Drake_Lubega

Drake Lubega

Drake Lubega

Ugandan businessman

Francis Drake Lubega, commonly known as Drake Lubega, is a Ugandan businessman. According to a 2012 report, he was one of the wealthiest people in Uganda.[1]

Businesses and investments

His investment vehicle is called Jesco Industries Limited (JIL). Drake is the majority shareholder. The company was incorporated on 7 October 2005. JIL owns and controls buildings and parcels of land in Uganda's capital city of Kampala and in areas outside that city.[2]

Personal life

Drake's first wife by traditional marriage is Nalongo Grace Nakitto; together they are the parents of seven children. Since separating from Nakitto, Drake dated Benita from 1997 and married her on 23 December 2000 at Namirembe Cathedral. The couple divorced in 2013 and Drake married a new wife in a Kiganda traditional ceremony. Together, they are the parents of four children.[3]

Conviction for dealing in substandard products

On 25 September 2019 Lubega was convicted on two counts of fabricating substandard goods that do not conform to the Uganda National Bureau of Standards (UNBS) standards and for making a false representation on a commodity by forging the UNBS logo following his confession after he had spent a night at Luzira maximum prison.[4][5]

References

  1. [1]
    Michael Kanaabi, and Ssebidde Kiryowa (6 January 2012). "Uganda: The Deepest Pockets". New Vision. Kampala. Retrieved 10 March 2016.
  2. [2]
    Lubwama, Siraje (20 June 2012). "Drake Lubega's wife files fresh suit over company". The Observer (Uganda). Kampala. Retrieved 10 March 2016.
  3. [3]
    New Vision (20 May 2012). "Tycoon Drake Lubega's wife files for divorce". New Vision. Kampala. Retrieved 10 March 2016.
  4. [4]
    "Standards Court Convicts City Businessman For Dealing In Substandard Products". www.unbs.go.ug. 25 September 2019. Retrieved 13 March 2023.
  5. [5]
    Kasoba, William (26 September 2019). "City tycoon Drake Lubega fined Shs60m for manufacturing substandard buvera, told to pay Shs2.6m more to help in the destruction process". Matooke Republic. Retrieved 13 March 2023.
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