Hamis Kiggundu

From Simple English Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Hamis Kiggundu
Born (1984-02-10) 10 February 1984 (age 38)
EducationMakerere University, Kampala (Bachelor of Laws)
OccupationBusinessman, Entereprenuer, Investor
EmployerHam Group of Companies
Net worth$870 million[1]
TitleGroup CEO
  • Haruna Segawa (father)
  • Jalia Nakayiza (mother)
WebsiteHome Page

Hamis Kiggundu (born 10 February 1984), is a Uganda-based multinational businessperson, Internet business starter, money-giver (to charity), and book writer.[1]

He is the founder of the Ham Group of Companies a multinational company , and the writer of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece.[1]

He is one of the richest people in Uganda with a Net Value of US$870 million employing about 7,000 people as reported by Forbes (March 2021 Forbes).[1]

In March 2020, Kiggundu was featured in Ugandan media for his court fight against Diamond Trust Bank. He accused (of a crime) that the bank cheated him over $30 million over the course of 10 years.[2][3]

Family and religion[change | change source]

Kiggundu is the son of Haruna Segawa, who is part of a family with much property investments in Kampala.[4]

Kiggundu is a Muslim.[5]

Early life and education[change | change source]

Kiggundu was born in 1984 in the Kalungu Masaka District in the Central area of Uganda. He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education and later graduated from Makerere University with a degree in Laws.[6]

He joined the Law Development Center where he graduated with a diploma in legal practice.[7]

Business journey[change | change source]

During his Middle School holidays in 2003, his parents gave reasonable capital to start a business and he started small and locally, trading in commodities and merchandise from first hand importers abroad and selling them at a profit. With increased capital inflow, he progressed to a firsthand importer and started importing commodities from: China, Thailand, Hong Kong and Dubai. He could distribute them wholesale both in Ugandans and neighboring countries like Kenya, Tanzania, Burundi, Congo and Sudan. Hamis accumulated more capital and upgraded to real estate, mainly buying and selling land and properties at a profit before I incorporated Ham Enterprises (U) Ltd and progressed to constructing and owning my commercial properties.[7][8] Hamis has now diversified into large scale industrialization, mainly focusing on Agro processing and value addition. He has embarked on a US$156 million project in the central region where advanced Integrated Agro-Processing Industrial Plants (IAIP) are being setup at Akright City as a pioneer project, with a goal of providing value addition for resident and international consumption of Uganda's Agro produce. The project aim is to promote import substitution by adding value to local produce rather than importation of agro-processed products. Silos (Storage Units) of over 500,000 metric ton, have already been established as reported by Forbes.[1]

Nakivubo Stadium rebuilding[change | change source]

President's order[change | change source]

In 2015, President Museveni directed Kiggundu to re-construct and increase the capacity of Nakivubo Stadium into a modern state of the art sports facility with larger capacity. The Redevelopment works are a joint venture between the government of Uganda as the owner and Kiggundu as the developer through his company Ham Enterprises and ROKO Construction[9] as the lead contractor.[10]

Stadium breaking[change | change source]

In February 2017, Kiggundu smashed the timeworn structures and fenced off the entire stadium area to prepare for fresh construction works to commence.[11]

Building start[change | change source]

In June 2017, construction works kick-started and the stadium took shape.[12]

The entire an estimated cost of US$139 million according to Forbes Africa.[1]

Book writing[change | change source]

Success and Failure Based on Reason and Reality[change | change source]

In June 2018 Kiggundu wrote Success and Failure Based on Reason and Reality which advises on financial success and the need to have a sense of purpose. The Book became a bestseller in Uganda and by December 2018. It was nominated and consequently won an award of Business Motivational Book of the year from The National Book Forum of Uganda.[13]

In June 2019 Hamis' book was reviewed, evaluated and eventually adopted by the Uganda Ministry of Education and Sports through the National Curriculum Development Center which put it on the Uganda school curriculum.[14]

Reason As the World Masterpiece[change | change source]

In February 2021, Kiggundu wrote a second book and Reason as the World Masterpiece, a self-improvement book that focuses deeply on information about prosperity, self-development and advocates on the world human challenges, the solution to Africa's problems and Uganda's direct path from poverty to prosperity, with use of reason.[15][16]

Charity[change | change source]

Ham Foundation[change | change source]

In 2019 he started Ham Foundation, a charity organization to improve on the people's lives and their communities.[17]

Clerics in the Greater Masaka Region[change | change source]

In March 2020, Kiggundu through his Ham Foundation donated over 200 bicycles, Qurans, and prayer mats to Muslim clerics in the Greater Masaka Region of Uganda.[18]

COVID-19[change | change source]

Food relief[change | change source]

In April 2020 Kiggundu donated food relief to Uganda's COVID-19 task force. He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association but was also criticized for providing cash handouts to journalists.[19][20][21]

Vaccination[change | change source]

In July 2021, Kiggundu donated to the Uganda Government 15,000 COVID-19 Vaccines doses doses for his employees and other Ugandans and additionally called upon Ugandan Corporate Entities to join him in saving lives as a way of giving back to the Ugandan Community where they operate.[22][23]

Court case[change | change source]

Suing Diamond Trust Bank[change | change source]

In March 2020, Kiggundu was featured prominently boldly and clearly in Ugandan media for his court battle against Diamond Trust Bank. He alleged that the bank defrauded him over $30 Million (UGX 34.29 billion and USD 23. 4million) over the course of 10 years. He dragged the bank to the high court of Uganda under what he called "unclear debits" from his bank accounts.[2][3]

Victory and court order against Diamond Trust Bank[change | change source]

In October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totaling to UGX 34.29 billion and USD 23.4 million with an additional 8% interest for legal costs.[24]

The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundu's properties and all corporate and personal guarantees issued by Kiggundu. The court also issued a permanent order to prevent DTB from enforcing the mortgages over Kiggundu's properties.[25]

Diamond Trust Bank appeals[change | change source]

Diamond Trust Bank later appealed the decision in the High Court and were issued an order halting payment of the monies to Ham[26]

Awards[change | change source]

In 2018 Kiggundu was given an award as an acknowledgement for his book, Success and Failure Based on Reason and Reality. It was nominated the best book of the year in the category of "Business Motivation" at an event held by the Book Forum of Uganda in Kampala.[27][28]

Internet entrepreneurship[change | change source]

In April 2021, Kiggundu started Internet entrepreneurship with Hamz Link an internet based company having many subsidiaries that use different web and mobile based platforms ranging from; Education, Communication, Online Shopping, Online Payment, Video hosting and Entertainment sectors.[29][30]

Hamz Subsidiaries and platforms include: Hamz App, Hamz Line, Hamz Wave, Hamz Chart, Ham Pay, Hamz Club,[31] Hamz E Mall, Hamz Agro and Hamz Campus among others which are primarily accessible for download from his own Android apps store, Ham App Store and also on other android and iOS stores.[32][33]

Bank opening and agro-processing business[change | change source]

Ham Agro Bank[change | change source]

Kiggundu is in the process of opening the Ham Agro Bank, a farmer’s Bank to accommodate for agrarian needs with Agro produce as the core instrument of trade, offering loans to farmers in form of Farming desires; for example: Machines, seeds, Services, pesticides among others. Farmers can then repay in form of Agro produce, according to Forbes. He also gave a hint on this plan while launching his book, Reason as the World Masterpiece in Kampala in March 2021 and also wrote about it in the book.[1][7][34]

Ham Agro-Processing Industries[change | change source]

Kiggundu is now in the final stages of finishing the $156million a pilot project of the Ham Integrated Agro-Processing Industries in the Central region of Uganda which also be the Headquarters the entire project in Akright City, the Entebbe Express road-based industrial complex.[1][7][35]

The US White House duplication[change | change source]

The White House Uganda[change | change source]

Kiggundu made the administration block for his Agro processing industries an exact replica of the US White House which he named The White House Uganda in his bid to attract future tourists, both local and international to boost Uganda's tourism industry and pioneer national growth and prosperity[1][35]

Ham Palm Villas[change | change source]

In a bid to transform Uganda and discourage nationals from leaving their motherland in search of a better life, he decides to create what we called Ugandans' desire right at home by setting up a 5 star gated community which he named Ham Palm Villas, with 500 homes, Villas and Apartments with all required amenities i.e. health and shopping facilities, international school , multi-sports complex, among others. building started in 2019 and is still on going.[1][36]

Kiggundu has a home located on the shores of Lake Victoria, popularly known as Ham’s Residence. The mansion was described as "palatial" by the Uganda Times.[37]

Related pages[change | change source]

References[change | change source]

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 Forbes Africa (10 March 2021). "Ham Enterprises Limited: Hamis Kiggundu" (PDF). Forbes Africa Magazine. p. 24. Retrieved 20 March 2020.
  2. 2.0 2.1 "Tycoon Ham drags DTB to court over sh100b". www.newvision.co.ug. Retrieved 21 June 2020.
  3. 3.0 3.1 Times, Uganda (11 March 2020). "Ham Enterprises drags DTB to court over 100Bn UGX Fraud". The Uganda Times – Uganda News, Uganda Updates, Breaking News, World News, Business, Travel, About Uganda | Home. Retrieved 19 June 2020.
  4. "Siblings who own a piece of Kampala City". Daily Monitor. 19 July 2020. Retrieved 25 July 2020.
  5. Kiggundu, Hamis (21 May 2019). "Islam Is Peaceful, Beautiful, Pure and Absolute. The highest achievement of a Lifetime". The Uganda Post. Retrieved 29 August 2020.
  6. thehomelandnewspaper (2021-03-16). "Homeland Newspaper". The Homeland Newspaper. Retrieved 2021-07-07.
  7. 7.0 7.1 7.2 7.3 Kiggundu, Hamis (2018). Success and Failure Based on Reason and Reality. Ham Enterprises. p. 1. ISBN 978-1719869546.
  8. BigEyeUg3 (2015-06-10). "Here is how Ham of Ham towers made his money and became a billionaire". BigEye.UG. Retrieved 2021-10-02.
  9. "Home :: ROKO Construction Limited". www.roko.com. Retrieved 2021-09-09.
  10. "M7 Directs Ham Enterprises To Re-Develop Nakivubo Stadium". Red Pepper. 1 April 2015. Retrieved 19 June 2020.
  11. "How Hamis waved Museveni's order to take over Nakivubo land". Daily Monitor. February 2021. Retrieved 2021-09-09.
  12. "First Lady's visit an endorsement of Nakivubo work, says". Daily Monitor. Retrieved 19 June 2020.
  13. J, lukwago (2018-12-12). "Hamis Kiggundu's Book Wins Business Book Of The Year!". Newslex Point. Retrieved 2021-09-09.
  14. "NCDC adopts businessman Ham Kiggundu's book for schools". Daily Monitor. Retrieved 2021-09-09.[permanent dead link]
  15. Times, Uganda (2021-03-10). "REASON AS THE WORLD MASTERPIECE: TOP AFRICAN BUSINESSMAN HAMIS KIGGUNDU LAUNCHES NEW BOOK". The Uganda Times - Uganda News, Uganda Updates, Breaking News, World News, Business, Travel, About Uganda | Home. Retrieved 2021-09-09.
  16. Hamis, Kiggundu (2021). Reason as the World Masterpiece. Ham Enterprises. pp. 1–152. ISBN 978-9970652006.
  17. "Ham Foundation". Retrieved 2021-09-09.
  18. Times, Uganda (14 March 2020). "Charity: Tycoon Hamis Kiggundu donates 200 bicycles to Rural Clerics". The Uganda Times – Uganda News, Uganda Updates, Breaking News, World News, Business, Travel, About Uganda | Home. Retrieved 19 June 2020.
  19. "Covid-19: Businessman, Hamis Kiggundu, gives Shs100 million to help needy". Nile Post. 4 April 2020. Retrieved 21 June 2020.
  20. "UJA to Support Journalists with Foodstuff". ChimpReports. 20 April 2020. Retrieved 19 June 2020.
  21. URN. "Journalists scramble for Hamis Kiggundu's cash". The Observer – Uganda. Retrieved 26 July 2020.
  22. "Tycoon Ham Kiggundu donates 15,000 COVID-19 doses to Ugandans – The Informer UG". The Informer UG. 2021-06-10. Retrieved 2021-07-05.
  23. Correspondent, PETER SSENTI | PML Daily (2021-07-03). "Big push as city mogul Ham donates UGX.530M to purchase 15000 doses of COVID-19 vaccine". PML Daily. Retrieved 2021-07-05.
  24. URN. "Court orders DTB to refund immediately Shs 120bn to Ham". The Observer – Uganda. Retrieved 13 November 2020.
  25. Times, Uganda (8 October 2020). "Commercial Court Orders against Diamond Trust Bank in the 120 Billion Fraud Case Ruling". The Uganda Times – Uganda News, Uganda Updates, Breaking News, World News, Business, Travel, About Uganda | Home. Retrieved 13 November 2020.
  26. URN. "Principal judge 'rejects' bribe offer in Ham-DTB appeal case". The Observer - Uganda. Retrieved 2021-03-11.
  27. "Ham Kiggundu: "I have made money genuinely"". Nile Post. 23 July 2018. Retrieved 21 June 2020.
  28. Times, Uganda (12 December 2018). "Hamis Kiggundu's Book Wins Business Book Of The Year!". The Uganda Times – Uganda News, Uganda Updates, Breaking News, World News, Business, Travel, About Uganda | Home. Retrieved 19 June 2020.
  29. Alberta, Corporations (14 June 2021). "Hamz Link Ltd". Alberta Corporations – via Free Alberta Business Search.
  30. Micheal, Kanaabi (21 April 2021). "Tycoon Kiggundu dives into social media business with Hamz app". The Nile Post. Retrieved 6 September 2021.
  31. "Hamz Club | Hamz Apps". Hamz Apps Store. Retrieved 6 September 2021.
  32. "Hamz App Store|Download all Hamz apps from here easily". Hamz Apps Store.
  34. Hamis, Kiggundu (2021). Reason as the World Masterpiece. Amazon Books: Ham Enterprises. p. 138. ISBN 978-9970652006.
  35. 35.0 35.1 Kiggundu, Hamis (2021). Reason as the World Masterpiece. Amazon Books: Ham Enterprises U Ltd. pp. 128–138. ISBN 978-9970652006.
  36. Post, Entebbe (2020-06-07). "Ham Palm Villas: The Story of Success Mixed with Hard work". Entebbe Post. Retrieved 2021-09-10.
  37. Times, Uganda (2020-04-22). "Pictorial: Tycoon Hamis Kiggundu's Residence Very safe and not Flooded as alleged". The Uganda Times - Uganda News, Uganda Updates, Breaking News, World News, Business, Travel, About Uganda | Home. Retrieved 2021-09-10.

Other websites[change | change source]