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Amos Nzeyi
Buninessman and Industrialist

Amos Nzeyi

The basics

Quick Facts

Intro
Buninessman and Industrialist
Work field
Gender
Male
Place of birth
Kabale District
The details (from wikipedia)

Biography

Amos Nzeyi is a Ugandan businessman, entrepreneur, and industrialist. He is one of the wealthiest people in Uganda.

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.
  • Hot Loaf Bakery - A private bakery in Kampala, Uganda. He is the owner and chairman of the board.
  • White Horse Inn - A private hotel in Kabale, Uganda. As of April 2015, he was the proprietor.
  • Nandos Restaurant - A fast-food restaurant in the center of Kampala, which Nzeyi formerly co-owned.
  • National Bank of Commerce - A small commercial bank, founded in 1991 by private investors, since closed by the Bank of Uganda.

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.
  • Nzeyi is the chairman of the Uganda Manufacturers' Association. He was elected to a second and final two-year term in May 2015.

Temangalo Saga

In 2008, Nzeyi and Ugandan Security Minister Amama Mbabazi sold a parcel of land measuring 464 acres (1.88 km2) 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 terminated because of this transaction. 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. 272 acres (1.10 km2) 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.

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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Temangalo Saga

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