The controversy between Crane Bank and Bank of Uganda came to an end after businessman Sudhir Ruparelia obtaining a final Supreme court order allowing him to revert Crane bank back to its shareholders. In January 2017, Crane bank was acquired by dfcu bank at Shs 200 billion after the central bank ruled that it was…
Oil Palm Uganda Limited (OPUL) has responded to a clarion dire need from islanders by donating medical items worth over UgX250m. This is part of OPUL’s Corporate Social Responsibility. Damanik Saridin,the General Manager for OPUL based in Kalangala District led a team of his management staff to donate medical supplies and theater equipments to Kalangala…
Sri Lanka’s president and prime minister agreed to resign Saturday after the country’s most chaotic day in months of political turmoil, with protesters storming both officials’ homes and setting fire to one of the buildings in a rage over the nation’s severe economic crisis. Prime Minister Ranil Wickremesinghe said he will leave office once a new…
Eight women and one man have died while five other people sustained serious injuries in a fatal road crash at Sinalya village in Bombo town council, about 38 kilometers into Luweero district along the Kampala-Gulu highway. The crash occurred after two vehicles collided at around 3pm on Saturday afternoon. It involved a commuter taxi, a…
Uganda’s richest man, Dr. Sudhir Ruparelia through his giving arm ‘The Ruparelia Foundation’ on Sunday, July 10th donated Shs10 million and a new ambulance worth millions to the Rotary Club of Nsangi towards the construction of a hospital. Sudhir, also the chairman of Ruparelia Group and an Honorary Member of the Rotary Club of Muyenga…
More than 400 residents in Hoima are on the verge of being forcefully evicted from their ancestral land. The affected residents are from the village of Ngobye in Buraru parish, Buraru sub county. They are feuding with Neko Isingoma, a prominent businessman in Hoima town over a piece of land measuring approximately 100 acres in…
Kampala Parents School continues to shine among the best schools in Uganda through its mission of leading in providing world-class education, inspiring and equipping students to be life long learners, to reach their full potential and be responsible global citizens active in shaping the future. The school now says that it sets co-curricular activities a priority…
The Supreme Court decision directing that Crane Bank Ltd be reverted to its owners has raised a lot of mixed feelings, for it comes with a legal and cost implication which in one way or another will affect the ordinary Ugandan. The costs associated with the case will naturally be forked from the consolidated fund…
Uganda’s richest man Dr. Sudhir Ruparelia and family has joined millions of Ugandans to wish a marvelous Eid al-Adha celebrations for the Muslim fraternity that is celebrated today. Through his social handles, Sudhir on behalf of his family shared, ”Wishing all of you a blessed Eid al-Adha From – Dr Sudhir & Jyotsna Ruparelia, Rajiv, Naiya…
The last two years have disrupted many things including the wealth of the rich class. The 2022 wealthy list favours those who invested in technology, real estate, health, food, logistics etc. Uganda’s new list of the wealthiest, according to sources, has also changed tremendously with big names such as Patrick Bitature, Charles Mbire, among others,…
