Shafique Katumba A.Okay.A. Katsha De’Financial institution: Uganda’s Web Entrepreneur

Shafique Katumba, popularly often known as Katsha De’Financial institution is a pc programmer, IT specialist, and well-known from Uganda. He’s the founder and CEO of the Katsche Know-how group primarily based in South Africa.

He is likely one of the wealthiest businessmen in Uganda who owns different corporations such because the Cash Staff Africa. Although Katsha De’Financial institution is a businessman, he’s widely known for his flashy way of life.

This text offers with the skilled and private lifetime of Katsha De’Financial institution. Carry on studying to find out about Kash De’Financial institution

Who Is Katsha De’Financial institution?

Katsha De’financial institution can be well-known by the identify “Warren Buffet of Uganda”. He places a variety of effort into increase a large fortune because the founding father of quite a few companies. Resulting from his fast rise financially, he earned the identify “Warren Buffet of Uganda.”

Katsha De’Financial institution earned most of his wealth by way of actual property, banking, expertise, and internet hosting sectors.

Katsha De’Financial institution was born and introduced up in Kampala. He’s the second son of Al Haji Nasri Sekitoreko and Monica Kabali. He was born on Might 29, 1988, at Kampala Mulago Hospital.

What Is The Instructional Background Of Katsha De’Financial institution?

Katsha De’Financial institution did his main schooling at Catherine Major Faculty. He was the one scholar within the Kayunga district to obtain a Distinction in Arithmetic in Kangulumira in 2002. 

After finishing his fundamental education, Katsha De’Financial institution continued his research at Yale Excessive Faculty in Kayunga. He graduated from the varsity in 2003.

Afterward, he went on to Saint Pontiano Ngondwe Senior Secondary, the place he graduated in 2006. 

How Did Katsha De’Financial institution Start His Profession?

After finishing his faculty research, Katsha De’Financial institution’s mom gave his cash to journey to america to proceed his research there. He utilized to Harvard College twice however was turned down.

Because of the continued rejection from the college, he determined to make use of all the cash he had for his research to begin a software program firm. It was the breakthrough he had that made him a millionaire. 

The Kashta Worldwide School in South Africa, which has as much as 5 areas, is run by Kashta De’Financial institution. It has its headquarters in Johannesburg. Based on the experiences, the faculty is having a global commonplace and gives top-quality instruction to each residents and worldwide college students.

Many college students enrolling in a number of programs provided by these schools are taught by well-known professors all over the world. The school authorities present the scholars with lodging additionally. 

He based Worlhost.com, Thekatsha Basis.org, and Katschetechgroup.com as properly. Worlhost.com and Thekatshafoundation.org are corporations that function in South Africa and Uganda and centered on data expertise and computer systems. 

In august 2019, he established Thekatshafoundation.org  in Uganda to assist younger underprivileged college students in getting a superb schooling. He claimed that he was concerned with studying what number of minors had been being employed in Uganda’s labor market illegally.

Katsha disclosed that he would set up a faculty in Mityana the place all of the recipients would obtain an schooling from main to highschool. 

The muse is actively engaged in lots of different social actions however the vital one amongst them is schooling. De’Financial institution has a dream to see each youngster from an underprivileged class be admitted and given high-quality schooling.

The group not solely gave schooling to underprivileged college students but additionally gave monetary assist to them. He wished to make these college students a big useful resource for society. 

Additionally Learn:- Uganda Launches Its First Business Oil Drilling Program

Who Is Kashta De’Financial institution’s Girlfriend? Does He Have Any Kids?

Kashta De’Financial institution has been relationship Shakirah Kayihura since 2015. When the couple began relationship there have been quite a few rumors that their relationship wouldn’t final lengthy and sure folks claimed that Shakirah will not be scorching sufficient so far De’Financial institution.

However the couple remains to be having a superb relationship and in addition they collectively have two lovely kids.

De’Financial institution and Shakirah had their first youngster within the subsequent 12 months that they began relationship and the second youngster in 2017. They named their first youngster Prince Shahzad Katumba and the second Shahmeen Katumba. 

The couple is having a good time along with their kids celebrating the success of Kashta De’Financial institution. 

How A lot Is The Internet Value Of Kashta De’Financial institution?

Kashta De Financial institution is called one of many wealthiest folks in Uganda and in addition as a profitable enterprise tycoon. The 35-year-old Ugandan businessman is meant to have an estimated web price of $35 million.

Other than being a businessman, De’Financial institution is usually recognized for his luxurious and classy way of life. He’s very a lot concerned with luxurious vehicles and so he owns numerous vehicles.

Mclaren MP4-12C, Bentley Continental GT, Lamborghini Gallardo, Maserati Quattroporte, and BMW i4 are a couple of of the vehicles that Kashta De’Financial institution owns. 

What Was The Controversy That Kashta De’Financial institution Got here Throughout?

In 2015, De’Financial institution was arrested in South Africa on suspicion of fraud. The alleged fraud has brought about the South African authorities monetary loss. Nevertheless, later that 12 months, the courtroom ordered his launch on bail. 

Learn Extra:- Joshua Cheptegei: Uganda’s Biggest Lengthy-Distance Runner