The National Resistance Movement ‘NRM’ Vice Chairperson of Eastern Uganda and also the patron of Uganda exporters and clearing Companies has revealed that over 80 Milk companies have been denied licenses to export milk to Kenya. Capt.Mukula says that as East Africa, they have an agreement of free trade across the region and it looks…
The Republic of Uganda’s investment authority was on Monday named the ‘Best FDI Project in the East Africa Community Region’ at the 12th edition of the Annual Investment Awards (AIM Global 2023) ceremony held in Abu Dhabi. The Uganda Investment Authority (UIA), which is the agency mandated to promote investment opportunities in the country, was…
Tirupati Development (U) Limited has floored KCB Bank in a case involving UGX 26 Billion ($7 million) loan. Genesis Last year, Tirupati Development Uganda Limited dragged Bank of Uganda (1st defendant), KCB Bank Uganda Limited, (2nd defendant), KCB Bank Kenya Limited, and Financial Intelligence Authority (FIA) – 4th defendant to court over a number of grievances…
The President of the Republic of Uganda, H.E Gen. (rtd). Yoweri Kaguta Museveni, has arrived in the Burundi capital, Bujumbura, to attend the 11th Summit of the Heads-Of-State and Government of the Signatory Countries of the Framework Agreement for Peace, Security and Cooperation for the Democratic Republic of Congo (DRC) and the region. He was…
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…
