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Gordon Wavamunno

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Nationality
  
Home town
  
Isingiro

Ethnicity
  
Muganda

Name
  
Gordon Wavamunno

Citizenship
  
Known for
  
Wealth, Philanthropy

Years active
  
1966 — present


Gordon Wavamunno Wavamunno tells his entrepreneurial journey Prosper

Born
  
16 December 1943 (age 80) (
1943-12-16
)
Rugaaga, Isingiro DistrictUganda

Occupation
  
Businessman, entrepreneur, philanthropist

Residence
  
Munyonyo, Uganda, Kampala, Uganda, Uganda

One on one with ugandan businessman sir gordon wavamunno


Gordon Babala Kasibante Wavamunno, but often referred to simply as Gordon Wavamunno (born 16 December 1943), is a Ugandan entrepreneur, businessman, and philanthropist. He is reported to be one of the wealthiest people in Uganda. He also serves as the honorary consul of Hungary to Uganda.

Contents

Gordon Wavamunno Gordon and Morine Wavamunno Creating Emerging Markets

One on One with Ugandan Businessman Sir Gordon Wavamunno


Background

Gordon Wavamunno httpswwwuapgroupcomsitesugandacatalogsm

He was born on 16 December 1943 in Rugaaga, modern-day Isingiro District, Western Region of Uganda. Following early public education in his home area, he moved to Mbarara, the largest town in the sub-region, when he was a teenager. He later relocated to Kampala, Uganda's capital and largest city.

Work experience

Gordon Wavamunno Uganda39s Success Story the remarkable journey of Gordon

His parents owned a retail shop and he helped in running it as a young boy. When he moved to Mbarara as a teenager, he worked as a shop assistant in a produce store owned by an Asian family. Later, he began to purchase farm produce from the nearby villages. He would then sell the produce to the Asian shops and families in Mbarara. When he acquired his first automobile, he began a special hire taxi service in the town. He expanded this business to include a driving school. In his mid 20's, he relocated to Kampala and pooled all his resources to start Spear Touring Company. This served as the beginning of his corporate enterprise.

In 1973, one year after the expulsion of Ugandan Asians by dictator Idi Amin, Wavamunno leveraged his assets and started Spear Motors Limited, the sole Mercedes Benz dealership in Uganda. The dealership is also the sole authorised dealer in Jeep, Dodge, and Chrysler automobiles and parts. In addition, Spear Motors is the sole distributor of Deutz Fahr tractors and farm machinery in Uganda. Deutz Fahr is a farm equipment manufacturer based in Treviglio, northern Italy.

Investments

As of September 2013, the following were some of the enterprises owned wholly or in part by Wavamunno. The businesses listed here are sometimes referred to as the Spear Group of Companies or simply the Spear Group.

  • Spear Motors Limited - Franchise distributor and dealer in Mercedes Benz, Jeep, Dodge, Chrysler, and Deutz Fahr brands in Uganda.
  • Wavah Broadcasting Services - A private television station.
  • Wavah FM - A private radio station.
  • Star Times Digital Satellite Television Service - A digital satellite distributor of television signals in Uganda.
  • Spear House - An office building on Jinja Road in Kampala's central business district.
  • Wavah Water Limited - A manufacturer and distributor of drinking mineral water in Uganda.
  • GM Tumpeco Limited - A manufacturer and fabricator of steel products, including number plates, traffic road signs, and billboards. Also, furniture, spring mattresses, uniports, wheelbarrows, and truck and bus bodies.
  • Fancy Furniture Limited - Importer and distributor of high-end office and household furniture.
  • Wavah Books Limited - A publisher of school text books and other writings.
  • Nakweero Mixed Farm - A diary, beef, and crop farm in Nakweero, Kira Municipality, Wakiso District.
  • Other responsibilities

    Wavamunno has an Honorary Doctorate degree from Makerere University, Uganda's oldest institution of higher learning, and from Nkumba University. He is a professor in business and entrepreneurship at Makerere and is the chancellor at Nkumba.

    In January 2013, the Queen of the United Kingdom bestowed upon Wavamunno the British royal order of chivalry as a knight in the order of Saint John. Recipients of knighthoods in this order are not normally entitled to the honorific of "Sir". The award was in recognition of his philanthropic work with St. John Association of Uganda, where he has been a member since 1983. He currently serves as the chairman of the association. Among other charitable acts, he has donated two ambulances to the association, renovated their offices in Kampala, and offered bursaries to orphans.

    Personal details

    Wavamunno is married and is the father of both male and female children.

    Photos

  • Gordon Wavamunno And His Daughter In 2010
  • References

    Gordon Wavamunno Wikipedia