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.
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.
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 1980’s, 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.