Katumwa’s changing fortune

Sep 26, 2008

The last time we heard, he was constructing a multi-million dollar hotel somewhere on Entebbe Road. That was beside his money-lending services amongst other businesses.

The last time we heard, he was constructing a multi-million dollar hotel somewhere on Entebbe Road. That was beside his money-lending services amongst other businesses.

Now, it would seem, sports equipment dealer, David Katumwa has completed his metamorphis from local sports dealer to international businessmen.

Snoops say Katumwa recently bought 60% shares in Chorcex Sports Company in Nagano, Japan. Chorcex have been Katumwa’s major suppliers. Snoops say the deal has translated into bigger things for Katumwa already and he is soon shifting his sports centre from his crammed premises on Ben Kiwanuka Street to take up two entire floors of a new building opposite Hotel Equatoria.

When complete, the show room will be the largest and only one of its kind in East and Central Africa! Way to Go Katumwa.

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