Hamis Kiggundu

Hamis Kiggundu

HAMIS KIGGUNDU, C.E.O of HAM GROUP

Born	February 10, 1984 (age 36) Bukerere, Kalungu, Uganda
Nationality	Ugandan
Education	Kabojja International School, Munyonyo
Alma mater	School of Law, Makerere University, Kampala (Bachelor of Laws)
Occupation	Businessman, Entrepreneur, Investor, Lawyer
Years active	2003 — Present
Net Worth	$520 Million(Dec 2019 Estimate)-Assets, Income & Taxes

Hamis Kiggunducommonly known as Ham (born on February 10, 1984) is a Ugandan businessman, investor, real estate and property developer, country loyalist and philanthropist.

Ham is the Chief Executive Officer (CEO), and majority shareholder in Ham Group of Companies a general conglomerate in Uganda.

Background

He is born to a peasant illiterate farmer from Kalungu called Hajj Haruna Ssegawa. Ssegawa used to sell fish on a bicycle, started a small retail shop in Kalungu and later moved to Masaka town. After struggling a lot his elder sister (passed on) connected him to investors in Dubai who would give him merchandise on credit and successfully sold them to get his own capital and established himself in Kampala. He built his first building called Sena Arcade in Kikubo, started Ssuubi FM, Hannah mixed School Secondary School, sells women handbags on Mukwano Arcade and owns cash cash jelly/Vaseline among other businesses.

Kiggundu is one of the Country's best-known entrepreneurs who also runs businesses in the international community and leading revolutionist of life's importance, development and style in Uganda. He passionately talks about success but in a way curses failure by human beings.

He has recently partnered with the government of Uganda to redevelop and modernize Nakivubo Stadium

Kiggundu announced his entrepreneur arrival in 2010 establishing his first venture-Ham Towers and Ham shopping mall at Makerere. Ever since he became public as a business personality, Kiggundu has held himself tight as one of the few Ugandans on the top spot on the list of the country's rich list.

Currently (March 2020) he is very popular in Ugandan media for his court battle with Diamond Trust Bank which he dragged to court for allegedly defrauding him over 30 million dollars off his accounts in a spread period of 10 years.

Family and Personal Life

He is the son of Mr. and Mrs. Haruna Segawa. His father Segawa was a very silent successful businessman, and his mother a peasant and house wife.

Kiggundu is one of the Country's best-known entrepreneurs. Ham also runs businesses in the international community and leading revolutionist of life's importance, development and style in Uganda. He passionately talks about success but in a way curses failure by human beings.

Kiggundu is apparently a successful and prominent businessman with his Ham Group of Companies currently operating in Uganda, United Kingdom (Manchester), United States (California and Dallas) and South Africa (Skylight Investments Ltd).

Born and raised in Uganda, Ham's investments are mainly in real Estates, Manufacturing and Agro-Processing, Education, Logistics, public transportation, Hospitality and General Merchandise.

He has a very swanky home talked about as the most beautiful and expensive in Uganda by different media housesand bloggers

Hamis also has a 2Km road named after him by Kampala Capital City Authority after he tarmacked it, It connects his home located on lake Victoria shores to Bunga trading center, in Kampala Central region.

Early life

Born on February 10, 1984 in Kalungu Masaka District in the Central Region of Uganda, Hamis is the third born in a conventional family of six children.

At 17 in early 2000 his father Hajji Segawa gave Kiggundu capital and introduced him to the garments business while studying. Ham owned his first large shop in 2006 at Qualicel shopping center dealing in women modern clothes importing and selling not only to Ugandans but also retailers in neighboring East African countries.

Through hard work as a young enterprising man, Kiggundu kept his savings from the garments business and started importing furniture, bags and other apparel mostly from Asian countries selling them on wholesale and retail throughout East Africa and Congo.

He later started buying and selling land at a profit and built Ham Towers in Makerere, Kampala with aid of a loan facility from Diamond Trust Bank pledging his father's building as security.

Disappointed by the level of importation in Uganda, Kiggundu apprehended how it would be useful to start-up Agro processing industries that would add value to local produce, create jobs and lessen on importation.

Kiggundu articulates that adding value to local agriculture produce will increase the local revenue base that would in turn help country developments socially and economically.

Education

Kiggundu attended his elementary education in Masaka and later joined Kabojja International School in Kampala District for his high school education.

He then joined Makerere University pursuing Law at the country’s (Uganda) oldest and well-heeled University. At Makerere School of Law, Kiggundu graduated with a Bachelors of Law. He joined the Law Development Center where he graduated with a Diploma and attained a Diploma in Legal Practice.

Enterprising as he is, Kiggundu has never practiced law as his profession; rather he has kept himself in business doing real estate and property development, agro-processing, Manufacturing and general merchandise.

Nakivubo Stadium Re-development

In 2015 President Museveni offered Nakivubo stadium to Kiggundu to re-develop and upgrade Nakivubo War Memorial Stadium, into a modern sports facility a project which is currently on going with ROKO Construction as the Lead Contractor since then.

Book writing

Kiggundu solely wrote and published Success and Failure Based on Reason and Reality in 2018 Which was nominated and won book of the year award. It summarizes the implications of the personal success journey giving a life's success revolution and describes a future profoundly changed by the arrival of men and women, like minded as Hamis.

In his book, Kiggundu tackles a lot but emphasizes on risk taking in life, responsibility, focus and vision, patience, plan and strategy, responsible parenting and children, and reason and reality as a global evidence for superhighway success for both individual and national levels.

His book further discusses how business and life are integrated, and shows how success and failure are all human choice's facts.

Kiggundu points out in his book that someone chooses either to succeed or fail depending on their personal edge on the competition and reasoning capacity.

It was also adopted by the Uganda Ministry of Education through the National Curriculum Development Center (NCDC) and recommended for use in secondary schools.

Taxes and revenue insight

He is a proponent of revenue and taxes, and has written widely on how an able population in terms of paying taxes is an engine for development particularly for the rich. Kiggundu notes that any developing country should further develop if her citizens pay taxes promptly.

“Everyone owes his country an obligation to work hard, create income, and pay taxes. A tax is an obligation every citizen owes his country if indeed such citizen wants to see their country develop” Kiggundu quoted in his book success and failure based on reason and reality.

Court Battle

In February 2020, Kiggundu dragged Africa's Diamond Trust Bank to court for allegedly defrauding over 30 Million United States dollars (Ush29.035B and $22.93M) from his shillings and dollar accounts under what he called unclear debits from his bank accounts over a spread period of 10 years.

In two separate letters to the bank, Kiggundu, who had been accessing loan facilities from DTB for over 10 years, issued a notice to the bank terminating his relationship and withdrawing the mortgage instruments.

In another letter dated January 10, 2020, he demanded that the bank hands over his land titles within five days and warned of legal action if the bank failed to do as asked. Subsequently, on January 10 this year, Kiggundu, through his companies, Ham Enterprises Limited and Kiggs International (U) Limited, dragged Diamond Trust Bank Uganda and Diamond Trust Bank Kenya to the Commercial Division of the High Court seeking an order of recovery and return of all the monies “unlawfully, unjustly and unfairly debited or recovered” from his company accounts.

He also sought court injunctive orders “restraining the defendants and their representatives, nominees or assignees from attaching, selling, transferring and/or interfering with the plaintiff’s legal interests and physical possession of the suit properties, on account of any alleged debt and or accrued interest.”

Other reasons for the application include a declaration that the defendants (DTB UG and DTB Kenya) “jointly and severally acted in breach of contractual, fiduciary and statutory duties during the subsistence of bank-customer and contractual relationship” with his company.

The case is currently ongoing in court, under hearing as of June 2020.

Religious views

Kiggundu is a Moslem whose religious views continue developing. As an adult, Kiggundu believes in Allah (God), and does not do anything without putting the almighty first.

He was born and raised in a Moslem family and has grown knowing divine existence as a fact.

In his book, success and failure based on reason and reality, Kiggundu concluded that "man shall feed off his sweat." confirming God's pronouncements of hard work on man after the Garden of Eden

He described his quote by noting that success never comes cheaply even Quran says. Kiggundu is attached to religion in many ways than one and he is the spiritually awakened wealthy person the country-Uganda has ever known.

Philanthropy

Kiggundu has over the years helped different people including the Less privileged and disadvantaged, Disaster stricken, orphanages and students in schools among others, providing aid, relief and championing positive change in different communities across Uganda on personal level.

In 2019 he established Ham Foundation, a charity organization based in Kampala with a vision to Improve lives and create a positive and transformative change in the communities, on a strong belief that we as Ugandans can achieve a lot when we work together.

Hamis says that being rich as an individual when most of the nationals are very poor and suffering doesn't bring him any happiness hence it is his obligation to support and help others in his motherland thus his foundation aims at having improved livelihoods in society, with direct funding from Him. Through his foundation, he focuses on areas like health care, education, sports, wildlife and environment conservation, disaster relief and general welfare.

In March 2020, Hamis Kiggundu through his Ham Foundation started a Mass Countrywide donation of Bicycles, Qurans and Prayer Mats project.

In April 2020 Kiggundu through his Ham Foundation donated food relief to Uganda's COVID-19 Task force at the Office of the Prime Minister to help in feeding the vulnerable Ugandans affected by the pandemic.

Kiggundu also donated food supplies to over 100 Ugandan Journalists, affected by the Coronavirus Pandemic through the Uganda Journalists Association

Awards

In 2018 Kiggundu was given an award as an acknowledgement for his book titled Success and Failure Based on Reason and Reality that emerged the best book of the year in the category of Business Motivation at the event held by Book forum of Uganda in Kampala.

See also

• List of wealthiest people in Uganda

External Links

Tycoon Ham drags DTB to court over sh100b Fraud

Impunity in Banking Sector Must Stop, Tycoon Ham Warns As He Drags DTB to Court Over Shs 100b

President Museveni meets young tycoon Hamis Kiggundu of Ham Towers

M7 Directs Ham Enterprises To Re-Develop Nakivubo Stadium

First Lady makes maiden visit to check on the progress of Nakivubo stadium

Bobi Wine marvels at young tycoon Hamis Kiggundu’s crib

Ham Enterprises takes on DTB in fraud accusations fallout

Ham Kiggundu: “I have made money genuinely”

Ugandans want to see me fail – Hamis Kiggundu responds to debt rumours

Real Estate and Agro-processing in Uganda: An Interview with Hamis Kiggundu of Ham Enterprises

Ugandans poor because they envy the rich - Hamis Kiggundu

Akatabo k'omugagga Ham kateereddwa ku sirabaasi

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