Charles Mbire

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Charles Mbire
Born1959 (age 61–62)
Mparo, Rukiga District
Uganda
NationalityUgandan
CitizenshipUganda
Alma materEssex University
(Bachelor of Science in Economics)
Leicester University
(Master of Business Administration)
OccupationChairman[1]
MTN Uganda
Eskom Uganda
Uganda Securities Exchange
Director
Rift Valley Railways[2]
Years active1980s — present
TitleChairman
MTN Uganda

Charles Magezi Mbire is a businessman, entrepreneur, and industrialist in Uganda. He was reported to be the wealthiest indigenous Ugandan, with an estimated net worth exceeding US$200 million as of January 2012.[3]

Background[]

Mbire was born Charles Magezi in 1959 to Ponsiano Mbire and Thereza Mbire in Mparo, Rukiga District, southwestern Uganda. He is the third-born in the family with three sisters, two of them older than him, and two younger brothers.[4] He attended Kabale Primary School and Kitante Primary School for his elementary education. He studied at St. Mary's College Kisubi for his O-Level education. He then attended Namasagali College for his A-Level studies.[5] He studied business and economics and graduated with the honors degree of Bachelor of Science, from Essex University in England. He went on to obtain a Master of Business Administration from Leicester University, also in the United Kingdom. His investments are in telecommunications, finance, energy, real estate, pharmaceuticals, agribusiness, and transportation.[citation needed]

Business interests[]

Mbire is part owner and member of the board of directors of the following Ugandan businesses:[6]

  • Afro Alpine Pharma Limited
  • East Africa Fish Farming Limited
  • Eskom Uganda Limited
  • Invesco (Uganda) Limited
  • MTN Communications Uganda Limited
  • Polino Holdings Limited
  • Sunco Investments Limited
  • Bomi Holdings Limited
  • Rift Valley Railways[7]
  • Chui Investments Limited - An investment company specializing in the construction, operations and ownership of small and medium-sized power stations in Uganda[8]

Other responsibilities[]

Mbire was appointed chairman of the 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.[9]

Net worth[]

In December 2008, it was estimated that Mbire's net worth exceeded US$65 million.[10] In January 2012, his net worth was estimated to have increased to greater than US$200 million.[3] In January 2019, he was estimated to be worth US$400 million[11]

Photos[]

See also[]

References[]

  1. ^ Newvision, Archive (8 February 2008). "Mbire Now Courts Ecobank". New Vision (Kampala). Archived from the original on 2014-10-21. Retrieved 14 October 2014.
  2. ^ URN Reporter, . (2 September 2008). "Mbire Appointed To Rift Valley Railways Board". Uganda Radio Network (URN). Retrieved 4 May 2015.CS1 maint: numeric names: authors list (link)
  3. ^ a b Michael Kanaabi, and Ssebidde Kiryowa (January 2012). "Uganda: The Deepest Pockets". New Vision Mobile (Kampala). Archived from the original on 21 October 2014. Retrieved 14 October 2014.
  4. ^ Newvision Archive, . (2 February 2006). "Mama Mbire: 71 And Still Thinking Big". New Vision (Kampala). Archived from the original on 2015-05-05. Retrieved 4 May 2015.CS1 maint: numeric names: authors list (link)
  5. ^ Administrator (2014). "Dr. Charles Magezi Mbire". Public Opinions Publications (Uganda). Retrieved 4 May 2015.
  6. ^ "Ugandan Entrepreneur Extraordinaire, Charles Mbire, Capitalist With A Human Face". Franklin.Ws. Retrieved 14 October 2014.
  7. ^ Ainebyoona, Emmanuel (22 September 2014). "New RVR Trains To Boost Cargo Volumes, Says Company Official". Daily Monitor (Kampala). Retrieved 14 October 2014.
  8. ^ Mugabe, David (7 December 2010). "National Grid To Get 200MW Boost". New Vision (Kampala). Archived from the original on 2014-10-21. Retrieved 14 October 2014.
  9. ^ Mugabe, David (4 November 2010). "Bourse Get New Chair". New Vision (Kampala). Archived from the original on 21 October 2014. Retrieved 14 October 2014.
  10. ^ Newvision, Archive (26 December 2014). "Mbire At It Again". New Vision (Kampala). Archived from the original on 2014-10-21. Retrieved 14 October 2014.
  11. ^ Forex News Now (January 2019). "Who are the richest millionaires in Uganda and what they do: Charles Mbire". ForexNewsNow.com. Tbilisi, Georgia. Retrieved 5 October 2021.

External links[]

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