By Abdul Rahman Suagibu –
NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- Mukwano Industries Empire Founder Amirali Karmali has died. Sources close to the family confirmed on Wednesday. The 89 years who is fondly called Mukwano met the heads of his ancestor at his home in Kololo in the capital Kampala. He was reported to have died of heart complications.
He was the founder of the Mukwano Group of Companies, a company that came to the lime light with high interests in agriculture, logistics, real estate and banking.
Born in 1930 to a business family, Karmali first worked as a shop assistant. He moved to Mbarara in Western Uganada for a brief stay before transferring to Mpigi closest to Kampala, where he traded in cotton and coffee.
His family later moved to Fort Portal, Tooro Kingdom near the DR. Congo border where their business took off.
In the 1960s young Mukwano ventured into the transport business, after purchasing a second-hand truck which he used to transport agricultural produce to Kampala.
In 1972, when the then Ugandan President Idi Amin ordered the expulsion of Asian minority, Karmali was one of the few individuals that successfully used network of local contacts to lie low and stay in the country “hidden by good Samaritans”.
He was capacitated to rebuild his business in the 1980s after the fall of Amin.
Mukwano Group employs about 10,000 people, according to its reports.
Its subsidiary companies include Mukwano Enterprises Limited, Ak Oils and Fats, AK Plastics, AK Detergents, Rwenzori Commodities – a forex bureau and Gulf Strean Investments Limited.
In real estate, Mukmano built the Acacia Mall and a number of other malls in the city.
Following his deteriorating health, Karmali relocated to his home in Fort Portal leaving the business to his children led by his son Alykan Kamali
For New Africa Business News Abdul Rahman Suagibu Reports, Africa Correspondent
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