James Nyakuni

Last updated
James Nyakuni
Born1970 (age 50–51)
Uganda
NationalityUgandan
CitizenshipUganda
OccupationBusinessman and entrepreneur
Years active1990 — present
Known forWealth
TitleManaging director
Gaagaa Bus Services Limited

James Nyakuni is a businessman and entrepreneur in Uganda. He is the founder, owner, and managing director of Gaagaa Bus Services Limited. [1] He was reported in 2007 to be one of the wealthiest individuals in that country. [2]

Contents

Background

He was born in Arua District, circa 1970. He dropped out of school in Primary 7. He started out by making earthen building bricks. He then rented a stall in the market, where he sold fabricated metal products. Later, he opened a shop selling bicycle parts. When he started trading in cigarettes and automobile fuel, his business required him to travel to Nairobi, Kenya several times a year. On such trips, he learned new business skills and made new business contacts. He followed up by opening a second shop across the border in northeastern Democratic Republic of the Congo. Finally, he entered the transportation business.[ citation needed ]

Businesses and investments

His business interests include the Coca-Cola distribution franchise for the West Nile sub-region, Gaagaa Bus Services Limited, whose vehicles offer round-the clock transportation between Arua and Kampala, [3] apartment complexes and other rental real estate in Arua and Kampala, and a fleet of long-haul trucks. [4] [5]

See also

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References

  1. ↑ Felix Warom, and Clement Aluma (30 September 2013). "Location gives Arua an edge in business: Movers and Shakers". Daily Monitor . Kampala. Retrieved 11 March 2016.
  2. ↑ TMC News Quoting New Vision (9 April 2007). "Who Are the Richest People in Uganda?". Kampala: Tmcnet.com Quoting New Vision . Retrieved 14 March 2016.
  3. ↑ Agagati, John (19 May 2013). "Court gives tenants three-day eviction notice". The Observer (Uganda) . Kampala. Retrieved 11 March 2016.
  4. ↑ Rupiny, David (11 November 2005). "Arua district officials blast the UN Security Council over Nyakuni". Kampala: Uganda Radio Network. Retrieved 11 March 2016.
  5. ↑ Vision Reporter (6 September 2011). "Gaaga boss accounts frozen over UN report". New Vision . Kampala. Retrieved 28 March 2016.
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