Amos Nzeyi Explained
Amos Nzeyi |
Birth Place: | Kabale District, Uganda |
Occupation: | Businessman |
Years Active: | 1967–present |
Nationality: | Ugandan |
Citizenship: | Uganda |
Known For: | Wealth |
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Amos Nzeyi is a Ugandan businessman, entrepreneur, and industrialist. He is one of the wealthiest people in Uganda.[1]
Business interests
Nzeyi has owned the following businesses wholly or in part:
- Crown Beverages Limited – A bottler of Pepsi products. As of April 2013, he was chairman of the board and part-owner.[2]
- Hot Loaf Bakery – A bakery in Kampala, Uganda. He is the owner and chairman of the board.[3]
- White Horse Inn – A hotel in Kabale, Uganda. As of April 2015, he was the proprietor.[4]
- Nandos Restaurant – A fast-food restaurant in the center of Kampala, which Nzeyi formerly co-owned.[5]
- National Bank of Commerce – A small commercial bank, founded in 1991 by private investors, since closed by the Bank of Uganda.[6] [7]
Other responsibilities
Besides his personal business interests, Nzeyi has had the following public, fiduciary responsibilities:
- He is a former member of the board of directors of the Uganda Development Bank.[8]
- Nzeyi is the former chairman of the Uganda Manufacturers' Association. He was elected to a second and final two-year term in May 2015.[9]
- Dr. Amos Nzeyi is Honorary Consul for Mauritius in Kampala, Uganda. The Consulate of Mauritius is the first representation of Mauritius in Uganda established in 2018 following the appointment of Dr Amos Nzeyi as the Honorary Consul.
Temangalo Saga
In 2008, Nzeyi and Ugandan Security Minister Amama Mbabazi sold a parcel of land measuring 464acres at a price of US$12,000 per acre to the National Social Security Fund of Uganda (NSSF). The total price was US$5,568,000.
Subsequent inquiry into the transaction, commonly referred to as the Temangalo Saga, discovered irregularities in the transaction. Both the managing director of the NSSF and his deputy were sacked because of this transaction.[10] [11] In a subsequent cabinet reshuffle, Minister of Finance Ezra Suruma, whose ministry was responsible for supervising and approving the transaction, was dropped from the cabinet.
As of March 2010, the saga had not yet been resolved. 272acres of the land in question, including one of the personal residences of Nzeyi that sits on that land, had yet to be transferred to NSSF, despite having paid for it in 2008.[12] [13]
See also
External links
Notes and References
- Web site: Five Ugandan Multi-Millionaires You Should Know. Forbes. New York City. 2 July 2015. 6 November 2012. Mfonobong. Nsehe.
- Web site: 15 April 2013 . PepsiCo Chief Visits Uganda . 2 July 2015 . The Observer Reporter . The Observer. Kampala.
- Web site: Dorothy. 28 Years of Hot Loaves. 5 July 2015. 10 June 2014. Nakaweesi. Daily Monitor. Kampala.
- Web site: Amos, A Strictly Pepsi Nzeyi . 2 July 2015 . 1 April 2005 . . Kampala . Newvision Archive . dead . https://web.archive.org/web/20150703040750/http://www.newvision.co.ug/D/9/40/426725 . 3 July 2015 .
- Web site: Nzeyi, Business Partner in Legal Battle Over Nando's Restaurant. Emmanuel. Gyezaho. Daily Monitor. Kampala. 14 January 2013. 5 July 2015.
- Web site: Amos Nzeyi Defends Change of Kigezi Bank . . Kampala . Ephraim . Kasozi . 15 April 2014 . 2 July 2015.
- Web site: Nzeyi Explains Decisions in Commerce Bank Case . 2 July 2015 . 22 April 2014 . . Kampala . Andante . Okanya.
- Web site: Sylvia . Finance Releases USh2 Billion To Boost Uganda Development Bank . 2 July 2015 . 17 April 2006 . Juuko . . Kampala . dead . https://web.archive.org/web/20150703013609/http://www.newvision.co.ug/D/8/220/493591 . 3 July 2015 .
- Web site: Nzeyi Re-elected As UMA Board Chair, Outlines Top Priorities . 25 May 2015 . 2 July 2015 . . Kampala . Ismail Musa . Ladu.
- Web site: Why Museveni Fired Jamwa . 15 January 2009 . 2 July 2015 . . Kampala . dead . https://web.archive.org/web/20150703015505/http://www.independent.co.ug/cover-story/470-why-museveni-fired-jamwa . 3 July 2015 .
- Web site: Chandi Jamwa Jailed on NSSF Mess . 2 July 2015 . 22 June 2010 . Steven Candia . Edward Anyoli . Herbert Sempogo . Madinah Tebajjukira . amp . . Kampala . dead . https://web.archive.org/web/20150703032226/http://www.newvision.co.ug/D/8/12/723537 . 3 July 2015 .
- Web site: I Won't Give Up My House – Amos Nzeyi . 6 October 2008 . 2 July 2015 . Mary . Karugaba . . Kampala . dead . https://web.archive.org/web/20150703043227/http://www.newvision.co.ug/D/8/12/653338 . 3 July 2015 .
- Web site: NSSF Yet To Occupy Temangalo Land . . Kampala . Mercy Nalugo . Sheila Naturinda . amp . 2 July 2015 . 15 October 2010.