Charles Magezi Mbire is a businessman, entrepreneur, and industrialist in

Uganda }), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The sou ...

. He was reported to be the wealthiest indigenous Ugandan, with an estimated net worth exceeding US$200 million as of January 2012.

Background

Mbire was born Charles Magezi in 1959 to Ponsiano Mbire and Thereza Mbire in Mparo,

Rukiga District Rukiga District is a district in Western Uganda. Its capital is Mparo. However, the largest urban center in the district is Muhanga. Location Rukiga District is bordered by Ntungamo District to the east, the Republic of Rwanda to the southeast ...

, southwestern Uganda. He is the third-born in the family with three sisters, two of them older than him, and two younger brothers. 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. He studied business and economics and graduated with the honors degree of

Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University o ...

, from

Essex University The University of Essex is a public research university in Essex, England. Established by royal charter in 1965, Essex is one of the original plate glass universities. Essex's shield consists of the ancient arms attributed to the Kingdom of Ess ...

in England. He went on to obtain a

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accoun ...

from

Leicester University , mottoeng = So that they may have life , established = , type = public research university , endowment = £20.0 million , budget = £326 million , chancellor = David Willetts , vice_chancellor = Nishan Canagarajah , head_label ...

, also in the United Kingdom. His investments are in telecommunications, finance, energy, real estate, pharmaceuticals, agribusiness, and transportation.

Business interests

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 * Eskom Uganda Limited * Invesco (Uganda) Limited * MTN Uganda Limited * Polino Holdings Limited * Sunco Investments Limited * Bomi Holdings Limited *

Rift Valley Railways Rift Valley Railways (RVR) was a consortium established to manage the parastatal railways of Kenya and Uganda. The consortium won the bid for private management of the century-old Uganda Railway in 2005. The Kenya-Uganda railway had previously b ...

* Chui Investments Limited - An investment company specializing in the construction, operations and ownership of small and medium-sized power stations in Uganda *

Bank of Baroda (Uganda) The Bank of Baroda Uganda Limited, also known as the Bank of Baroda Uganda (BBU), is a commercial bank in Uganda and a wholly owned subsidiary of Indian government owned banking and financial service company Bank of Baroda . It is one of the ...

Other responsibilities

Mbire was appointed chairman of the

Uganda Securities Exchange The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's ...

in 2010. He is also a member of the Presidential Investor Roundtable, an elite group of businesspeople who advise the

President of Uganda The president of the Republic of Uganda is the head of state and the head of government of Uganda. The president leads the executive branch of the government of Uganda and is the commander-in-chief of the Uganda People's Defence Force. The ...

on how to improve business competitiveness and business conditions in the country.

Net worth

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

Photos

Photo of Charles Mbire In 2012

References

External links

Charles Mbire Owns Afro Alpine Pharma

{{DEFAULTSORT:Mbire, Charles 1959 births Living people Ugandan businesspeople People from Kabale District Alumni of the University of Essex People from Western Region, Uganda Alumni of the University of Leicester People educated at St. Mary's College Kisubi