The source of Sentongo Haruna’s wealth has been revealed. The 29-year-old billionaire who owns Haruna Mall in Ntinda Started started making money in his O level vacation
News on our desk shows that the tycoon who was born to Haji Segawa in a family of 6 and later did a business degree at Makerere got little capital from his father, invested it business and became one of the richest men in town.
Haji Segawa gave some capital to Haruna in early 2000 to do business while studying and Haruna started importing ladies bags from china. He could later sell them at a relatively high profit margin both on wholesale and retail.
In 2005 he expanded and owned a very big furniture shop on bed Kiwanuka Road. He could import furniture from China and distribute to homes, Offices and hotels in Uganda, South Sudan, Congo and Rwanda.
In 2007 Haruna diversified and Started Importing garments from China, Thailand, Malaysia and Distributes them to Kenya, Rwanda, South Sudan Congo & within Uganda both at Wholesale and retail basing from Mukwano Arcade. He could also supply to a n umber of retailers within the city Centre. Given his large volume of sales from his garments and Furniture shops, he generated some reasonable savings that enabled him to purchase and prime Plot of Land along bombo Road in Wandegeya and also start the first phase of construction.
In 2011, he established Haruna Enterprises, a limited liability company through which he obtained loan facilities to complete his first property and also setup other shopping malls as well as starting the first phase of the construction of his fist renown Shopping Mall (Haruna Towers).
Haruna later on obtained a loan facility from Diamond Trust bank to complete his building and continued the with the process until now.
Buildings owned by Haruna
Haruna Mall Ntinda 
Haruna Towers Wandegeya 
Haruna Towers Kisenyi 
Segawa Market Mengo 
Nakayiza Market Kisenyi
We will keep you posted.
By Namanya Charity
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