The Madhvani Group of Companies commonly referred to as the Madhvani Group, is one of the largest conglomerates in

Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...

. The group has investments in Kenya, Uganda,

Rwanda Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator ...

South Sudan South Sudan (; din, Paguot Thudän), officially the Republic of South Sudan ( din, Paankɔc Cuëny Thudän), is a landlocked country in East Africa. It is bordered by Ethiopia, Sudan, Central African Republic, Democratic Republic of the C ...

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...

, the

Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Pro ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

, and

North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

History

In 1912, Muljibhai Madhvani, then aged 18, arrived in Jinja following his older brother Nanjibhai. Starting in 1914, he was able to join his brothers small trading concern and help create a business that would later account for 10 percent of Uganda's gross domestic product. Following the Asian expulsion of 1972 Muljbhai's five sons decided to split parts of the business equally. His workers and their dependents have enjoyed free education, housing, and healthcare under the Group. The Group's businesses are run primarily by Madhvani family members, but many of the newer investments are joint ventures with other businesses. During the 1970s, the Madhvani family was expelled from Uganda by

Idi Amin Idi Amin Dada Oumee (, ; 16 August 2003) was a Ugandan military officer and politician who served as the third president of Uganda from 1971 to 1979. He ruled as a military dictator and is considered one of the most brutal despots in modern w ...

and their businesses were nationalized and mismanaged to near-extinction. In 1985, the family returned to Uganda and with loans from the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

, the

East African Development Bank The East African Development Bank (EADB) is a development finance institution with the objective of promoting development in the member countries of the East African Community. Overview EADB plays a threefold role of lender, adviser, and developm ...

, and 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 ...

, they resurrected and rehabilitated their businesses and started new ones.

Muljibhai Madhvani Foundation

The Muljibhai Madhvani Foundation is a charitable trust that was established in 1962, just before Uganda gained its independence, to honor the vision of Muljibhai Madhvani (14 May 1894 – 11 July 1958). The foundation awards scholarships to deserving undergraduate and postgraduate university students to study in Ugandan universities. One of the foundation's primary objectives is to maintain and promote scientific and technical education among the people of Uganda.

Subsidiary companies

The Madhvani Group includes but is not limited to the following companies: * Chobe Safari Lodge,

Murchison Falls National Park Murchison Falls National Park (MFNP) is a national park in Uganda and managed by the Ugandan Wildlife Authority. It is in north-western Uganda, spreading inland from the shores of Lake Albert (Africa), Lake Albert, around the Victoria Nile, up to ...

, Uganda * East African Packaging Solutions,

Njeru Njeru is a town in Buikwe District, in the Central Region of Uganda. It is the largest town in the district. It is mainly a residential town. However, it hosts industries such as ''East African Packaging Solutions Limited'', a manufacturer of ...

, Uganda – now sole owner after buying out partner * East African Distributors Limited – furniture and hardware merchandising,

Kampala 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 ...

, Uganda * East African Glass Works Limited – Defunct * Excel Construction Limited, Jinja, Uganda and

Juba Juba () is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State. It is the world's newest capital city to be elevated as such, and had a populatio ...

* East African Underwriters Limited – 51 percent shareholding by

Liberty Holdings Limited Liberty Holdings Limited (JSE: LBH) is a financial services and property holding company with registered head office situated in Johannesburg, South Africa at Liberty Centre, 1 Ameshoff St., Braamfontein. The company was founded in South Afr ...

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...

Kampala, Uganda * Industrial Security Services Limited, Jinja, Uganda * Kabuye Sugar Works, Kabuye,

* Kajjansi Roses Limited,

Kajjansi Kajjansi is a town in Central Uganda. It is one of the urban centers in Wakiso District. Location The township is situated on the tarmacked, all-weather Kampala - Entebbe Road. Kajjansi is located approximately , by road, south of Kampala, Ugand ...

Wakiso District Wakiso District is a district in the Central Region of Uganda that partly encircles Kampala, Uganda's capital city. The town of Wakiso is the site of the district headquarters. Kira, the country's second largest city and suburb of Kampala, is in ...

, Uganda * Kakira Airport,

Kakira Kakira is a town in the Eastern Region of Uganda. It is the location of the International headquarters of the Madhvani Group. Location Kakira is located in Jinja District, approximately east of downtown Jinja on the highway to Iganga. The coor ...

, Uganda * Kakira Power Company, Kakira, Uganda – the owner-operators of Kakira Power Station *

Kakira Sugar Works Kakira Sugar Works Limited, often called Kakira Sugar Works, is a leading sugar manufacturer in Uganda, the third-largest economy in the East African Community. Location The main factories of the company are located in the town of Kakira, in Jin ...

, Kakira, Uganda – the flagship company of the Group * Kakira Sugar Works Hospital, Kakira, Uganda * Silver Back Lodge, Bwindi Forest, Uganda * Kakira Sweets & Confectioneries Limited, Kakira, Uganda * Liberty Life Assurance Uganda Limited, Kampala, Uganda * Madhvani Group Central Purchasing, Jinja, Uganda * Madhvani Group Projects Limited, Kampala, Uganda * Madhvani Group Steel Division – Jinja Uganda * Marasa India Resorts and Hotels,

Rajkot Rajkot () is the fourth-largest city in the Indian state of Gujarat after Ahmedabad, Vadodara, and Surat, and is in the centre of the Saurashtra region of Gujarat. Rajkot is the 35th-largest metropolitan area in India, with a population of ...

Gujarat Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth ...

* Madhvani Properties Limited, Kampala, Uganda * Makepasi Match Limited Jinja, Uganda – the largest producers of wax safety matches in Africa * Marasa Holdings Limited, Kampala, Uganda * Muljibhai Madhvani Foundation, Kakira, Uganda * Mwera Tea Estate,

Mityana District The Mityana District is a district in the Central Region of Uganda. The district was created in 2005, by taking the Mityana and Busujju counties from Mubende District. Mityana is the site of the district headquarters. Location The Mityana Distri ...

, Uganda * Mweya Safari Lodge,

Queen Elizabeth National Park Queen Elizabeth National Park is a national park in Uganda. Location Queen Elizabeth National Park (QENP) is in the Western Region of Uganda, spanning the districts of Kasese, Kamwenge, Rubirizi, and Rukungiri. The park is approximately by ro ...

, Uganda * Nakigalala Tea Estate,

, Uganda * Paraa Safari Lodge, Murchison Falls National Park, Uganda * Premier Safaris Limited, Jinja, Uganda * Software Applications Uganda Limited, Kampala, Uganda * Madhvani Group Steel Division, Jinja, Uganda * TPSC Turbo Prop Service Centre Uganda Limited, Aircraft Maintenance, Kakira, Uganda * Umabano Hotel – Kigali Rwanda * Marasa Africa – Holding company for all hotels and safari lodges in Uganda, Kenya and Rwanda.

References

External links

{{Authority control}
Official Website
Financial services companies established in 1914 Conglomerate companies established in 1914 1914 establishments in Uganda Jinja District