Charles Mbire

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Charles Mbire
Born 1959 (age 57–58)
Mparo, Rukiga District
Residence Nakasero, Kampala, Uganda
Nationality Ugandan
Citizenship Uganda
Alma mater Essex University
(Bachelor of Science in Economics)
Leicester University
(Master of Business Administration)
Occupation Chairman[1]
MTN Uganda
Eskom Uganda
Uganda Securities Exchange
Rift Valley Railways[2]
Years active 1980s — present
Known for Wealth
Home town Kabale
Net worth US$200+ million (2012)
Title Chairman
MTN Uganda

Charles Magezi Mbire is a businessman, entrepreneur, and industrialist in Uganda. He was reported to be the wealthiest indigenous Ugandan, with an estimated net worth exceeding US$200 million as of January 2012.[3]


Mbire was born Charles Magezi in 1959 to Ponsiano Mbire and Thereza Mbire in Mparo, Rukiga District, southwestern Uganda. He is the third-born in the family with three sisters, two of them older than him, and two younger brothers.[4] He attended Kabale Primary School and Kitante Primary School for his elementary education. He studied at St. Mary's College Kisubi for his O-Level education. He then attended Namasagali College for his A-Level studies.[5] He studied business and economics and graduated with the honors degree of Bachelor of Science, from Essex University in England. He went on to obtain a Master of Business Administration from Leicester University, also in the United Kingdom. His investments are in telecommunications, finance, energy, real estate, pharmaceuticals, agribusiness, and transportation.[citation needed]

Business interests[edit]

Mbire is part owner and member of the board of directors of the following Ugandan businesses:[6]

  • Afro Alpine Pharma Limited
  • East Africa Fish Farming Limited
  • Eskom Uganda Limited
  • Invesco (Uganda) Limited
  • MTN Communications Uganda Limited
  • Polino Holdings Limited
  • Sunco Investments Limited
  • Bomi Holdings Limited
  • Rift Valley Railways[7]
  • Chui Investments Limited - An investment company specializing in the construction, operations and ownership of small and medium-sized power stations in Uganda[8]

Other responsibilities[edit]

Mbire was appointed chairman of the Uganda Securities Exchange in 2010. He is also a member of the Presidential Investor Roundtable, an elite group of businesspeople who advise the President of Uganda on how to improve business competitiveness and business conditions in the country.[9]

Net worth[edit]

In December 2008, it was estimated that Mbire's net worth exceeded US$65 million.[10] In January 2012, his net worth was estimated to have increased to greater than US$200 million.[3]


See also[edit]


  1. ^ Newvision, Archive (8 February 2008). "Mbire Now Courts Ecobank". New Vision (Kampala). Retrieved 14 October 2014. 
  2. ^ URN Reporter, . (2 September 2008). "Mbire Appointed To Rift Valley Railways Board". Uganda Radio Network (URN). Retrieved 4 May 2015. 
  3. ^ a b Michael Kanaabi, and Ssebidde Kiryowa (January 2012). "Uganda: The Deepest Pockets". New Vision Mobile (Kampala). Archived from the original on 21 October 2014. Retrieved 14 October 2014. 
  4. ^ Newvision Archive, . (2 February 2006). "Mama Mbire: 71 And Still Thinking Big". New Vision (Kampala). Retrieved 4 May 2015. 
  5. ^ Administrator (2014). "Dr. Charles Magezi Mbire". Public Opinions Publications (Uganda). Retrieved 4 May 2015. 
  6. ^ "Ugandan Entrepreneur Extraordinaire, Charles Mbire, Capitalist With A Human Face". Franklin.Ws. Retrieved 14 October 2014. 
  7. ^ Ainebyoona, Emmanuel (22 September 2014). "New RVR Trains To Boost Cargo Volumes, Says Company Official". Daily Monitor (Kampala). Retrieved 14 October 2014. 
  8. ^ Mugabe, David (7 December 2010). "National Grid To Get 200MW Boost". New Vision (Kampala). Retrieved 14 October 2014. 
  9. ^ Mugabe, David (4 November 2010). "Bourse Get New Chair". New Vision (Kampala). Archived from the original on 21 October 2014. Retrieved 14 October 2014. 
  10. ^ Newvision, Archive (26 December 2014). "Mbire At It Again". New Vision (Kampala). Retrieved 14 October 2014. 

External links[edit]