Haruna Sentongo
| Mr Haruna Sentongo | |
|---|---|
Haruna Sentongo in Kampala, December 2020 | |
| Born | Sentongo Segawa Haruna November 30, 1987 Kalungu, Uganda |
| 🏳️ Nationality | Ugandan |
| Other names | Haruna Towers |
| 🏳️ Citizenship | Uganda |
| 🎓 Alma mater | East High School, Ntinda High School Diploma Makerere University Bachelor of Business Administration |
| 💼 Occupation | |
| 📆 Years active | 2003 — Present |
| 👔 Employer | Haruna Enterprises U Limited |
| Known for | Haruna Enterprises, Wealth, Properties |
| 💰 Net worth | $420 |
| Title | Chief Executive Officer |
| 👴 👵 Parents |
|
| 🌐 Website | Haruna Enterprises |
Haruna Sentongo (born 30 November 1987), is a Ugandan businessman and the founder and chief executive officer of Haruna Enterprises, a real estate company based in Kampala, Uganda.[1] [2][3][4]
He is reported to be one of the richest people in Uganda with an estimated net worth of US$420 million (April 2021).[5][6][7]
Early Life
Haruna was born on 30 November 1987, in Kalungu, a town in Masaka greater district of central Uganda.
He is a son of hajji Haruna Segawa and Nakayija Jalia, who are part of a family with extensive property investments in Kampala. [8][1]
Education Career
Haruna attended primary school in Masaka, O-Level studies at Kabojja International School in Kampala and his A-Level studies at East High School, Ntinda. He attended Makerere University, where he graduated with a Bachelor of Business Administration degree.[9]
Business career and the Founding of Haruna Enterprises Limited
In 2003, Haruna started as a small retailer dealing in ladies’ handbags which he imported from china with support from his father.[10][11][12]
In 2005, he started trading in home and office furniture from a distribution store in Kampala. With accumulated reasonable profits, he diversified into garments trading in 2007. He imported ladies’ clothes from Southeast Asia and distributed them in the great lakes region.[11] He then bought commercial plots in different suburbs of Kampala City.[13]
In 2011, he incorporated Haruna Enterprises Limited, a private company with limited liability, through which he constructed Haruna Towers with help from loan facilities from different Ugandan commercial banks.[13] With more capital inflows, he continued buying large chunks of land and developing more markets and shopping malls.[6][4][5][14]
Other business interests and investments
In addition to his real estate interests, Haruna owns and operates cinema halls including: a 7D, a 5D, and a 3D/2D theater[15], situated in Ntinda, a Kampala neighborhood.[16] He also owns a chain of fitness centers operating in different areas of Kampala.[1][3]
Manufacturing: Soft Beverages and Household Consumables
Haruna started manufacturing and processing bottled mineral water, skincare products, and a range of household consumables including hand sanitizers, laundry and toilet soap, candles, and confectionaries. His factories are located in Nsangi, Wakiso district of Central Uganda.[1]
The Uganda Daily attributes his wealth to financial discipline and proper usage and management of bank loans.[11]
Charity Work
In July 2020, Haruna exempted 500 tenants at his Segawa Market in Mengo, Kampala from paying rent for three months, citing hardships experienced during the Covid-19 lockdown.[17][18][19]
In October 2020, he also waived six months’ rent for all his tenants at Haruna Mall in Ntinda to help stabilize their businesses following the lockdown.[20][21][22][23]
Haruna plans to build a 213.4-meter/700-foot-tall, 40-floor, 5-star multi-business plaza at an estimated cost of US$250 million on Nakasero Hill in Kampala city in the next few years.[1]
Related Pages
References
- ↑ 1.0 1.1 1.2 1.3 1.4 Reporter, Our (2018-02-12). "Young, Successful and Ugandan: Sentongo Haruna, C.E.O of Haruna Enterprises' Journey From Grass To Grace". Daily Express News. Retrieved 2021-08-08.
- ↑ "Landlord and Tenant: Notice to Terminate: Subsequent Collection of Rent as Waiver of Notice". Michigan Law Review. 39 (6): 1036–1038. April 1941. doi:10.2307/1282958. ISSN 0026-2234. JSTOR 1282958.
- ↑ 3.0 3.1 Times, Uganda (2016-01-28). "How Haruna Sentongo of Haruna Enterprises made his money and became a billionaire". The Uganda Times - Uganda News, Uganda Updates, Breaking News, World News, Business, Travel, About Uganda | Home. Retrieved 2021-01-30.
- ↑ 4.0 4.1 "Haruna Sentongo Fact File". Kampala Express. 2016-06-28. Retrieved 2021-01-30.
- ↑ 5.0 5.1 "ENTREPRISING: Sentongo Haruna builds empire worth USD420m brick by brick". Watchdog Uganda. 2021-03-12. Retrieved 2021-08-08.
- ↑ 6.0 6.1 "Ssentongo seeks to change face of Kisenyi slum". Daily Monitor. Retrieved 2021-03-20.
- ↑ "From Grass to Grace: The Success Journey of Sentongo Segawa Haruna, C.E.O Haruna Enterprises (U) Ltd". Thecapitaltimes. Retrieved 2021-08-08.
- ↑ "Siblings who own a piece of Kampala City". Daily Monitor. Retrieved 2021-08-08.
- ↑ Uganda Post News (28 June 2018). "Profile: Interesting facts you need to know about young city tycoon Haruna Sentongo". Uganda Post. Retrieved 18 July 2020.
- ↑ J, lukwago (2020-07-31). "How Haruna Sentongo Used 300k To Become Real Estate Multi-Billionaire". Newslex Point. Retrieved 2021-08-08.
- ↑ 11.0 11.1 11.2 Uganda Daily (22 November 2019). "Young city tycoon Haruna Sentongo's source of wealth revealed". Kampala: Uganda Daily. Retrieved 18 July 2020.
- ↑ "I started my empire with just Shs300,000 – property tycoon Haruna Sentongo". Matooke Republic. 2020-08-12. Retrieved 2021-08-08.
- ↑ 13.0 13.1 "Tycoon Haruna Sentongo's top 9 tips for youth who want to make and keep money". Watchdog Uganda. 2020-08-06. Retrieved 2021-08-08.
- ↑ "He is shy and reclusive. His businesses rake in billions a year. Meet Haruna Ssentongo". Nile Post. 2021-03-14. Retrieved 2021-03-25.
- ↑ "City Tycoon Haruna Opens 7D Cinema In Ntinda". www.howwebiz.ug. Retrieved 2020-07-25. Unknown parameter
|url-status=ignored (help) - ↑ Earth Finds (7 April 2019). "Haruna Enterprises Goes Multipurpose With Haruna Shopping Center". Kampala: Earth Finds Uganda. Retrieved 19 July 2020.
- ↑ New Vision (6 July 2020). "Segawa market landlord Haruna Sentongo gives tenants three months rent waiver". New Vision. Kampala. Retrieved 18 July 2020.
- ↑ Amon Katungulu (7 July 2020). "Businessman, Haruna Sentongo, grants three month rent waiver to tenants". Kampala: Nile Post Uanda. Retrieved 19 July 2020.
- ↑ Mubiru Ivan (5 July 2020). "You're a blessing ! Ugandans shower praise to city businessman Haruna Sentongo for waiving rent for his tenants". Kampala. Retrieved 19 July 2020.
- ↑ Reporter, Spy (2020-10-19). "Business Tycoon Haruna Sentongo Pardons Six Months Rent Arrears For 120 Tenants In His Multi-billion Haruna Mall In Ntinda". The Spy. Retrieved 2021-03-25.
- ↑ "Landlord Haruna Sentongo cancels tenants' six months rent arrears". www.newvision.co.ug. Retrieved 2020-12-02. Unknown parameter
|url-status=ignored (help) - ↑ "City landlords waive rent arrears for tenants". Daily Monitor. Retrieved 2021-03-25.
- ↑ "Businessman, Haruna Ssentongo, writes off rent arrears for tenants at Haruna Towers". Nile Post. 2020-10-19. Retrieved 2021-03-25.
Other Websites
- Haruna Enterprises Archived 12 July 2021 at the Wayback Machine
- New Updated List of Richest Ugandans 2021
This article "Haruna Sentongo" is from Simple English Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Haruna Sentongo.
