Kampala). 26 December 2014. Archived from the original on 2014-10-21. Retrieved 14 October 2014.
  14. ↑ Forex News Now (January 2019). "Who are the richest millionaires in Uganda and what they do: Charles Mbire". ForexNewsNow.com. Tbilisi, Georgia. Retrieved 5 October 2021.
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