Patrick Bitature Biography
1. Who is Patrick Bitature?
Patrick Bitature is a Ugandan business magnate. He is the Founder and Chairman of Simba Group of Companies He is one of the Top 5 Wealthiest Men in Uganda with an estimated net worth of US $600 million.
2. When was Patrick Bitature born?
Patrick Bitature was on May 10, 1960 in Fort Portal in Western Uganda. He lived in Foort Portal throughout his childhood starting his early childhood education, before moving to Jinja for High school education.
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| Patrick Bitature at Conference |
3. What is Patrick Bitature tribe?
Patrick Bitature’s tribe is a Mutooro from the Toro Tribe in Western Uganda. He was born in Toro Kingdom in the Fort Portal the Uganda Tourism City where he lived and grew up throughout his Childhood.
4. What is Patrick Bitature education Background?
Patrick Bitature studied from Namasagali College where he finished his O level education before joining Nyakasura School in Toro Kingdom where he received his Uganda Advanced Certificate of Education. He graduate from Institute of Charted Secretaries and administrators. He was awarded his doctorate Degree by the United Graduate College and Seminary International in North Carolina.
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5. How did Patrick Bitature become rich?
Patrick Bitature got his Wealth from the Various companies, in Uganda which he started under his Flagship Company and organization Simba Group of Companies which he started while still in his youth days in 1998 when he opened his company officially in registration.
6. What was Patrick Bitature $10 million loan 2022 case and saga?
Patrick Bitature was involved in a Loan Saga with Vantage Capital. Simba Group signed a Mezzanine Term Facility Agreement of us $10,000,000 which was later delayed to be paid by Simba due to some reasons in ACTIVITES WHICH LED TO Vantage suing Simba Group for failure of payment due to High interest rates increased by the company. Simba later took matters to court to seek for help against Vantage failure to reconcile.
7. Who are Patrick Bitature children?
Patrick Bitature has four children with Wife Carol including Nataliey Batature, Tailey B Patrick Bitature.
8. Which companies does Patrick Bitature own?
Patrick Bitature owns various Companies including Simba Telecoms Limited, Kampala Protea Hotel, Electromaxx Limited which is the Biggest developer in Thermal Power in Uganda, Simba Diary Farm, Tororo Solar Power Station among other companies under his Flagship company.
9. Who is Patrick Bitature wife?
Patrick Bitature is married to Wife Carol Bitature whom he has been with for over 20 years since their marriage and toghter the couple has four children.
10. What is Patrick Bitature net worth?
Patrick Bitature has a net worth of US $600 million making him one of the Top 5 richest men in Uganda. His net worth is Highly due to his Majority ownership of his Conglomerate Simba Group of Companies which is estimated at a valuation of 650 million US Dollars in which he is the majority share Holder.
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