Follow Mulwana’s pace for development

In his rise to national prominence, he displayed drive, passion and real patriotism to this country. Unlike other people who have tried to get rich quick, Mulwana took time to build his wealth.

The demise of the radical industrialist and godfather of local businessmen, James Mulwana is a major blow to Uganda’s economy.

The fallen legendary and industry mogul championed a number of enterprises that have stood the taste of time.

He has been the king of Uganda’s business scene, a financial paragon, an inspiration to young businessmen.
He started National House of plastics, Jesa Farm Dairy Limited, Nsimbe Estates Limited, commissioned the revival of Uganda Manufacturers Association (UMA) –one of the institutions representing the business community, and the board chairman of Standard Chartered Bank, among others.

In his rise to national prominence, he displayed drive, passion and real patriotism to this country. Unlike other people who have tried to get rich quick, Mulwana took time to build his wealth.

When he took the reins in 1961, in the import-export business, you would never imagine that he would become the accomplished businessman he has been for decades.

In an economy marred with graft, where people stash their savings in foreign banks, Mulwana remained true to his countrymen, multiplying his wealth at home. When political instability set in the early 70s and 80s, his businesses were affected although he soldiered on when stability set in.

He also encouraged small-scale businesspeople to invest in the stock market to grow their fortune.
Yet, there is more to Mulwana than that. He was one of the key figures that shaped the direction that Umeme’s Initial Public Offering has taken.
Although Mulwana may be among the last breed of entrepreneurs this country will ever have, his career holds two powerful lessons for Uganda.

One, that Ugandans can set the pace for development, if only they change their attitude towards work. And two, that you can be your own driver for progress.

If you care about Uganda’s future, purpose to be the new breed of Mulwana.