National NewsTop StoryTrending & Latest News

Hotel Africana Hangs in Balance as BMK’s Family Feuds Intensify

By Dean Lubowa Saava

The legacy of Bulaimu Muwanga Kibirige, one of Uganda’s most celebrated businessmen, is on shaky ground. BMK, a self-made entrepreneur, built a vast business empire that spanned hospitality, real estate, and trade, with Hotel Africana as his flagship investment.

However, since his passing in 2021, his empire has been plagued by bitter family feuds and legal battles.

At the heart of the conflict is BMK’s eldest son, Ali Muwanga Kibirige, who was named as the heir to his father’s business empire in his will. Ali has been locked in a series of court battles with his siblings and stepmother, including a recent loss in a Court of Appeal case over a prime property in Buziga.

The ruling allows Yako Bank to sell the property as part of a loan dispute, which Ali claims was acquired fraudulently by his younger brother, Haruna Kalule Muwanga.

The Kibirige family’s troubles are not unique. In Uganda, the demise of a business patriarch often triggers family wrangles, leading to the downfall of once-thriving enterprises.

The cases of Andrew Kasagga and Godfrey Mabirizi, whose construction and real estate empires crumbled after their passing, serve as cautionary tales.

At the root of the problem is a lack of clear succession planning. Family businesses in Uganda need stronger governance structures to ensure stability.

 As the fate of BMK’s empire hangs in the balance, one thing is certain – Hotel Africana remains a beacon of his vision, but for how long? Only time will tell if BMK’s family can reconcile and preserve his legacy.

Related posts

Acholi Leaders and President Museveni Commit to Socio-Economic Transformation

Barbra Zeka

Uganda’s ISO Chief Brigadier Charles Oluka Passes Away

Barbra Zeka

NEMA Releases Document Listing Land Titles in Wetlands that are Cancelled and Others Left on Question Marks

Cathy Mirembe

BUDGET: ONE SIDED BUDGET ON PUBLIC ADMINISTRATION PROGRAMS IN FY 2024/2025

admin

Nalukoola’s Election Overturned New Kawempe North Poll Ordered

Barbra Zeka

Errant Buikwe RDC Suspended Over Illegal Eviction and Corruption

Cathy Mirembe

Reasons Behind Obua’s Short Spell At URA As Head Coach

Dean Lubowa Saava

Luwero District Seeks Answers: Luwero Headteachers Summoned to Explain Poor Performance

Dean Lubowa Saava

HOW SAFE IS YOUR MONEY IN THE BANK?

admin

REBRANDING : The MK Movement Adopts A New Name.

Dean Lubowa Saava

Leave a Comment