Gordon Wavamunno

Compiled by Ojijo (lawyer, author, public speaker, poet, entrepreneur)

In the 1960s, this entrepreneur started off by working for the Merali Jivraj Family. In his Biography, he says he owes his success to his adopted strategy of flexible business diversification by putting my eggs in as many baskets as possible’´.

According to Wavamunno, he has followed a flexible and varied approach to doing business – thus his success. Since his luck in the 1960s, Wavamunno has ventured into a variety of businesses: transport, insurance, banking, trade, tourism, entertainment, the electronic media, property development, manufacturing and farming. So far his Mercedes Benz franchise is one of the most popular in the country. Wava as he is popularly known started out with a taxi hire service in his hometown, Mbarara and later on diversified to a bus service, which he named Rugaaga Bus Service. This used to link his village, Rugaaga to Mbarara town.

He later on moved to Kampala and started up another bus company, which collapsed and he moved on to Spear Touring Safaris Ltd the forerunner of Spear Motors.He was not so lucky in the tourism sector due to the turbulent 1970s but that did not stop him. He still owns a fleet of tankers and trailers that transport goods to and from Mombasa.Companies in which he has stakes include: GM TUMPECO, Wava Holdings, Spear House, Wanno Engineering, Batunga Quarry, Radio Simba, WBS, Nile Bank, United Assurance Company, Nakwero farm and Victoria Flowers Ltd located in Entebbe near the airport.