Haruna Enterprises
 Haruna Mall Ntinda.jpg | |
 Haruna Mall, Housing the Company Headquarters based in Ntinda | |
| Private Conglomerate | |
| ISIN | 🆔80010003602437 140587 |
| Industry | Investments |
| Founded 📆 | 2011 |
| Founder 👔 | Haruna Sentongo |
| Headquarters 🏙️ | Ntinda, Kampala, Uganda, Uganda |
Area served 🗺️ | Uganda |
| Products 📟 | Real Estate, Manufacturing, Shops, Cinemas, Gyms, Consumer Goods, Beverages |
| Revenue🤑 | $16 Million |
| Members | |
Number of employees | Over 750 |
| 🌐 Website | Homepage |
| 📇 Address | 0°21'16.2"N 32°36'43.2"E |
| 📞 telephone | +256779526259 |
| harunaenterprisesug/ | |
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Haruna Enterprises U Ltd, commonly referred to as the Haruna Enterprises, is a privately owned conglomerate in Uganda founded by Haruna Sentongo. The multi industrial company directly employs in excess of 750 people and generates gross revenue in excess of
Haruna Sentongo, one of the wealthiest people in Ugandan, is a majority shareholder in each of the company Subsidiaries.[1]
Overview[edit]
As of August 2021, Haruna Enterprises is mainly involved in real estate development, management, Slum transformation, manufacturing, Entertainment and Leisure, Health & Fitness and General Merchandise.
History[edit]
As a young man in Kampala, Haruna Sentongo successfully established a number of small businesses starting the year 2003 before Incorporating Haruna Enterprises in 2011.[2]
His Conglomerate started in 2003 as a trading enterprise in Kampala, importing ladies bags from China. It later started trading in home and office furniture sales in 2005 through Haruna Furniture before engaging in the business of garments in 2007. Haruna could import mostly ladies’ garments form Malaysia Thailand and china and wholesale them in Uganda and neighboring countries through Haruna Garments.[3]
Sentongo could pay much money in terms of rent for stores which irritated him. He resultantly decided to build his own stores with an aim of saving rent income and started buying low cost plots in slums suburbs of Kampala City given the fact that land was extremely cheap and no one cared about such areas.[1]
Incorporating Haruna Enterprises U Ltd
In 2011, Haruna incorporated Haruna Enterprises through which he started construction of Haruna Towers at Wandegeya Kubili, [4]with increased capital inflow; he built more malls until he concentrated in the area of Kisenyi to-date where he has since transformed the suburb from a congested disorganized crime Centre into a modern shopping area for Kampala City. Haruna has established a variety of organized large markets that are used as central wholesale reference centers for Agro-produce and Spare Parts in Kampala; occupying large acres of land.[5]
Manufacturing
The company subsequently moved into soft beverage processing and manufacturing, growing rapidly and diversifying into manufacturing a variety of beauty and personal care products, confectionaries and a range of other house hold consumer goods through a number of factories that are all managed under view Investments U Ltd.
A high degree of vertical integration is a hallmark of Haruna’s serving policy.
Haruna Enterprises now owns 20 commercial properties and apartments around Kampala city and operates over 8 subsidiaries, operating Uganda. Haruna Enterprises is headquartered in Kampala..[2][6]
Subsidiary companies[edit]
As of August 2021, the companies of the Haruna Enterprises included but were not limited to the following:[3][1]
Tabulated List of Subsidiaries [7]
| Subsidiary | Base Location | Sector |
|---|---|---|
| Haruna Garments | Down Town Kampala | Garments |
| Haruna Furniture | Down Town Kampala | Home and Business support |
| NM Apartments | Kisenyi | Accommodation/Hospitality |
| Haruna Properties[8] | Ntinda Kampala | Property development |
| View Investments | Nsangi | Consumer goods |
| Cash Beauty Prooducts | Nsangi | Consumer goods |
| Roxy Beauty Products | Nsangi | Consumer goods |
| Han Cinemas | Ntinda | Entertainment and Leisure |
| Han Fitness Centers | Kampala | Health and Fitness |
See also[edit]
- List of conglomerates in Uganda
- List of conglomerates in Africa
- Kampala Capital City Authority
- List of wealthiest people in Uganda
References[edit]
- ↑ 1.0 1.1 1.2 1.3 Mfonobong Nsehe (11 August 2021). "Meet Haruna Sentongo, Uganda's 34-year-old slumlord millionaire". Billionaires.africa. Nigeria. Retrieved 21 August 2021.
- ↑ 2.0 2.1 2.2 Mbabazi, Hannington (12 February 2018). "Young, Successful and Ugandan: Sentongo Haruna, C.E.O of Haruna Enterprises' Journey". Daily Express Uganda. Retrieved 21 August 2021. External link in
|publisher=(help) - ↑ 3.0 3.1 Hannington, Mbabazi (22 August 2019). "Meet Sentongo Haruna, The Ugandan Slum Youth Who Earns $26 Million A Year In Rent and Factory Sales". The Capital Times Uganda. Retrieved 21 August 2021.
- ↑ https://www.newvision.co.ug/news/1529707/landlord-haruna-sentongo-cancels-tenants-months-rent-arrears
- ↑ https://observer.ug/businessnews/65928-rent-haruna-towers-landlord-leads-drive-to-exempt-tenants
- ↑ Lukwago J (31 July 2020). "How Haruna Sentongo Used Shs300k To Become Real Estate Multi-Billionaire". Kampala: Newslex Point. Retrieved 21 August 2021.
- ↑ "Our Businesses – Haruna Enterprises Limited". Retrieved 2021-08-21.
- ↑ "Haruna Properties". Retrieved 2021-08-21.
External links[edit]
- Haruna Enterprises Homepage
- Meet Sentongo Haruna, The Ugandan Slum Youth Who Earns $16 Million A Year In Rent and Factory Sales
