Patrick Bitature
| Patrick Bitature | |
|---|---|
| Born |
1 January 1962[1] Uganda |
| Residence | Kampala, Uganda |
| Nationality | Ugandan |
| Citizenship | Uganda |
| Education |
General Education Namasagali College, Namasagali, Uganda Administration Institute of Chartered Secretaries and Administrators, United Kingdom |
| Occupation |
Chairman Umeme Electromaxx Uganda Uganda Investment Authority Director Global Trust Bank New Vision Group National Insurance Corporation |
| Years active | 1990s — present |
| Known for | Investments, Wealth |
Patrick Bitature is a Ugandan businessman, entrepreneur and industrialist. He is one of the wealthiest people in Uganda.[2]
Background
Bitature started his business empire with a single company, Simba Telecom, then a retail chain dealership, in MTN air-time. From there he expanded into broadcasting, with the acquisition of Dembe FM radio station, followed by Simba Electronics, an upscale electronics chain of stores. He also has interests in insurance, banking, hotels and resorts. Today, his businesses have subsidiaries in Uganda, Kenya, Tanzania and Nigeria.[3]
Education
He attended Namasagali College, in Kamuli District, under the headmastership of Father Damien Grimes.[4] Bitature is an Associate Member of the Institute of Chartered Secretaries and Administrators (ICSA), in the United Kingdom.[5]
Business Interests
Patrick Bitature owns the following businesses either wholly or in part:
- Simba Telecom Uganda - Uganda
- Simba Telecom Kenya - Kenya
- Simba Telecom Tanzania - Tanzania
- Simba Telecom Nigeria - Nigeria
- Simba Electronics Limited - Uganda[6]
- National Insurance Corporation[7] - Uganda
- Global Trust Bank - Uganda
- Electromaxx Limited - Uganda - The owner-operators of Tororo Power Station, a 50MW Diesel thermal power-plant that uses imported heavy fuel oil to generate electricity.
- New Vision Group[8] - Uganda
- Kampala Protea Hotel, Kololo, Kampala - Uganda[9]
- Simba Tours and Travels - Uganda
- Simba Distributors Limited - Uganda
- Simba Properties Limited - Uganda
- Simba Forex Bureau Limited - Uganda
- Blitz Video & Ice Cream Limited - Uganda
- Simba Diary Farm - Ibanda District, Western Uganda[10]
Other responsibilities
In addition to his private business interests, Patrick Bitature serves in the following public fiduciary positions:
- He currently serves as the Chairman of the Board of Directors of Umeme, the electricity distribution company in Uganda.[11]
- He is a Member of the Board of Directors of National Insurance Corporation
- He is a Member of the Board of the New Vision Group
- He is a Member of the Board of Global Trust Bank
- He is a Member of the Board of Directors of Radio West FM 100.2, a subsidiary of the New Vision Group.
- He is the Chairman of the Board of Uganda Investment Authority
External links
- Interview With Patrick Bitature Entrepreneur & Corporate Executive
- List of Wealthiest Ugandans
- National Insurance Corporation Homepage
- Uganda Investment Authority Homepage
- Simba Telecom Homepage
- Electromaxx Uganda Limited Homepage
Photos
See also
- Global Trust Bank
- National Insurance Corporation
- Umeme
- Tororo Power Station
- Uganda Investment Authority
- List of wealthiest people in Uganda
References
- ↑ Patrick Bitature Was Born In 1962
- ↑ Who Are The Richest People In Uganda?
- ↑ The Beginning of The Bitature Empire
- ↑ Bitature Attended Namasagali College
- ↑ The Academic Qualifications of Patrick Bitature
- ↑ Simba Electronics Opens Maiden Store At Lugogo Mall
- ↑ Shareholding of NIC
- ↑ Bitature Is Minority Shareholder in New Vision Group
- ↑ Patrick Bitature Owns Kampala Protea Hotel
- ↑ Bitature "Milks" Cash From High-Breed Animals
- ↑ Patrick Bitature Appointed Chairman Umeme