Charles Mbire

 

One of Uganda’s most revered boardroom gurus and investors, Mbire is one of the largest individual shareholders in mobile phone network giant MTN Uganda’s operations. His Bomi Holding Company owns a 15% stake in the lucrative Rift Valley Railways. (For perspective, Citadel Capital owns a 51% stake which it acquired last year for $287 million). He also owns stakes in and sits on the boards of Ecobank Uganda, Eskom Uganda and Invesco Uganda Limited.

 

Charles Mbire is a businessman, entrepreneur and industrialist in Uganda. He is reported to be the wealthiest indigenous Ugandan, with an estimated net worth in excess of US$65 million, as of December 2008.

 

Mbire traces his origins to Mparo, Kabale District, and southwestern Uganda. He studied business and economics and graduated with Honors from Essex University in England. He went on to obtain a Master of Business Administration (MBA) from Leicester University, also in the United Kingdom. His investments range from telecommunications, finance, energy, real estate, pharmaceuticals, agribusiness and transportation.

 

Charles Mbire is part owner and member of the Board of Directors of the following Ugandan businesses: Afro Alpine Pharma Limited

    East Africa Fish Farming Limited; Ecobank Uganda Limited; Eskom Uganda Limited

    Invesco (Uganda) Limited; MTN Communications Uganda Limited; Polino Holdings Limited; Sunco Investments Limited

    Bomi Holdings Limited; Rift Valley Railways; and Chui Investments Limited - An investment company specializing in the construction, operations and ownership of small and medium-sized power stations in Uganda.

 

Charles Mbire was appointed Chairman of Uganda Securities Exchange in 2010. He is also a member of the Presidential Investor Roundtable, an elite group of businesspeople who advise the President of Uganda on how to improve business competitiveness and business conditions in the country.

 

As of May 2009, it is estimated that the net worth of Charles Mbire is in excess of US$65 million.