Mohammed Hamid (entrepreneur)

Not to be confused with Mohammed Hamid (terrorist).

Mohammed Hamid
Born1976 (age 47–48)
Wau, Sudan
NationalityUgandan
Alma materMakerere University
Occupation(s)Businessman, entrepreneur, investor
Years active1987 - present

Mohammed Hamid (born 1976) is a Ugandan businessman. He is the owner and chairman of the executive board of directors for the Aya Group.[1]

In July 2015, he was reported by Forbes to be one of the richest Ugandans with a net worth of USD$200 Million but run bankrupt in April 2023 after liquidation of his company AYA investments Uganda Ltd started resulting from failure to clear accumulated debts from creditors, suppliers, utility bills and government taxes.[2][3][4]

  1. ^ Independent, The (25 April 2023). "How Aya Hotel owner went bankrupt". The Independent Uganda. Retrieved 3 November 2023.
  2. ^ Nsehe, Mfonobong (7 February 2015). "Meet Mohammed Hamid, The $200 Million Milling Tycoon Of Uganda". Forbes.com. Archived from the original on 7 February 2015. Retrieved 9 February 2016.
  3. ^ URN (25 April 2023). "How Aya hotel owner went bankrupt". The Observer - Uganda. Retrieved 3 November 2023.
  4. ^ "Fresh Cuts wants court to declare Aya bankrupt". Monitor. 9 June 2021. Retrieved 3 November 2023.