The only way to pull Africa out of poverty to prosperity is for us Africans to accept it as our responsibility and obligation. Kiggundus hard work is certainly paying off. [32] Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. In addition to Sudhir Ruparelia , Ham is also rated as one of the wealthiest Ugandans with an estimated net worth of $870M as of March 2021 by Forbes. The Ham Group stands as a benchmark for new traders as well as a symbol of business excellence and innovation. Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. 11 Which tribe is the poorest in Uganda? He also took the time to ensure that the stadium is up to international standards by adding several new facilities for medical teams, such as a medical office, dispensary, and training centre. Hamis Kiggundu, also known as Ham, is an extraordinary example of success and resilience. Kiggundus book was nominated the best book of the year at an event arranged by the Book Forum of Uganda in Kampala. Early Life and Education Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. Homepage. The outspoken young tycoon is said to be collecting not less than USD1 million a month. I can easily sell them gradually once I need financing. In February 2020, Kiggundu sued Africa's Diamond Trust Bank for allegedly defrauding him for over US$30 million (UShs 34.29 billion and US$23.4 million) under what he called "unclear debits" from his bank accounts over a spread period of ten years. By profession, I am a lawyer, but today Im more of a businessman than a lawyer. What are some of your top people management tips for first-time managers? Kiggundu is an example of the bright, talented and hardworking individuals who put their minds to the task and succeed regardless of their origins. Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. Ham Enterprises also has a property portfolio in the United States and UK. [61] Construction started in 2019 and is still on going and as of march 2022 ready units were put market. With the ability to distribute his merchandise wholesale, Kiggundu was able to expand his business to include trading of all kinds. In April 2020, Ugandas COVID-19 task force was the recipient of an incredible donation from Hamis Kiggundu, who provided food relief supplies to help the nation fight the pandemic. The president wanted to see a modern sports facility of the times. Money is only one of the tools of survival. During the period I was to attend high school, my family relocated to Kampala, the capital of Uganda, and from there, I went to Kabojja Secondary School. By BigEyeUg Team. In addition to calling on other wealthy Ugandans and corporate entities to join him in saving lives, Kiggundu also emphasised the importance of giving back to the Ugandan community during these difficult times. He has made large investments as a business mogul and investor in Uganda in industries like manufacturing, transportation, and real estate. Net worth: US$ 520,000,000 (Dec 2019 Estimate)-Assets, Income & Taxes: Parent(s) . Wanna follow Hamis Kiggundu's net worth? His story of overcoming hardship and achieving success, as well as his dedication to staying true to his faith and values, messages a positive tone of fulfilment and realisation of Ugandas potential. Christine Nabukeera is known among the rich circles as Senga Nabukeera. However, this kind of funding is currently not available in Uganda. He used to assist his father in business transactions during school holidays and this grew his confidence and experience in the business sector. The road to wealth for Kiggundu is quite an interesting one. It was nominated and consequently won an award of Business Motivational Book of the year from The National Book Forum of Uganda. All developments, past, present, and future, discoveries to come, were, are and will always be a direct reflection of the reasoning capacity of the people of such a given time frame. The project, costing millions of dollars, is funded by Kiggundus company. The world's premier source of news on Africa's billionaires and UHNWIs. Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? He is also estimated to have an annual income of 100 million US Dollars by 2021 which is his highest annual earning. He also added several new stands and a modern scoreboard. Kiggundu began small locally dealing in merchandise from first-hand importers abroad, and selling them at a profit. [32] DTB Bank later appealed the decision in the High Court and were issued an injunction halting payment of the monies. After building an empire of real estate projects and having a company with numerous projects, Hamid Kiggundus success story is one that entrepreneurs and business leaders look to for an example and motivation. 4million) over the course of 10 years. Succesful Legal Battles In February 2020, Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. Hamis Kiggundu is one of the wealthiest people in Uganda as of 2023 and is supposed to have an estimated net worth of $1 billion. [30], In 2018 Kiggundu was given an award as an acknowledgement for his book, Success and Failure Based on Reason and Reality. The road to wealth for Kiggundu is quite an interesting one. Top Best 10 Richest Musicians in Uganda. While his decision to provide cash donations was controversial, Kiggundus intent was to provide a lifeline to those journalists who had been struggling during the pandemic. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. I equally own Hamz Link Ltd, a multimedia platform company based in Edmonton Canada. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. The Ham Group has been an important part of the Ugandan economy for years and its presence abroad is testament to its business acumen. In July 2021, Kiggundu donated to the Uganda Government a total of Shs 530 Million to help in the purchase ofCOVID-19 vaccinedoses for Ugandans and additionally called upon other able Ugandans and corporate entities to join him in saving lives as a way of giving back to the Ugandan Community. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. [12], He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education,[13][14][11] and later graduated from Makerere University with a Bachelors of Laws. There are very narrow chances of small businesses succeeding and enjoying long-term sustainability with these kinds of rates. Kiggundu further underlined his commitment to helping the Ugandan people in July 2021, when he donated USh 530 million to the Government of Uganda to help in the purchase of COVID-19 vaccine doses. The White House is a reflection of the White House in the US. Besides, it is worth noting that other business tycoons and entrepreneurs are also working tirelessly to take their businesses to greater heights and make more wealth. The companys aim is to continue to serve its customers and communities while promoting national development. Kiggundu is the CEO of the Ham Group of Companies, and the author of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece. At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. Sudhir has maintained his Forbes net worth of USD 1.2 billion. I imported clothes and commodities from China, Thailand, Hong Kong, and Dubai, and distributed them wholesale both in Uganda and in neighboring countries, like Kenya, Tanzania, Burundi, Congo and Sudan. It is clear that the success that Kiggundu has achieved is due to a combination of determination, creativity, hard work and ambition. Muwonge could be valued at USD 1.8 billion. As I accumulated more capital, I 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. As their businesses thrive, their net wealth will continue to increase. Language links are at the top of the page across from the title. What are some of the flagship properties you own there, and what prompted you to look to the west for your companys growth? With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. His net worth was about $1.2 billion as of 2019. Managers must have emotional intelligence and stamina. The company's market capitalization has surged by $42 million since the news of the acquisition broke on April 12. [19], In June 2017, construction works kick-started and the stadium took shape. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. Later, I attended Makerere University and graduated with a bachelor of laws. This remarkable achievement has seen the firm expand from a small garment trading enterprise to a giant industrial group in Uganda with many divisions. charlie mcneil man utd stats; richest farmers in uganda richest farmers in uganda Employees of the Ham Group number more than 7,000 and the firm has a decent presence on the market due to its size. So, Ham Towers was the first building in our portfolio and our flagship property. [8], 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. [11], He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education,[12][13][10] and later graduated from Makerere University with a Bachelors of Laws. School of Law, Makerere University, Kampala (Bachelor of Laws), Businessman, entrepreneur, investor, lawyer, Investments, Business, Need for Banking Reforms in Uganda, Success and Failure Based on Reason and Reality, Opinion on Africa's Problems and Solutions based on Reason and Reality, New App to inspire Ugandan youths, boost tourism, Real Estate and Agro-processing in Uganda: An Interview with Hamis Kiggundu of Ham Enterprises, "Ham Kiggundu: "I have made money genuinely, "Ham Kiggundu; Uganda's youngest self made billionaire attributes his wealth to loans well-used", "Tycoon Ham drags DTB to court over sh100b", "Ham hosts Muslims ahead of Eid feast Sqoop Get Uganda entertainment news, celebrity gossip, videos and photos", "Big Hearted: Tycoon Hamis Donates over Shs100m To Ministry of Health in the fight Against Corona virus", "Ham Enterprises Limited: Hamis Kiggundu", "Siblings who own a piece of Kampala City", "Hamis Kiggundu: Biography, Family, Wife and Net Worth", "Meet Hamis Kiggundu, the 37-year-old entrepreneur who built a property empire in Uganda", "Islam Is Peaceful, Beautiful, Pure and Absolute. The highest achievement of a Lifetime", "10 Things You Didn't know about Ham Hamis Kiggundu", "The Untold Story Of Uganda's Youngest Billionaire Hamis Kiggundu And", "M7 Directs Ham Enterprises To Re-Develop Nakivubo Stadium", "How Hamis waved Museveni's order to take over Nakivubo land", "First Lady's visit an endorsement of Nakivubo work, says", "Hamis Kiggundu's Book Wins Business Book Of The Year! It was exciting. Kiggundus story is one of hard work, determination and sheer ambition. Mesach Semakula - $560,000. Today, the Ham Group stands as a diversified conglomerate in logistics, transportation, energy, trading and various manufacturing enterprises. News on our desk shows that the tycoon who was born in a family of 6 and . [54], Kiggundu made the administration block for his Agro processing industries an exact replica of the US President's Office which he named The White House Uganda as an illustration of possibilities in his bid to attract future tourists, both local and international to boost Uganda's tourism industry and pioneer national growth and prosperity as well as encouraging fellow Africans to transform their motherland into a dreamland. He established a youth training centre on-site to provide young people with a place to honour and improve their athletic talents. Located just opposite Makerere University, it is an A-class shopping, accommodation and leisure center with offices, restaurants, supermarkets and a serviced apartment. The Ham Group, a global trading enterprise and one of the leading logistics and real estate companies in the East African Community, was started in 2005 by young entrepreneur, Francis Kiggundu. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. The firms exports operations are also noteworthy, with Ham International Express Logistics providing an efficient delivery service across Africa and Europe. Africans should not chase their dreams out there, but rather put in an effort and struggle to implement their desires in Africa. Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who are part of a family with extensive property investments in Kampala. [8][9][10], Kiggundu was born and raised in a Muslim family. In life, we all desire to have a good life and to become successful men and women. Kiggundu began construction on the Nakivubo Stadium with a team of local workers and the help of a few international firms. In addition toSudhir Ruparelia,Ham is also rated as one of the wealthiest Ugandanswith an estimated net worth of $870M as of March 2021 by Forbes. The success of the trading venture allowed Kiggundu to invest in the real estate sector, buying and selling land and properties. 132 ratings17 reviews. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Kiggundu is the CEO of the Ham Group of Companies, and the author of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece. He became a distributor of commodities in Uganda, Sudan, DRC, Tanzania and Kenya. This gave me the opportunity to test the entrepreneurial waters. 13 Is Uganda poor or rich? The 31-year-old billionaire who owns Ham Towers opposite Makerere University main gate and now has a mega home at the shores of Lake Victoria started making money after his years at University. ", https://www.spyuganda.com/not-even-covid-19-can-stop-education-businessman-hamis-kiggundu-launches-online-university/, "Tycoon Kiggundu dives into social media business with Hamz app", https://thecapitaltimes.co.ug/2021/10/25/city-businessman-hamis-kiggundu-launches-hamz-campus/, https://realmuloodi.co.ug/exclusive-estates-part-2-ham-palm-villas/, https://www.watchdoguganda.com/business/20220608/137748/ham-palm-villas-inside-the-finished-and-virtual-corporate-smart-homes-for-sale-to-high-class-buyers-photos.html, https://dailyexpress.co.ug/2022/06/08/tycoon-kiggundu-opens-market-for-newly-furnished-ict-corporate-smart-homes-at-ham-palm-villas/, "Pictorial: Tycoon Hamis Kiggundu's Residence Very safe and not Flooded as alleged", https://en.everybodywiki.com/index.php?title=Hamis_Kiggundu&oldid=3209756, Businesspeople in the hospitality industry, Pages with citations using unsupported parameters, Pages using infobox person with unknown parameters. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. If the Americans have something so grand over there, we too can have it here. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. It will house the headquarters for all his companies. I, therefore, invested in research, and divided Uganda into 10 agro-zones depending on the different agro-products coming from all different parts of Uganda. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. The stadium project equally makes business sense because it is surrounded by a number of commercial premises such as shops and restaurants which will bring income for us. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. [8], Kiggundu was born in 1984 in Masaka District in the Central Region of Uganda. In April 2021, Forbes Magazine Valued his net worth at US$870 million. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. He has actively pursued a number of social and economic development initiatives in Uganda through his charity foundation the Karibu Foundation. [16], In 2015, President Museveni directed Kiggundu to redevelop and upgrade Nakivubo Stadium into a modern state of the art sports facility with larger capacity. But it was really Kiggundus move into the banking sector that sealed his fortune. On top of that Sudhir has not stopped his support for charitable works and other social causes. Businessman, entrepreneur, investor, lawyer, This page was last edited on 18 April 2023, at 08:40. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. All in all, Kiggundu ended up putting in twice as much effort as he initially anticipated, but the results were worth it. He also wanted to ensure that the stadium was able to handle the needs of multiple sports, so he decided to lay several courts and tracks on the main field. That is why they foreclose immediately as soon as you make a default on your payments. 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. Hamis Kiggundu has a net worth of over 980 million US dollars which are accounted by his company Ham Group in which he owns over 90 % of the company. As my margins grew, I began to source directly from international markets and became a firsthand importer myself. What motivates your philanthropy, and what are some of the other charitable projects dearest to your heart? After attending local schools in Masaka, Ham joined Kabojja International School in Kampala District for his high school education. Kiggundus generosity did not go without criticism, however, as the Ugandan journalists were also given cash handouts for the relief packages. In conclusion, Hamis Kiggundu is to be commended for his tireless efforts in donating food relief and money to help Ugandas COVID-19 task force and journalists. Hamis has invested in real estate, agro-processing, education, and technology among others. Throughout the course of the project, Kiggundu managed to add a new athletics track, basketball court, and seven artificial turf pitches. A Subsidiary of Daily Express Media Ltd. Police confirm arrest of Minister Nandutu over iron sheets scandal, Lawyer Kashillingi named Vice President of International Lawyers Network, Corruption & Deception: The Lifestyle of Ugandans, Minister Nandutu surrenders to police, held at Kibuli, EC seeks shs80bn to organize LC, Women Council elections, Lugoloobi faces 7 years in jail over Karamoja Iron Sheets, Pastor claims to be father of 17 children rescued from suspected trafficker, Mukula decries corruption in aviation industry, Museveni was set for Khartoum visit on coup day Sudan Media reports, Ismaili Community donates hundreds of relief items to needy in Ramadan Charity drive. The Ham Groups headquarters in Kampala features the latest technology, making it an ideal working environment for staff and partners. I was born to Mr. Segawa Haruna and Mrs. Nakayiza Jalia on Feb. 10, 1984, and was raised in the small village of Kalungu, Uganda, which is in East Africa. You are building some ambitious real estate projects like the Ham Palms Villas, where you are building 500 gated luxury homes set on 200 acres; the stadium which you are practically rebuilding, and other projects like the replica of the White House. It was during my middle-school holidays in 2005 that my parents gave me some capital to start a business. His willingness to donate to the government for the purchase of vaccine doses and to call on other wealthy Ugandans to get involved has demonstrated a profound sense of commitment to the community, and proves the power of generosity in no small way. Hamis Kiggundu is estimated to have an annual income of 100 million US Dollars in 2021 which his highest annual earning. [27] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association. The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundus properties and all corporate and personal guarantees issued by Kiggundu. At the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. In this new Ugandas new list of the wealthiest, a lot has changed tremendously with big names such as Patrick Bitature, and Charles Mbire, among others, dropping off the top 10 as previously reported. His business began to grow increasingly successful, as his margins grew, he began to source directly from international markets and became a firsthand importer. Sudhir got a setback with Bank of Uganda grabbed his Crane bank from him and later Covid19 affected his massive investments in the hospitality, education, and flower sectors. Kiggundu has secured his name as a revered international business leader and made its mark in the transforming of the economies of the East African Community. Any words for young entrepreneurs who desire to achieve the level of success that you have? Karim Hirji USD 800m [25], In October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totalling to USh34.29billion and US$23.4million,[26][27] with an additional 8% interest for legal costs. After all, the stadium had not been touched since the 1960s, and it was showing its age. Looking at the mistakes I had made in my first project, I was able to move a bit faster because I knew what to expect when it came to the space of commercial real estate. I own a commercial property in the UK situated at 375 Moston Ln, Manchester M40 9NB, trading as Ham International UK Ltd. Success and Failure Based on Reason and Reality, Mauritian banker Pierre Guy Noel to pocket $291,520 in final dividend from MCB Group, Arnaud Dalais-led CIEL Limited posts $10.45-million full-year profit, as earnings rebound, Ugandas richest man demands $8.66 million rent arrears from dfcu, How Jay-Z made his money: Four deals that propelled his net worth to $2.5 billion, Transcorps market cap up by $55 million following Femi Otedolas acquisition, Aliko Dangote hits $20-billion net worth, joining elite ranks of worlds billionaires, James Mwangis Equity Group invests $76.7 million in Congo unit. [19] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association,[20] but was also criticized for providing cash handouts to journalists. Ham himself has a net worth of over 980 million US dollars which is accounted for by his company Ham Group which owns around 90 per cent of the company. At just 37, with a forbes net worth of $870 million; Kiggindu famously known as Ham in his home country, owns a number of . It is also worth noting that we produce between 2000-3000 cables per day," he said. Website. There are many positives to be taken away from his story, and hopefully it will be an inspiration for others to learn from and achieve something similar. Hamis Kiggundu (born February 10, 1984), commonly known as Ham, [1] [2] [3] [4] is a Ugandan businessman, investor, real estate and property developer, philanthropist, [5] author and lawyer. I had some challenges like any other entrepreneur, but as a personal principle, I choose not to reflect on the past challenges. Kiggundus road to success began when, in 2004, he established the Ham Group of Companies, which is now considered one of the most renowned business conglomerates in Uganda. Hamis Kiggundu is a true success story, having risen from humble beginnings to become one of the wealthiest individuals in Uganda and the world. The victims all stated that as they were enduring the inhuman treatment in the During his tenure as PS/ST, Muhakanizi was always opposed to high borrowing rates and Four other officials including Minister Agnes Nandutu (Karamoja) who went into hiding since Friday Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news. Later, after school, his father gave him startup capital to begin his business venture. In August 2020, Kiggundu petitioned the court after 85 billion Shillings and 34 billion Shillings were illegally deducted by DTB Uganda and DTB Kenya from two accounts of his . On its grand opening, the Nakivubo Stadium was filled with the shouts of excited fans. Number of employees. [39][40], Kiggundu through his lawyers objected his land tittles' cancellation thereby appealing in court against the commissioner's decision citing subversion of the due process of law by hijacking the public hearing, among others[41]. Ugandan business magnate, Internet entrepreneur, philanthropist, and author Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. [17] [18], In February 2017, Kiggundu smashed the timeworn structures and fenced off the entire stadium area to prepare for fresh construction works to commence. Before he knew it, he was selling steel, sugar and maize in addition to his hardware, and then as a commercial farmer with hundreds of acres of sugar and maize. 12 Who is the richest in Uganda 2021? Hamis Kiggundu is an inspirational figure that represents the best of what Uganda has to offer. Copyright 2023 Daily Express Uganda. [28] 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 project is like a bank; it secures capital for future investment while providing service to my community or society at the same time. With the lessons he learned from his first projects, Kiggundu was able to move on to bigger projects and further success in the real estate industry. Unlike billionaires such as Sudhir Ruparelia who spends a lot on social causes in his charity and corporate social responsibility activities, Mr. Muwonge collects a lot of money from his many commercial buildings in Kampalas central business district and focuses on building. Sudhir Ruparelia, Ugandas richest man with a $1.1 billion net worth in 2012, is the chairman and founder of The Ruparelia Group, Despite his remarkable career as one of the greatest rappers of all time, Jay-Z amassed his $2.5 billion fortune from his diverse investments. As my trading business thrived, I opted to venture into a more sophisticated business and real estate was a natural fit for me. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. All Rights Reserved. In February 2020,Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. What was it like building your first commercial property in Kampala, Ham Towers? In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. Hamis Kiggundu recently spoke to Billionaires.Africas Editor-In-Chief Mfonobong Nsehe about his journey and his plans. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. He is worth USD1 billion. . Kiggundus donations have made a huge difference in helping to protect and aid Uganda citizens both during the COVID-19 pandemic and beyond, and for that he deserves immense praise. Ham Enterprises is certainly the most visible division with its wide array of commercial properties evident throughout Kampalas Central Business District. The Forbes list of the wealthiest Ugandans includes Ham in addition to Sudhir Ruparelia, with an estimated net worth of $870 million as of August 2022. Why did you choose to trade in those specific items at the time? Thereafter, he ventured into real estate, Transportation, technology, and the industrial sector which necessitated his rise to financial influence. Hamis Kiggundu has handled various projects including Nakivubo Stadium redevelopment and upgrade, renamed Nakivubo Memorial Stadium and expands sitting capacity from 30,000 to 35000. With the combined rental income from these two properties, Kiggundu was able to secure more financing from banks for other projects. Two decades ago, his father provided him with capital to start a trading business. Hamis Kiggundu commonly known as Ham,[2][3][4][5] born February 10, 1984 in Masaka, is a Ugandan based international businessman, investor, real estate and property developer, philanthropist,[6] author and lawyer. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur.