BUSINESSFEATURED STORYPERSON OF INTEREST

Meet Mombasa Billionaire Philanthropist Feuding With County

Share
Hasmukh Patel poured Ksh700 million into the redevelopment of Kibarani dumpsite.
Hasmukh Patel poured Ksh700 million into the redevelopment of Kibarani dumpsite.
Share

Hasmukh Patel, known to many residents of Mombasa simply as Hasu, is one of the Coastal city’s biggest industrialists and philanthropists. The sheer size of his empire as well as his commitment to philanthropy in sectors including health, environment and education have made him a towering figure in Mombasa, with great influence.

One of his companies, Mombasa Cement, is currently locked in a raging feud with the Mombasa county government, led by Governor Abdulswamad Sharrif Nassir. Mombasa Cement carted away sculptures previously erected at city roundabouts, to be taken to nearby Kilifi county, in what was widely perceived as retaliation for the county’s move to oversee Patel’s donations at various public hospitals in the county.

The Governor has insisted that he is not opposed to the philanthropy, but argues that the lack of involvement of the county government has led to confusion. Patel has been responsible for clearing medical bills worth millions of shillings and helping equip county hospitals.

“There are no two ways about it; we will have order and discipline and I don’t see why anyone would be opposed to that,” Governor Nassir stated, adding “If you want to do that (donate), we thank you and even pray for your blessing, but we cannot have a case where 40 hospitals are writing to donors for x-ray machines and all these things, and the boss does not know.”

Hasu established Mombasa Cement in 2007. By 2018, it had grown to control 15.2% of the cement market with its Nyumba Brand, second only to Lafarge Holding’s Bamburi Cement brand. He holds a bachelor’s degree in Business and Business Management from Kingston University in London, United Kingdom. He is also the director of Tororo cement in Uganda and Corrugated Sheets ltd in Kenya.

READ>Zimele: David Ndii’s Multi-Million Wealth Management Business

One of his biggest philanthropic activities was his Ksh700 million contribution to the conversion of the Kibarani dumpsite in Mombasa to a park, ridding it of the foul stench that welcomed all visitors to the city.

“There is an important philanthropist. It will be unfair if I do not recognise him for the work that he has done for us,” noted former Mombasa Governor Ali Hassan Joho at one function.

He also started the feeding programme Sahajanad Feeding Centre in 2008 to provide meals to thousands of poor individuals, and Sahajanand Special School that provides basic needs and education for over 5,000 pupils.

Other philanthropic activities Hasu has engaged in include donating over 50 lorries for garbage collection, providing clean water in slums using trucks, building sheds including at Likoni ferry and concrete fences around schools and police stations.

NEXT>Inside Aden Duale’s Hotels in Nairobi, Garissa

 

 

 

 

 

 

Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Esther Koimett
BUSINESSFEATURED STORYNEWSPERSON OF INTEREST

 Esther Koimett Appointed Kenya Airways Non-Executive Director

Esther Jepkemboi Koimett, a career hard-nosed civil servant, has been appointed by...

Gold bar lot. PHOTO/Pexels
BUSINESSFEATURED STORYMARKETSSTOCKS

 Absa NewGold ETF Investors Win Big as Global Gold Prices Surge

Absa NewGold ETF, listed at the Nairobi Securities Exchange(NSE) with a market...

East African Portland Cement (EAPC)
FEATURED STORY

East African Portland Cement Unveils KSh 25.8 Bn Upgrade Plan

East African Portland Cement(EAPC), the owner of Blue Triangle Cement Brand, has...

CBK. Kenya's top monetary policy think tank
BUSINESSECONOMYNEWSSTOCKS

Central Bank of Kenya Seeks KSh 50 Bn in February Bond Sale

Central Bank of Kenya(CBK), the state fiscal agent is seeking to raise...