Based on our findings, this list comprises the Top 10 Richest Women in Uganda and how these female characters have managed to emerge from the country’s wealth ladder. As a notable point, some of these women are investors while others engage in several other lucrative businesses.
In Uganda, men are not the only wealthy characters and in order to amass their own portions of the country’s riches, Ugandan women engage in various business activities. Nowadays, there are a number of Ugandan female investors who have built impressive business reputations for themselves.
Top 10 Richest Women In Uganda 2020
1. Jyotsna Ruparelia
Jyotsna Ruparelia is the eminent and wealthy wife of Sudhir Ruparelia –one of the leading business tycoons in Uganda. Jyotsna Ruparelia maintains her wealthy status as Uganda’s richest woman. Also, she earns millions of dollars as the director of several organizations including Kabira International School, Kabira Country Club, and Ruparelia Group. Apart from the stated organizations, Jyotsna Ruparelia apparently directs Meera Investments. Through Meera Investments, the Ruparelia Group maintains the ownership of several prestigious assets in Uganda.
2. Maria Kiwanuka
Maria Kiwanuka is a long-standing business partner and the MD of Radio One –Uganda’s most lucrative radio authority. Maria Kiwanuka makes beautiful sums of money not only as the country’s finance minister but also a vibrant businesswoman with a chain of assets. As a learned woman, Maria Kiwanuka holds an MBA degree which she obtained from the School of Economics in London, England.
In Uganda, Maria Kiwanuka has built a great business empire for herself and the other assets she owns are an urban shopping arcade (known as Maria’s Galleria) and a local radio station (known as Akabozi ku Biri).
During the 1980s, Maria Kiwanuka served the World Bank as a financial expert and economist. Maria Kiwanuka –who is well known as the wife of Mohan Kiwanuka –served several other organizations in the past. Among these organizations are Stanbic Bank Uganda, Uganda Development Bank, Nkumba University, The Nabagereka Development Trust and East Africa’s Aga Khan Foundation. On the board of directors for each of these organizations, Maria Kiwanuka performed the role of a non-executive director.
3. Julian Adyeri Omalla
Considered one of the industrious female characters in the country, Julian Adyeri Omalla is a Ugandan businesswoman and the third richest woman in Uganda. As an active entrepreneur, Julian Adyeri serves as the owner, managing director as well as chairwoman of Delight Uganda Limited –a renowned Ugandan company concerned with the production of fruit drink.
4. Sylvia Namutebi
Also known as Mama Fina, Sylvia Namutebi is an influential Ugandan woman and one of the most acclaimed female characters in the country. It is quite amazing to imagine how she managed to build her own wealth as a cultural practitioner. To give an account of her life, Sylvia Namutebi is believed to have emerged from grass to grace. Sylvia Namutebi has been in the trado-medical profession for long and currently, she serves as the leader of Uganda Traditional Healers Association. Besides her trado-medical business, Sylvia Namutebi doubles up her wealth with the possession of estates and boutiques.
5. Nina Karugaba
Nina Karugaba is a wealthy Ugandan woman with a vigorous presence in the business sector. She owns and manages Nina Interiors –a large store with subsidiaries in Rwanda and Kampala. Through Nina Interiors, Nina Karugaba deals in items of furniture which are needed for office, hotel, and domestic uses. Nina Karugaba is an experienced businesswoman who has been in her line for many years. With this influence, she has been able to acquire a number of prestigious assets in Kabale and Kampala.
6. Maggie Kigozi
Maggie Kigozi, whose actual name is Margaret Blick Kigozi, is a famous Ugandan woman. She is a versatile character who mingles various professions as a sportswoman, educator, business consultant, and medical doctor. Maggie Kigozi’s wealth speaks on her behalf and makes her one of the wealthiest women in Uganda.
In the aspect of an investment, Maggie Kigozi proves her worth as a shareholder and director of (Pepsi) Crown Bottlers. As a qualified business consultant, Maggie Kigozi works with the United Nations Industrial Development Organization.
7. Amina Hersi
Amina Hersitrue is a renowned Ugandan as well as Kenyan entrepreneur with various investment dealings. She is one of Uganda’s most influential female characters who has established a number of mega projects in the country. Her investments span across Uganda and they include Laburnum Courts Apartment (situated in Nakasero Hill) and Kampala-based Oasis Shopping Mail. Within and beyond the country, Amina Hersitrue is an acclaimed investor. Meanwhile, she was honoured with an award –Woman Investor of the Year –in 2008. This award came in recognition of her initiative contributions to the investment sector.
8. Morine Wavamunno
Morine Wavamunno merits a position among the richest Ugandan women. She maintains her wealthy stance as the executive director of a popular Ugandan group known as Wavamunno Group of Companies. With this role, Morine Wavamunno is obviously one of the Ugandan women with beautiful earnings.
Under her management –as the executive director of Wavamunno Group of Companies –there are a number of subsidiary companies such as Spear Motors, WBS TV, and Wavah Water. As regards the several subsidiary companies, the turnover of Wavamunno Group of Companies is estimated in a massive proportion.
9. Babirye Mugerwa
In Uganda, Babirye Mugerwa is one of the leading women. She is one of the most influential female moguls in the downtown of Ugandan capital –Kampala. Precisely, Babirye Mugerwa has been in the business sector for many years and she is believed to be one of the first female importers of merchandise from the United Arab Emirates in the ’90s. Also, Babirye is the reputable owner of luxurious assets including a number of hotels (located in Makerere Kikoni), Park View buildings, Yamaha Center and H&B Plaza.
Babirye –who initiated her business enterprise with cosmetics –later diversified into several other businesses and today, she is considered a vibrant female importer from international regions such as Thailand, China, and Japan.
10. Sarah Kizito
Sarah Kizito makes money through her ownership of Lady Charlotte –a Ugandan store for bridal and salon needs. Lady Charlotte is one of Uganda’s top choices for wealthy women to purchase bridal and salon accessories. Though Lady Charlotte is her major source of income, Sarah Kizito is also the owner of Nalongo Estates.
That’s all on the top 10 richest women in Uganda 2020
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