Ponsiano Ngabirano

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Ponsiano Ngabirano
Born1955 (age 68–69)
Uganda
NationalityUgandan
CitizenshipUganda
OccupationBusinessman
Years active1997 – present
Known forWealth, Business acumen
TitleChairman & CEO
Capital Shoppers Supermarkets
SpouseEva Ngabirano

Ponsiano Ngabirano is a businessman and entrepreneur in Uganda. He is the founder, chairman and managing director of Capital Shoppers Supermarkets, a chain of supermarket stores, which he partly owns. The stores in the chain are based in Kampala, Uganda. [1] In 2012, the New Vision newspaper listed him among the wealthiest individuals in Uganda. [2]

Contents

Background

He was born in Rukungiri District, in the Western Region of Uganda, circa 1955. In 1997, he and his family, established the supermarket chain, which owns and operates four supermarket stores in Kampala, Uganda's capital city. Capital Shoppers Supermarkets is the largest locally owned supermarket chain in the country. [3] The family-owned chain maintains a customer-loyalty program that offers 4 percent rebate on purchases, the highest in the industry in Uganda, as of 2014. In January 2012, Ugandan media reports indicated that the supermarket chain is owned at least in part by Ponsiano Ngabirano. [2]

Businesses and investments

As of August 2014 Capital Shoppers Supermarket chain maintained branches at the following locations: (a) Central Kampala: Dastur Street, Nakasero Hill, Kampala (b) Nakawa Branch: Port Bell Road, Nakawa, Kampala (c) Ntinda Branch: Capital Shoppers Mall, Ntinda Road, Ntinda, Kampala and (d) Garden City Branch: Garden City Mall, Kampala. [3]

In addition to the shareholding in Capital Shoppers Supermarkets, [3] [4] Ngabirano and members of his family own large chunks of land inside and outside Kampala. [5]

Net worth

According to the New Vision newspaper, in 2012, Ponsiano Ngabirano's net worth was estimated at US$20 million. [2]

See also

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References

  1. ↑ New Vision (21 August 2008). "Cardinal Wamala Opens Capital Shoppers". New Vision . Retrieved 24 June 2020.
  2. 1 2 3 Michael Kanaabi, and Ssebidde Kiryowa (6 January 2012). "The Deepest Pockets". New Vision . Kampala. Retrieved 24 June 2020.
  3. 1 2 3 Julius Businge (13 July 2014). "Uganda: Local Supermarkets Vie for Market Share" (via AllAfrica.com). The Independent (Uganda) . Kampala. Retrieved 24 June 2020.
  4. ↑ Polly Kamukama and Simon Musasizi (21 December 2011). "Businesses targeting Christmas". The Observer (Uganda) . Kampala.
  5. ↑ The Independent Uganda (25 March 2009). "Who Owns Naguru- Nakawa Estate Land?". The Independent (Uganda) . Kampala. Retrieved 24 June 2020.
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