In early 2010 with an interest and passion in investment, particularly in stocks, our Entrepreneur of the Week Kajura Allan decided to start a company that invests in local securities. Allan asked a couple of friends to pool resources that could be invested in different securities through his Vision 5 Company.
Vision 5 invests in securities both in the Uganda Securities Exchange and Nairobi Stock exchange. The company holds securities in many listed companies in different sectors such as New vision ltd, Stanbic Bank, Bank of Baroda, National Insurance Corporation, East Africa Breweries Ltd, Jubilee Insurance, Safaricom, Kenya Re, Carbacid Kenya Etc The company in return gains from the dividends and capital gains from the investments.
The company also owns Small Enterprises SME’s that creates extra cash flow for its investments. The company has bought an internet cafe, laundry Service Company among others.
Through the Mara Foundation’s one-on-one mentorship programme, Allan was able to meet Richard Byarugaba Chief Executive Officer of National Social Security Fund, who showed him how to create systems and checks to follow investments and employees.
Vision 5 is growing into an investment holding company of Small Medium Enterprises SME’s that employs and impacts many youths through East Africa. They hope to invest in securities listed on The Mauritian Stock Exchange and Johannesburg Stock Exchange in the near future.
It is a good article. However, it has not brought out how those who are dealing in stock securities are making money from them. Please, I would like more details on this through email@example.com.
Well done Allan GOD BLESS YOU these are the kind of people Uganda needs JOB creators
Well Done Allan, i knew you would go places and i’m proud to watch you rise through the ranks.