Kwagalana Group is a members only group of richest businessmen and women in Uganda. Together, the group led by Godfrey Kirumira was estimated to be worth over UGX1,000 billion/USD272 million in 2009.[1] The group was started in 2002[2] by a group of rich men, but the membership has since grown to include several businessmen like Sudhir Ruparelia of Ruparelia Group Joseph Magandaazi Yiga Hamis Kiggundu[3] among several other rich Ugandans.[4][5][6]
 | |
| Company type | Business group |
|---|---|
Area served | Uganda |
Key people | Godfrey Kirumira (Chairperson) |
| Members | Sudhir Ruparelia, Joseph Magandaazi Yiga and more |
| Website | kwagalanagroup |
Philanthropy
editThe Kwagalana Group is known for its work of philanthropy by its members.[7] The members of the group have been known to contribute to the communities and the country's development through business and charity. Sudhir Ruparelia[8] in particular has a foundation[9] has benefited several children and women.[10]
During the COVID-19 Pandemic, the Kwagalana Group donated a pickup truck to the health ministry to help transport materials to different health facilities. This followed a call for donations from Yoweri Museveni[11][12] Members also made individual contributions to the same cause.[12]
Business
editMembers of Kwagalana Group own several businesses in Uganda, including hotels, Fuel Companies, Schools, Real Estate Companies mong others. These include; Kirumira's Bargary Company Limited deals in fuel, and Sudhir's hotels, apartments, schools etc. Other members of Kwagalana Group include Joseph Magandaazi Yiga the proprietor Steel and Tube Industries[13][1] Dr Sarah Nkonge, who owns several arcades in Kampala and Jinja. She was also the first woman to be appointed Kampala City Mayor.[14] Mr Ben Kavuya, the Proprietor Legacy Group[15][16] and Hamis Kiggundu the proprietor Ham Enterprises, among other members.
References
edit- ^ Baguma, Arthur (2009-03-07). "Uganda: Kampala's Rich Meet Museveni". All Africa. Retrieved 2024-10-14.
- ^ "Kwagalana Group Members Appraisal Raises Fear". ChimpReports. 2012-12-05. Retrieved 2024-10-14.
- ^ "Hamis Kiggundu expresses displeasure over felling of city trees". New Vision. Retrieved 2024-10-16.
- ^ Reporter, Our (2024-08-18). "Tycoon Sudhir, businessmen grace Speaker Among Bukedea sports facility launch". Eagle Online. Retrieved 2024-10-14.
- ^ Cappiello, Emily. "Sudhir Ruparelia". Forbes. Retrieved 2024-10-14.
- ^ Ssegawa, Mike (2021-06-16). "What Gen Katumba Wamala told 'Billionaires' Club' Kwagalana who paid him visit at his palatial Najjera home". Watchdog Uganda. Retrieved 2024-10-16.
- ^ "Kwagalana Group". Kwagalana Group.
- ^ "uganda's wealthiest man talks philanthropy". CivSource-Africa.
- ^ "About Us".
- ^ "Hundreds of Orphans reap big from Ruparelia Foundation's End Of Year donation drive". Eagle Online. 2022-01-06. Retrieved 2024-10-14.
- ^ "Kwagalana Group donates pick-up in fight against COVID-19". New Vision. Retrieved 2024-10-14.
- ^ a b Uganda, TheSpy (2020-05-20). "Kwagalana Group Donates Brand New 4x4 Truck To COVID-19 Task Force - TheSpy". Retrieved 2024-10-14.
- ^ Kyamutetera, Muhereza (2023-01-21). "MAN OF STEEL: How Steel & Tube Industries' Joseph Yiga hot-rolled himself from an ordinary hardware retailer to a UGX427.2 bn a year steel magnate". CEO East Africa. Retrieved 2024-10-14.
- ^ Nantaba, Agnes (2017-09-06). "PROFILE: Sarah Nkonge has formula for success". The Independent Uganda. Retrieved 2024-10-14.
- ^ "About us". Legacy Group. Retrieved 2024-10-14.
- ^ "Uganda Gov't to acquire shares in businessman, Ben Kavuya's USD12.7 mn medical glove-making firm". CEO East Africa. 2023-10-30. Retrieved 2024-10-14.