Mayur Madhvani

Last updated

Mayur Madhvani
Born1949 (age 7475)
NationalityUgandan
CitizenshipUganda
Occupation(s)Businessman, industrialist, entrepreneur
Years active1985–present
Spouse
(m. 1974)
Children2
Parent
Relatives Nimisha Madhvani (niece)
Malika Askari (sister-in-law)
Fardeen Khan (son-in-law)

Mayur Madhvani (born 1949) is a Ugandan businessman, entrepreneur, and industrialist of Indian origin. He is International Master of Human Resource and General Management, International Master Director of Human Resource and General Management, International Master of International Business and Company Law, of the Madhvani Group of Companies, headquartered in Kakira, Uganda. [1] The titles mentioned are new designation updates.

Contents

Background

Mayur is the youngest son and child of Muljibhai Madhvani (1894–1958), the family patriarch who founded the Madhvani Group in 1930. Mayur's four older brothers are Jayant, Manubhai, Pratap and Surendra. Jayant, the eldest, died at age 49 of a heart attack in 1971 while on a business trip to India. Manubhai, the second born, died in May 2012 at the age of 81. [2]

The lean years

In 1972, Uganda dictator Idi Amin expelled all Asians from Uganda, regardless of citizenship. Mayur, with other family members relocated to London. In 1974, he married Mumtaz, the former Bollywood actress. Together they are the parents of two daughters, Natasha [3] and Tanya.

After Idi Amin

After Amin was deposed in 1979, the Madhvanis returned to Uganda and reclaimed their assets. [4]

Kakira Sugar Limited the flagship company was successfully recovered in 1985. Under the leadership of the Madhvani family they have steered KSW to become the largest producer of refined sugar in East Africa. KSW produces an estimated 165,000 metric tonnes of sugar annually, accounting for about 47 percent of the national output in 2011. [5] The Group has also spearheaded co-generation of electricity at Kakira, which now produces 52 megawatts, of which 20 megawatts is used internally and 32 megawatts is sold to the national grid. [6] In 2016, an Ethanol distillery was also set up with a total capacity of 60,000 litres of ethanol per day.

See also

Related Research Articles

<span class="mw-page-title-main">Jinja, Uganda</span> Place in Eastern Region, Uganda

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

<span class="mw-page-title-main">Tororo</span> Place in Eastern Region of Uganda, Uganda

Tororo is a town in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Tororo District.

<span class="mw-page-title-main">Energy in Uganda</span>

Burning of renewable resources provides approximately 90 percent of the energy in Uganda, though the government is attempting to become energy self-sufficient. While much of the hydroelectric potential of the country is untapped, the government decision to expedite the creation of domestic petroleum capacity coupled with the discovery of large petroleum reserves holds the promise of a significant change in Uganda's status as an energy-importing country.

The Madhvani Group of Companies commonly referred to as the Madhvani Group, is one of the largest conglomerates in Uganda. The group has investments in Kenya, Uganda, Rwanda, South Sudan, Tanzania, the Middle East, India, and North America.

<span class="mw-page-title-main">Muljibhai Madhvani</span> Ugandan businessman

Mulji Prabhudas Madhvani (1894–1958), commonly referred to as Muljibhai Madhvani was an Indian-born Ugandan businessman, entrepreneur, industrialist and philanthropist. Born in India, he migrated to Uganda when he was only 14 years old. In 1912, he started his first business in Jinja. He expanded and added to that initial investment and out of those efforts, the conglomerate known as the Madhvani Group was born.

Kakira is a town in the Eastern Region of Uganda. It is the location of the International headquarters of the Madhvani Group.

Njeru is a town in Buikwe District, in the Central Region of Uganda. It is the largest town in the district. It is mainly a residential town. However, it hosts industries such as East African Packaging Solutions Limited, a manufacturer of paper packaging supplies, Nile Breweries Limited, a subsidiary of AB InBev and Nyanza Textile Industries Limited (Nytil), a textile manufacturer.

Kakira Airport is one of the 46 airports in Uganda. It is in Kakira, Jinja District, Eastern Region. The geographic coordinates of this airport are 00 degrees, 29 minutes, 56 seconds north and 33 degrees, 16 minutes, 57 seconds east. It is approximately 107 kilometres (66 mi), by air, east of Entebbe International Airport, the country's largest civilian and military airport.

Kakira Power Station is a 52 megawatt bagasse-fired thermal power plant in the town of Kakira in Jinja District in the Eastern Region of Uganda.

Kakira Sugar Works Limited, often called Kakira Sugar Works, is a leading sugar manufacturer in Uganda, the third-largest economy in the East African Community.

Sango Bay Estates Limited is a sugar manufacturer in Uganda, the third-largest economy in the East African Community.

Sugar & Allied Industries Limited (SAIL), also referred to as Kaliro Sugar Limited is a sugar manufacturer in Uganda.

Aaron Kirunda is a Ugandan social entrepreneur and public figure. He is a co-founder and Chief Executive at enjuba where he dedicates his work to empowering people to reach their full potential through education. enjuba runs the National Spelling Bee in Uganda, a catalytic program that reaches millions of pupils in primary schools, helping them improve their literacy, develop 21st century skills. enjuba also publishes children's books and conducts teacher training programs.

Amuru Sugar Works Limited (ASWL) is a proposed sugar manufacturing company in the Northern Region of Uganda.

The Jinja–Iganga–Bugiri–Tororo Road is a road in the Eastern Region of Uganda, connecting the towns of Jinja and Tororo. Sometimes referred to as Tororo–Jinja Road, it is a busy transport corridor, connecting traffic from neighboring Kenya, and northeastern Uganda to Jinja, a major commercial and industrial center, and ultimately to Kampala, the country's capital, and beyond.

Uganda is the largest producer of granular brown sugar in the East African Community, accounting for about 500,000 metric tonnes annually as of May 2017. By 2021, national annual sugar output had increased to about 600,000 metric tonnes of brown sugar and 60,000 metric tonnes of industrial sugar. In October 2022, it was projected that the country would produce 822,000 metric tonnes in calendar year 2022. Of that, about 720,000 metric tonnes would be brown table sugar and about 102,000 metric tonnes would be white industrial sugar.

Nimisha Jayant Madhvani is a Ugandan diplomat, she currently serves as Uganda's Ambassador to the United Kingdom. Formerly Uganda's Ambassador to the Nordic countries she was accredited to Denmark, Finland, Iceland, Norway and Sweden.

Wairaka is a settlement in the Eastern Region of Uganda.

References

  1. Nsehe, Mfonobong (8 January 2014). "The 10 Leading Family Businesses in Africa". Forbes . Retrieved 16 October 2014.
  2. Mugabi, Frank (19 May 2011). "Manubhai Madhvani For Cremation, Ashes Destined for Uganda". New Vision (Kampala). Archived from the original on 22 October 2014. Retrieved 16 October 2014.
  3. Newvision, Archive (23 December 2005). "Natasha Madhvani Weds Indian Movie Star". New Vision (Kampala). Archived from the original on 22 October 2014. Retrieved 16 October 2014.
  4. Hiltzik, Michael (4 April 1989). "Powerful Dynasty: All In The Family Feud Rips Uganda". Los Angeles Times . Retrieved 16 October 2014.
  5. Among, Barbara (8 December 2008). "Kakira Doubles Sugar Production". New Vision (Kampala). Archived from the original on 22 October 2014. Retrieved 16 October 2014.
  6. Ojambo, Fred (5 April 2011). "Ugandan Sugar Producers Plan to Invest $197 Million to Expand, Diversify". Bloomberg News . Retrieved 16 October 2014.