Hamis Kiggundu

From Simple English Wikipedia, the free encyclopedia
Mr.

Hamis Kiggundu
Hamis at Kampala, 2021
Born (1984-02-10) 10 February 1984 (age 40)
NationalityUganda
SiglumHAM
CitizenshipUgandan
EducationMakerere University, Kampala (Bachelor of Laws)
Occupation(s)Businessman, Entereprenuer, Investor
EmployerHam Group of Companies
TitleGroup CEO
Parents
  • 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 $1.02 Billion employing about 7,000 people as reported by Forbes (March 2021 Forbes).[2][3][1][4]

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.[5][6]

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.[7]

Kiggundu is a Muslim.[8]

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.[9]

He joined the Law Development Center where he graduated with a diploma in legal practice.[10]

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 firsthand 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 on 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 he incorporated Ham Enterprises (U) Ltd and progressed to constructing and owning his commercial properties.[10][11] 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[12] as the lead contractor.[13]

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.[14]

Building start[change | change source]

In June 2017, construction works kick-started and the stadium took shape.[15]

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.[16]

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.[17]

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.[18][19]

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.[20]

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.[21]

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.[22][23][24]

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.[25][26]

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.[5][6]

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 US$23.4 million with an additional 8% interest for legal costs.[27]

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.[28]

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[29]

On June 13, 2023, the Supreme Court, led by Chief Justice Alphonse Owiny Dollo and other justices, also sent the case back to the High Court for a new trial, focusing on factual aspects after resolving legal issues in the appeal.[30][31][32]

Aggreived by the court decision, Kiggundu petitioned the Constitutional Court to nullify a Supreme Court ruling that ordered a retrial in his financial dispute with Diamond Trust Bank Uganda and Kenya, involving over 120 billion Shillings. Kiggundu argued the ruling was unconstitutional and ignored legal procedures, potentially harming Uganda's financial regulation.[33][34]He sought to expunge the Supreme Court's proceedings and obtain a permanent injunction against the banks and the Attorney General.[35]

Arbitration

In November 2023, This long-standing financial and legal dispute with Diamond Trust Bank was amicably resolved. Ham and Nasim Devji, the group CEO of Diamond Trust Bank reached a mutual agreement in a private meeting to drop all court cases. This decision was made to preserve their 11-year banking relationship and to foster future financial collaboration.[36][37]

Awards[change | change source]

In 2023, Kiggundu was awarded in recognition and celebration of his exceptional contributions to rejuvenating Africa through entrepreneurship and iconic real estate development at the Pan African Pyramid Global Awards 6th Edition organised and held in Kampala by Pan-African Pyramid (PAP).[38] [39]

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.[40][41]

Hamz Brand[change | change source]

Hamz Brand is a key part of Kiggundu's business story. Started in 2021[42], Hamz quickly grew from a fashion brand to a symbol of innovation and cultural change in Uganda.[43][44][45]

Starting with Fashion[change | change source]

Hamz started by selling fashionable and high-quality items like T-shirts, notebooks, caps, and more. These products became popular for their style and quality, reflecting the modern tastes and aspirations of Uganda's youth.[46]

Moving Into Sports and Helping the Community[change | change source]

Kiggundu saw the potential of sports to bring people together and help the youth. He expanded Hamz into the sports world by renovating the old Nakivubo Stadium into the modern Hamz Stadium.[47][48][49] This move helped revive a key community space.[50] The Hamz Sports Club was also set up in Kigo, Wakiso District, focusing not just on sports but also on education and health, aiming to empower young people and improve the community.[51][52][44]

Stepping Into the Digital World[change | change source]

With Hamz Ltd, the digital side of the brand, Kiggundu entered the technology field[53]. This part of Hamz introduced new digital services like online payments and e-commerce, making it easier for Ugandans to connect and use technology. Hamz Ltd shows Kiggundu's vision for a digitally advanced Uganda. Hamz Subsidiaries and platforms include: Hamz App[54][55], Hamz Line, Hamz Wave, Hamz Chart, Ham Pay, Hamz Club,[56] Hamz E Mall, Hamz Agro and Hamz Campus[57] 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.[58][59]

Impact on Society and Economy[change | change source]

Hamz is more than just a business. It has become a major part of Uganda's story of growth and self-sufficiency. The brand drives innovation and supports the idea of Ugandans helping themselves and growing sustainably.[46]

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][10][60]

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][10][61]

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][61]

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][62]

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.[63]

Personal Life[change | change source]

Residence[change | change source]

Hamis Kiggundu resides in Kampala, Uganda, in a luxurious estate valued at $32 million, spanning 479,160 square feet.[64]Known as "Ham’s Residence," this expansive property was constructed in 2014 and has been featured in interviews with Wodemaya and Miss Trudy, highlighting Kiggundu’s affluent lifestyle.[65]

Style and Preferences[change | change source]

Kiggundu exhibits a strong preference for a monochromatic color scheme, favoring shades of grey, black, and white.[66] This preference is not only evident in his personal wardrobe, which predominantly consists of black and white garments, with occasional grey pieces but also extends to his properties. The architectural and interior design of his estate reflects this color palette, emphasizing the simplicity, balance, and harmony that Kiggundu values in his life.[66][67]

Related pages[change | change source]

References[change | change source]

  1. 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 Forbes Africa (10 March 2021). "Ham Enterprises Limited: Hamis Kiggundu" (PDF). Forbes Africa Magazine. p. 24. Archived from the original (PDF) on 11 March 2021. Retrieved 20 March 2020.
  2. Sande, Nyongesa (2024-04-06). "Hamis Kiggundu". Bizmart | Business in Motion. Retrieved 2024-04-13.
  3. Asiteza, Remmy (2024-04-07). "LIST: Unveiling Uganda's wealthiest moguls in 2024 as Sudhir retains top spot". Daily Express. Retrieved 2024-04-13.
  4. Sande, Nyongesa (2024-04-12). "Top 10 Wealthiest Individuals in Uganda: 2024 Rankings". Nyongesa Sande. Retrieved 2024-04-13.
  5. 5.0 5.1 "Tycoon Ham drags DTB to court over sh100b". www.newvision.co.ug. Retrieved 21 June 2020.
  6. 6.0 6.1 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. Archived from the original on 9 June 2020. Retrieved 19 June 2020.
  7. "Siblings who own a piece of Kampala City". Daily Monitor. 19 July 2020. Retrieved 25 July 2020.
  8. 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.
  9. thehomelandnewspaper (2021-03-16). "Homeland Newspaper". The Homeland Newspaper. Archived from the original on 2021-07-09. Retrieved 2021-07-07.
  10. 10.0 10.1 10.2 10.3 Kiggundu, Hamis (2018). Success and Failure Based on Reason and Reality. Ham Enterprises. p. 1. ISBN 978-1719869546.
  11. BigEyeUg3 (2015-06-10). "Here is how Ham of Ham towers made his money and became a billionaire". BigEye.UG. Archived from the original on 2021-10-29. Retrieved 2021-10-02.{{cite web}}: CS1 maint: numeric names: authors list (link)
  12. "Home :: ROKO Construction Limited". www.roko.com. Retrieved 2021-09-09.
  13. "M7 Directs Ham Enterprises To Re-Develop Nakivubo Stadium". Red Pepper. 1 April 2015. Archived from the original on 24 November 2020. Retrieved 19 June 2020.
  14. "How Hamis waved Museveni's order to take over Nakivubo land". Daily Monitor. February 2021. Retrieved 2021-09-09.
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  20. "Ham Foundation". Archived from the original on 2021-09-09. Retrieved 2021-09-09.
  21. 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. Archived from the original on 21 June 2020. Retrieved 19 June 2020.
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  23. "UJA to Support Journalists with Foodstuff". ChimpReports. 20 April 2020. Retrieved 19 June 2020.
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  26. 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.
  27. URN. "Court orders DTB to refund immediately Shs 120bn to Ham". The Observer – Uganda. Retrieved 13 November 2020.
  28. 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. Archived from the original on 4 August 2021. Retrieved 13 November 2020.
  29. URN. "Principal judge 'rejects' bribe offer in Ham-DTB appeal case". The Observer - Uganda. Retrieved 2021-03-11.
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  31. Trumpet, Admin (2023-06-13). "Ham-DTB case Sent back to High Court for Retrial". Trumpet News. Retrieved 2024-04-09.
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  33. Kukunda, Judith (2023-07-26). "Kiggundu Asks Constitutional Court to Nullify Decision in DTB Loan Case". Uganda Radio Network. Retrieved 2024-04-09.{{cite web}}: CS1 maint: url-status (link)
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  42. Reporter, NELSON MANDELA | PML Daily (2021-04-21). "INNOVATION: Business mogul Hamis Kiggundu develops Hamz App, an anti-stress Mobile Platform". PML Daily. Retrieved 2024-04-15.
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  45. Reporter, Express (2021-04-20). "HAMZ APP: Ham Enterprises develops new Social Media App, takes internet by storm". Daily Express. Retrieved 2024-04-15.
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  50. Edi (2023-11-14). "UNVEILED: TYCOON HAMIS KIGGUNDU BUILDS A WORLD CLASS GYM & MODERN BOXING RING @ NEWLY CONSTRUCTED HAMZ STADIUM NAKIVUBO (PICTORIAL)". News Editor. Retrieved 2024-04-15.
  51. Reporter, Real Muloodi (2022-03-16). "Hamis Kiggundu announces 'HAMZ CLUB', an Integrated Sports Complex for Uganda's Youth". Real Muloodi News Network. Retrieved 2024-04-15.
  52. "Hamz Sports Club". Galaxy FM 100.2. Retrieved 2024-04-15.
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  59. "Hamz Campus | RAISING A NEW GENERATION THAT KNOWS WHAT TO DO!". Hamz Campus. Archived from the original on 2021-10-19. Retrieved 2021-09-12.
  60. Hamis, Kiggundu (2021). Reason as the World Masterpiece. Amazon Books: Ham Enterprises. p. 138. ISBN 978-9970652006.
  61. 61.0 61.1 Kiggundu, Hamis (2021). Reason as the World Masterpiece. Amazon Books: Ham Enterprises U Ltd. pp. 128–138. ISBN 978-9970652006.
  62. Post, Entebbe (2020-06-07). "Ham Palm Villas: The Story of Success Mixed with Hard work". Entebbe Post. Retrieved 2021-09-10.
  63. 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. Archived from the original on 2021-09-28. Retrieved 2021-09-10.
  64. "Inside billionaire's Sh. 3.8 billion mega-mansion with helipad, football stadium, docks". 2023-04-06. Retrieved 2024-04-11.
  65. Osoro, William (2023-04-05). ""It's possible": Tycoon, 40, builds KSh 3.8 billion mansion on Lake Victoria". Tuko.co.ke - Kenya news. Retrieved 2024-04-11.
  66. 66.0 66.1 Asingwire, Mzee (2023-04-09). "Video: Inside Hamis Kiggundu's flashy crib". Pulse Uganda. Retrieved 2024-04-11.
  67. Osoro, William (2023-09-16). "Uproar as Ugandan tycoon with KSh 3.8b mansion pays Burna KSh 100m to perform". Tuko.co.ke - Kenya news. Retrieved 2024-04-11.

Other websites[change | change source]