Recently Kenyan Government announced that had lifted trade barriers on milk products from Uganda.This announcement came with a huge boost to exporters of powdered milk to Kenya. In a letter to Kenya milk importers by the Kenya Ministry of Agriculture and Livestock Development signed by Harry Kimtai, the principal secretary at the ministry, suspended a…
Tycoon Sudhir Ruparelia has been ranked among the 20 richest people in Africa weighing over 1.4 Billion dollars. Sudhir Ruparelia is a Ugandan businessman who made his fortune in real estate and he is the founder and chairman of the Ruparelia Group, a conglomerate with interests in insurance, hospitality, real estate, and education. Ruparelia is…
The total investable wealth currently held on the African continent amounts to USD 2.4 trillion and its millionaire population is expected to rise by 42% over the next 10 years, according to the latest 2023 Africa Wealth Report, published by Henley & Partners in partnership with New World Wealth. The report reveals that Africa’s ‘Big…
This website can exclusively report the great offers for this Easter season brought to you by the luxurious Speke Resort Hotel. The ever-innovative team at Ruparelia group has now introduced the Easter Sunday Bubbly Brunch where the adult clients will be served all tribes of delicious meals at UGX150,000 and the young ones will be…
British American Tobacco (BAT) Uganda and BAT Kenya are on the spot following an investigation which reveals that the companies may have taken advantage of the loopholes in tobacco control governance systems and control the illicit trade of Tobacco products to dump illicit cigarettes into the country. A spot check market survey has since established…
The government of Uganda and real estate muloodi Sudhir Ruparelia are set to construct a joint venture Convention Centre at Commonwealth Speke Resort Hotel Munyonyo at a cost of USh 147 billion. There is great urgency around the Convention Centre project, which must be completed and fully functional within 8-9 months in order to host…
Leaders in the banking industry say that they have failed to identify people who qualify for the government’s COVID-19 relief fund meant for small and medium enterprises. It comes a few days after the Bank of Uganda revealed that only Shillings 6 billion out of the Shillings 200 billion Small Business Recovery Fund (SBRF), which was…
Uganda’s richest man Dr Sudhir Ruparelia has spilt secrets about why Uganda is a land of opportunities which propel businesses to thrive. The money magnet further revealed how accommodative Ugandans are, a reason some foreign families have been able to live in the country for over 120 years and have succeeded in establishing a chain…
When you ask most Ugandans about famous names of successful businessmen in Kampala, one name will fetch you many mentions. The name and the man himself is Hamis Kiggundu, one of Uganda’s youngest billionaires. Born in February 1984 to Mr. Haruna Segawa and Mrs. Nakayiza Jalia Segawa in Kalungu, Masaka, Kiggundu popularly known as Ham…
Businessman Sudhir Ruparelia and the government of Uganda agreed to build a modern Convention Centre at Commonwealth Speke Resort Munonyo. The centre will host 3,000 delegates and its first conference will be the Non-Aligned Movement (NAM) scheduled for this year. The signing of the Memorandum of Understanding (MoU) between Sudhir and government was done in…
