Sunday, March 9, 2014

Madhvani’s by Ojijo Ogillo


 


One of the best-known business names in Uganda is the Madhvani Group, which employs over 10,000 people and is a major contributor to the government’s revenues. The Madhvani family, originally from India, has been in business in Uganda for more than half a century.

By the 1960s, the family had built a huge commercial empire in Uganda and East Africa. When Idi Amin expelled all the Asians in 1972, the Madhvanis fled to Britain. They did not return until the mid-1980s at the invitation of President Museveni. There was no sugarcane, the factory was looted, there were no roads and few people. But we took up the challenge because we thought this country had great potential in agriculture.

The Kakira Sugar Works at Jinja and the associated sugar plantations employ the majority of the 10,000 people who work for the group. Together with the outgrowers and their families, the Madhvani Group supports around 40,000 local people. The group provides free schooling, healthcare, training and scholarships to promising pupils. The family foundation has donated several buildings in Kampala to the government. Although initial financial support to rebuild the core of his industrial empire came partly from the government, Mr. Madhvani stresses that he is currently seeking to initiate joint ventures with foreign private investors ready to take advantage of the group’s widely diversified interests.

The range of products the company is involved in includes edible oils, confectionery and soap, as well as steel manufacturing, metal products, glassware, packaging, tea, flour, brewing, floriculture, insurance and a TV station. ‘’We are ideally positioned to identify partners who wish to do business in Uganda in some of these areas,’´ he adds.

The group’s core businesses, however, are based on agriculture and tourism ’· two sectors which Mr. Madhvani says Uganda has yet to exploit to the full. Tourism in Uganda is developing, but its still relatively virgin territory. ’´

The group owns two luxury hotels, the Paraa Safari Lodge in northern Uganda and the Mweya Safari Lodge in western Uganda, which is an ideal base from which to track mountain gorillas. One of the most important things we have in Uganda are the facilities for tracking gorillas. There are very few of these primates left in the world, and they are a big selling point, ’´ Mr. Madhvani says. He adds: We are not looking at Uganda as a main destination, but as a springboard for Kenya and Tanzania. Tourists can visit Uganda directly from there ’´ Mr. Madhvani wants to see easier access for tourists traveling between these east African countries. The government has got to set up a good infrastructure to encourage the free movement of tourists across the borders, ’´ he says.
 
(Ojijo is an ICT lawyer, author of 31 books, performance poet, armature pianist, business systems expert, career mentor, luo culture expert, public speaker and coach :+256776100059: ojijo@allpublicspakers.com)

 

The Mukwano’s (Alykhan Karmali and Amirali Karmali) By Ojijo Ogillo



Uganda’s list of the rich and famous would be incomplete without Alykhan Karmali and Amirali Karmali. This duo, popularly known as the Mukwanos, is the most successful father and son business partnership today. They own the Mukwano Group of Companies, one of the biggest conglomerates in Uganda. It comprises: Mukwano Enterprises Ltd, A.K. Transporters Ltd, A.K. Oils & Fats (U) Ltd, A.K. Plastics (U) Ltd, A.K. Detergent (U) Ltd, Mukwano Sweets & Confectioneries (U) Ltd, Rwenzori Commodities Ltd and Mukwano Forex Bureau Ltd.

As is the norm with the rich, it is not easy to establish their bank balance, but with more than 10,000 employees on its payroll and payment of over Shs 40 billion in taxes annually, it’s safe to assume that the Karmalis will not starve even if they chose not to work another day. Like many tycoons, the Karmalis neither like to talk about their wealth, careers nor their family history.

However, a recent article in the East African newspaper gives an insight into how they made their money. Legend has it that a Mr Ali Mohamed Karmali, a pioneer Indian Investor who came to Uganda in 1904, laid the foundation of the empire. After working as a shop assistant in Jinja, he shifted to Mbarara, before settling in Bukandula, in Mpigi district, where in partnership with other Asian families, he did a roaring trade in cotton and coffee.

Mr Karmali was reportedly so popular with the locals that they nicknamed him Mukwano gwa bangi (a friend of many), ’´ later shortened to ’Mukwano’´. It is also here that Mr Amirali Karmali was born in the mid-1930s.The business took off when the family moved to Fort Portal, where the young Karmali, acquired a second-hand truck and begun to transport produce for sale in Kampala.

Soon after, he expanded to western Uganda and some areas of Eastern Congo and thereafter moved to Kampala, where he opened his first shop under the business name Egesa Commercial Agencies.

In 1995 Mzee Mukwano relinquished control of the Group to his son, Alykhan Karmali and became its chairman. He now spends most of his time in Fort Portal, growing and processing tea for export

(Ojijo is an ICT lawyer, author of 31 books, performance poet, armature pianist, business systems expert, career mentor, luo culture expert, public speaker and coach :+256776100059: ojijo@allpublicspakers.com)
 

Saturday, March 8, 2014

Ashish J. Thakkar. By Ojijo Ogillo


 


He is a serial entrepreneur who started his first company at the age of 15. Ashish considers himself a native son of Africa with strong Indian roots, of British nationality and a resident of the UAE. Ashish J. Thakkar emerged the first African ever to be named in Fortune Magazine’s prestigious annual 40 Under 40 list which features young hotshots around the globe who are leading businesses as diverse as air travel, natural gas, and genetic coding, as well as government. Born in the United Kingdom, Ashish and his family moved back to Africa after surviving the historic Rwandan genocide and generational exile of African families. He grew up in the UK and Uganda and now lives in Dubai.

Ashish devotes much of his energy to commercial and philanthropic initiatives in Africa. He has also been appointed on the advisory panels to several heads of state in sub-Saharan Africa and is also a team member of the Commonwealth Business Council and COMESA. Ashish has been profiled by several publications and media outlets including Forbes, The Economist, CNN, Africa Business Journal, Ventures Africa, San Jose Mercury, Reuters and the BBC.

 

The culmination of Ashish J. Thakkar's business achievements has been instituting Mara Foundation, the nonprofit social enterprise of Mara Group which focuses on emerging African entrepreneurs. The Foundation works to create sustainable economic and business development opportunities for young business owners via its Mara Launchpad incubation centres and Mara Launch Fund.

His company, Mara Group, a 16 year-old pan-African multi-sector business conglomerate with perations in 26 countries spanning four continents. Mara’s current businesses operate in a broad range of sectors including information technology (IT) services, business process outsourcing (BPO), a multi-faceted mobile-enabled online platform, agriculture, real estate, hospitality, packaging and asset management.

Mara Group has received global recognition for its achievements and contributions not only in Africa but also worldwide. In 2010, Mara Group was identified by the World Economic Forum as a dynamic high-growth company with the potential to be a driving force for economic and social change. Ashish J. Thakkar was appointed as a World Economic Forum Global Young Leader.

In the near future, Ashish J. Thakkar will represent East Africa on Virgin Galactic's mission into space, thereby making him Africa’s second astronaut.In 1996, Ashish borrowed $6,000 to start his first IT company whereby he bought and sold computers. Within a year, he transitioned from a high school student to a full-time entrepreneur.

Ashish J. Thakkar has earned an unprecedented amount of international press recognition in recent times for his remarkable business success and his work in grooming young African entrepreneurs. And he has a remarkable story. After surviving the 1994 Rwandan genocide, Ashish moved to Kampala, Uganda with his family. During High School in Kampala, Ashish began selling computers to his classmates and friends.

That computer trading business formed the earliest foundation of the Mara Group – a Pan-African conglomerate that is actively involved in everything from manufacturing to agriculture to property development and Information Technology. The group has total assets in excess of $1 billion and over 7,500 employees across 21 African countries.

The group’s charity arm, the Mara Foundation focuses on entrepreneurship and education. Among other things, the Mara Foundation provides comprehensive support services including mentorship, funding, incubation center workspace and business training to African entrepreneurs mainly in East Africa.

Ashish is truly putting Africa on the map and getting Africa recognized globally in a postivie sense.
(Ojijo is a lawyer, author, poet, pianist, business coach, career mentor, public speaker & strategic planning consultant:+256776100059: ojijo@allpublicspakers.com)