Kwagalana Group

Last updated

Kwagalana Group is a members only group of richest businessmen and women in Uganda. Together, the group led by Godfrey Kirumira was estimated to be worth over UGX1,000 billion/USD272 million in 2009. [1] The group was started in 2002 [2] by a group of rich men, but the membership has since grown to include several businessmen like Sudhir Ruparelia of Ruparelia Group Joseph Magandaazi Yiga Hamis Kiggundu [3] among several other rich Ugandans. [4] [5] [6]

Contents

Kwagalana Group
Company type Business group
Area served
 Uganda
Key people
 Godfrey Kirumira (Chairperson)
Members Sudhir Ruparelia, Joseph Magandaazi Yiga and more
Website kwagalanagroup.com

Philanthropy

The Kwagalana Group is known for its work of philanthropy by its members. [7] The members of the group have been known to contribute to the communities and the country's development through business and charity. Sudhir Ruparelia [8] in particular has a foundation [9] has benefited several children and women. [10]

During the COVID-19 Pandemic, the Kwagalana Group donated a pickup truck to the health ministry to help transport materials to different health facilities. This followed a call for donations from Yoweri Museveni [11] [12] Members also made individual contributions to the same cause. [12]

Business

Members of Kwagalana Group own several businesses in Uganda, including hotels, Fuel Companies, Schools, Real Estate Companies mong others. These include; Kirumira's Bargary Company Limited deals in fuel, and Sudhir's hotels, apartments, schools etc. Other members of Kwagalana Group include Joseph Magandaazi Yiga the proprietor Steel and Tube Industries [13] Dr Sarah Nkonge, who owns several arcades in Kampala and Jinja. She was also the first woman to be appointed Kampala City Mayor. [14] Mr Ben Kavuya, the Proprietor Legacy Group [15] [16] and Hamis Kiggundu the proprietor Ham Enterprises, among other members.

Related Research Articles

<span class="mw-page-title-main">Nakivubo Stadium</span> Satdium in Uganda

Hamz Stadium, formerly referred to as Nakivubo Stadium at Nakivubo War Memorial Grounds, is a multi-purpose stadium in Kampala, Uganda. Following extensive renovations led by businessman Hamis Kiggundu in partnership with the Ugandan government, the stadium has been upgraded to international standards. It is slated to host significant events like AFCON2027 and CHAN 2024. which will mark a new chapter in Uganda's sporting and community landscape. It was previously used mostly for football matches and served as the home venue of SC Villa. In the 2024/2025 season, two Uganda premier league clubs URA FC and Express FC used Hamz stadium as their home ground.The stadium had a capacity of about 21,000 people, but upon partial completion of the renovations started in 2017, President Museveni commissioned the stadium on 25 April 2024. It will have a total seating capacity of 35,000 people upon final completion.

<span class="mw-page-title-main">Crane Bank</span> Commercial bank in Uganda

Crane Bank Limited was a commercial bank in Uganda licensed and supervised by the Bank of Uganda (BOU), the central bank and national banking regulator. Crane Bank was acquired by DFCU Bank in January 2017 at a cost of Ush200 billion on grounds that it was undercapitalized as declared by the regulator Bank of Uganda.

<span class="mw-page-title-main">Ruparelia Group</span> Conglomerate in Uganda

The Ruparelia Group of Companies, commonly referred to as the Ruparelia Group, is a privately owned conglomerate in Uganda. Sudhir Ruparelia, a wealthy Ugandan businessman, is a shareholder in each of the companies in the Group.

<span class="mw-page-title-main">Sudhir Ruparelia</span> Ugandan businessman

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

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

<span class="mw-page-title-main">Kampala Speke Hotel</span> Hotel in Kampala, Uganda

Kampala Speke Hotel is a hotel in Kampala, the capital and largest city in Uganda, the third-largest economy in the East African Community.

Kampala Kingdom is a Mall and shopping complex in Kampala, Uganda's capital city.

Victoria University Uganda (VUU), also known as Victoria University Kampala, is a chartered University by the Uganda National Council for Higher Education (NCHE). It offers short, professional, diploma, undergraduate and postgraduate courses.

<span class="mw-page-title-main">Kololo Senior Secondary School</span> School in Kololo, Kampala, Central Region, Uganda

Kololo Senior Secondary School, is a government-aided, mixed, middle and high, day school, in Kampala, Uganda.

<span class="mw-page-title-main">Munyonyo Commonwealth Resort</span> Hotel in Kampala, Uganda

Munyonyo Commonwealth Resort is a five star hotel-resort in Kampala, the capital and largest city in Uganda, the third-largest economy in the East African Community.

The Speke Resort and Conference Centre is a hotel-resort-conference-centre in Kampala, the capital and largest city of Uganda, the third-largest economy in the East African Community. It is one of the five 4-star hotels in Kampala, as rated by the Uganda Tourism Board in June 2015.

Stephen Robert Isabalija, is a Ugandan civil servant, management professional, accountant, academic and academic administrator. He is the immediate past permanent secretary in the Ministry of Energy and Mineral Development in Uganda, having served in that capacity from November 2016, until his termination on 24 August 2017.

Monica Kalyegira Mugenyi is a Ugandan lawyer and judge, who on 17 January 2024 was appointed as a member of the Supreme Court of Uganda.

Jane Kiggundu, is a Ugandan lawyer and judge on the High Court of Uganda. She was appointed to that court by president Yoweri Museveni, in May 2008.

The Xsabo Nkonge Power Station is a US$22 million 20 MW/AC solar power plant in Uganda that has been registered by the Electricity Regulatory Authority (ERA) in the national gazette for the implementation process following license issuance on 28 September 2020.

<span class="mw-page-title-main">Hamis Kiggundu</span> Ugandan businessman and author

Hamis Kiggundu, commonly known as Ham, is an Ugandan businessman, lawyer and author. He is the CEO of the Ham Group of Companies, and has written two books Success and Failure Based on Reason and Reality (2018) and Reason as the World Masterpiece (2021). As of 2024, Kiggundu is among the richest Ugandans by networth.

<span class="mw-page-title-main">Success and Failure Based on Reason and Reality</span> 2018 self help book

Success and Failure based on Reason and Reality is a 2018 self-improvement book authored by Ugandan businessman Hamis Kiggundu. It advises on financial success and the need to have a sense of purpose.

<span class="mw-page-title-main">Ham Group</span> Ugandan privately owned conglomerate

The Ham Group of Companies is a privately owned conglomerate in Uganda founded in 2005 by Hamis Kiggundu. The White House is the Official headquarters of the Company.

References

  1. ↑ Baguma, Arthur (2009-03-07). "Uganda: Kampala's Rich Meet Museveni". All Africa . Retrieved 2024-10-14.
  2. ↑ "Kwagalana Group Members Appraisal Raises Fear". ChimpReports. 2012-12-05. Retrieved 2024-10-14.
  3. ↑ "Hamis Kiggundu expresses displeasure over felling of city trees". New Vision. Retrieved 2024-10-16.
  4. ↑ Reporter, Our (2024-08-18). "Tycoon Sudhir, businessmen grace Speaker Among Bukedea sports facility launch". Eagle Online. Retrieved 2024-10-14.
  5. ↑ Cappiello, Emily. "Sudhir Ruparelia". Forbes . Retrieved 2024-10-14.
  6. ↑ Ssegawa, Mike (2021-06-16). "What Gen Katumba Wamala told 'Billionaires' Club' Kwagalana who paid him visit at his palatial Najjera home". Watchdog Uganda. Retrieved 2024-10-16.
  7. ↑ "Kwagalana Group". Kwagalana Group.
  8. ↑ "uganda's wealthiest man talks philanthropy". CivSource-Africa.
  9. ↑ "About Us".
  10. ↑ "Hundreds of Orphans reap big from Ruparelia Foundation's End Of Year donation drive". Eagle Online. 2022-01-06. Retrieved 2024-10-14.
  11. ↑ "Kwagalana Group donates pick-up in fight against COVID-19". New Vision. Retrieved 2024-10-14.
  12. 1 2 Uganda, TheSpy (2020-05-20). "Kwagalana Group Donates Brand New 4x4 Truck To COVID-19 Task Force - TheSpy" . Retrieved 2024-10-14.
  13. ↑ Kyamutetera, Muhereza (2023-01-21). "MAN OF STEEL: How Steel & Tube Industries' Joseph Yiga hot-rolled himself from an ordinary hardware retailer to a UGX427.2 bn a year steel magnate". CEO East Africa. Retrieved 2024-10-14.
  14. ↑ Nantaba, Agnes (2017-09-06). "PROFILE: Sarah Nkonge has formula for success". The Independent Uganda. Retrieved 2024-10-14.
  15. ↑ "About us". Legacy Group. Retrieved 2024-10-14.
  16. ↑ "Uganda Gov't to acquire shares in businessman, Ben Kavuya's USD12.7 mn medical glove-making firm". CEO East Africa. 2023-10-30. Retrieved 2024-10-14.
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.