The rumour mill has been awash with stories that young tycoon Hamis Kiggundu of Ham Towers was choking on a $60m debt and that he had put up his palatial lakeside mansion for sale to ease the financial burden.
Ham who owns several shopping centres around town like Ham Towers in Wandegeya and Ham Shopping Mall in Nakivubo has come out to pour cold water on the rumours.
“It’s real heart breaking how Ugandans real luv to see others go down. Please am not selling my house and financially am very very ok,” he posted on his Facebook wall.
“Let’s clear our hearts and just invest our time in hard work to change our lives and build our nation. Insha Allah Uganda will develop,” he dispensed some advice.
“I may not be the most hardworking Ugandan but with Allah’s blessings anything is possible for I am really blessed thank u God,” he concluded.