Ugandan tycoon Ponsiano Ngabirano's Kampala Marriott valued at $167 million
Uganda's NSSF paid $50 million for 30% of the Kampala Marriott built by supermarket tycoon Ponsiano Ngabirano, valuing the hotel at about $167 million.
Ponsiano Ngabirano
Ugandan retail tycoon Ponsiano Ngabirano opens Kampala's first flagship Marriott hotel
President Museveni opened Ponsiano Ngabirano's 277-unit Kampala Marriott on Aug. 27, the first Marriott Hotels property in Uganda.