Patrick Bitature | |
---|---|
Born |
Fort Portal, Uganda |
10 May 1960
Residence | Kampala, Uganda |
Nationality | Ugandan |
Citizenship | Uganda |
Alma mater |
Namasagali College (East African Certificate of Education) Nyakasura School (East African Advanced Certificate of Education) Institute of Chartered Secretaries and Administrators (Fellow) United Graduate College and Seminary International (Honorary Doctorate) |
Occupation | chairman Umeme Electromaxx Uganda Private Sector Foundation Uganda |
Years active | 1990s – present |
Known for | Investments, business |
Home town | Fort Portal |
Net worth | US$100 million (2012) |
Title | Dr. |
Patrick Bitature is a Ugandan businessman and entrepreneur. He is the founder and chairman of the Simba Group of Companies, an East African conglomerate, with interests in telecoms, energy production, mining, media, real estate, travel, and leisure. He is the co-owner of Protea Hotels. He is reported to be one of the wealthiest individuals in Uganda.
Bitature was born 10 May 1960 in Fort Portal, Kabarole District in the Western Region of Uganda. He was the first born in a middle-class family. When he was 13 years old, his father was murdered during the Idi Amin regime. He then became the bread winner, trading in sugar, clothing, shoes, and foreign currencies. Later, he expanded into mobile telephones and mobile airtime distribution.
Bitature attended Namasagali College in Kamuli District for his O-Level education. While there, he was mentored by Damien Grimes. He later attended Nyakasura School in Fort Portal, Kabarole District for his A-Level education. He then studied at the London School of Accountancy in the United Kingdom. He then joined the Institute of Chartered Secretaries and Administrators. He holds the rank of fellow of the institute. In 2013, he was awarded an honorary doctorate degree by the United Graduate College and Seminary International, based in Asheville, North Carolina.
In 1998, Bitature started a company that he named Simba Telecom Limited. The company became a franchisee of MTN Uganda, which had just opened in the country. Simba Telecom has grown into the largest seller of MTN airtime in Uganda, with gross sales in excess of US$80 million in 2010.
Over the years, he has formed other companies within the Simba Group of Companies, with subsidiaries in Uganda, Kenya, and Tanzania. Some of the companies in the group include the following: