Amos Nzeyi is a Ugandan businessman, entrepreneur, and industrialist. He is one of the wealthiest people in Uganda.
Business interests
Nzeyi has owned the following businesses wholly or in part:
* "
Crown Beverages Limited" – A bottler of
Pepsi products. As of April 2013, he was chairman of the board and part-owner.
*
Hot Loaf Bakery – A private bakery in
Kampala, Uganda
Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...
. He is the owner and chairman of the board.
* White Horse Inn – A private hotel in
Kabale
Kabale is a town in the Western Region, Uganda, Western Region of Uganda. It is the chief town of Kabale District, and the district headquarters are located there.
Sometimes nicknamed “Kastone” as in the local language Rukiga, a “kabale” ...
, Uganda. As of April 2015, he was the proprietor.
* Nandos Restaurant – A fast-food restaurant in the center of Kampala, which Nzeyi formerly co-owned.
*
National Bank of Commerce – A small commercial bank, founded in 1991 by private investors, since closed by the
Bank of Uganda
The Bank of Uganda ( sw, Benki Kuu ya Uganda) is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department.
History
In 1979 and again in 1987, the Ba ...
.
Other responsibilities
Besides his personal business interests, Nzeyi has had the following public,
fiduciary
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person. One party, for exampl ...
responsibilities:
* He is a former member of the board of directors of the
Uganda Development Bank
The Uganda Development Bank Limited (UDBL) is a government-owned development bank in Uganda.
Overview
UDBL which began operating in 1972, was the first development finance institution established by the government of Uganda. The main objectiv ...
.
* Nzeyi is the chairman of the Uganda Manufacturers' Association. He was elected to a second and final two-year term in May 2015.
*Dr. Amos Nzeyi is Honorary Consul for Mauritian in Kampala, Uganda. Th
Consulate of Mauritiusis the first representation of Mauritius in Uganda established in 2018 following the appointment of Dr Amos Nzeyi as the Honorary Consul.
Temangalo Saga
In 2008, Nzeyi and Ugandan Security Minister
Amama Mbabazi
John Patrick Amama Mbabazi, SC (simply known as Amama Mbabazi, born 16 January 1949) is a Ugandan politician who served as the ninth Prime Minister of Uganda from 24 May 2011 to 19 September 2014. He played an instrumental role in Uganda's pro ...
sold a parcel of land measuring at a price of US$12,000 per acre to the
National Social Security Fund of Uganda (NSSF). The total price was US$5,568,000.
Subsequent inquiry into the transaction, commonly referred to as the Temangalo Saga, discovered irregularities in the transaction. Both the managing director of the NSSF and his deputy were terminated because of this transaction. In a subsequent cabinet reshuffle, Minister of Finance
Ezra Suruma
Ezra Suruma (born 11 November 1945), is a Ugandan economist, banker, and academic. He became the chancellor of Makerere University in January 2016. He formerly served as a senior adviser to the president of Uganda on finance and economic plannin ...
, whose ministry was responsible for supervising and approving the transaction, was dropped from the
cabinet
Cabinet or The Cabinet may refer to:
Furniture
* Cabinetry, a box-shaped piece of furniture with doors and/or drawers
* Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets
* Filing ...
.
As of March 2010, the saga had not yet been resolved. of the land in question, including one of the personal residences of Nzeyi that sits on that land, had yet to be transferred to NSSF, despite having paid for it in 2008.
See also
*
List of wealthiest people in Uganda
The per capita income in Uganda in 1999 was approximately US$650 annually. In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day.
Compiled here is a list of individuals in Uganda whose accumulated asset ...
References
External links
Transcript of Amos Nzeyi's appearance before the parliamentary committee probing the Temangalo SagaForbes – Five Ugandan Multi-Millionaires You Should Know
{{DEFAULTSORT:Nzeyi, Amos
Ugandan businesspeople
Living people
People from Kabale District
1947 births