The extension of Kabira Country owned by city tycoon Sudhir Rupaleria has redefined the skylines around Bukoto-Ntinda areas with the new leisure facility imposing a magnificent image in the area. The leisure facility, once complete, will be East Africa’s biggest leisure hotel with more rooms than any other facility. According to sources, City business magnet…
Kampala: A top Kampala software engineer has come out to share with Ugandans his ‘frustrating and exploiting’ experience with Airtel Uganda Data bundles alleged ‘fraud’. Mr Tito [not real name, prefers anonymity] who was once Airtel Uganda’s proud customer is now spitting venom after company allegedly chopped his Ugx 750,000 via multiple monthly data bundle…
In the Supreme Court ruling delivered by Hon. Chief Justice Prof. Lillian Tibatemwa-Ekirikubinza JSC (as a single judge), on 1st July 2022, re-emphasized that once a company is placed under receivership, it doesn’t lose its legal existence-another loss for Bank of Uganda (BoU). This ruling came out of a failure by the two parties in this…
Crane Management Services (CMS) has been named as the best Real Estate and Property Management Company in East Africa. CMS is the real estate and property management arm of Ruparelia Group of Companies, owned by tycoon Dr. Sudhir Ruparelia. The company was named platinum winner of the Quality Excellence Award for “The Best Real Estate…
Uganda’s GDP of $37.4 billion is one of the most undervalued, with a marginal representation of local investors as high institutional ownership crowds them out of the market. However, despite the fast growth of the local economy, the market capitalization of the Ugandan bourse is valued at $6.1 billion (UGX21.6 billion), which is 16.3 per…
Although the Electricity Regulation Authority (ERA) acknowledges all power consumers, the demand for electricity by manufacturers remains 70%, that of other categories of consumers stands at 30%, yet the disparity in the tariffs remains a contentious issue, especially among consumers. Under Sections 10 and 75 of the Electricity Act 1999 as Amended, ERA approves the…
Kenya Airways is advocating for a more Pan African approach to the business which requires more partnerships and collaboration among African airlines because the national carriers stand to benefit more from cooperation rather than competition. Julius Thairu, the airline’s Chief Commercial and Customer Officer said in a media release shared with The Independent on Nov.22,…
Speke Resort Munyonyo has been nominated for the 2022 Ekkula Tourism Award under the category of Best Luxury and Business Hotel. A beautiful and luxurious resort seated on the shores of Lake Victoria, it is part of Ruparelia Group of Companies which is owned by businessman Sudhir Ruparelia. Ekkula is a Ugandan local word implying…
Just like his billionaire father Dr. Sudhir Ruparelia, Rajiv Ruparelia was born in Uganda on January, 2nd, 1990. He is a graduate of Financial Management from Regents College London. Rajiv manages several family businesses. He is currently serving as the Managing Director of the Ruparelia Group and he is responsible for developing sound business strategies…
Uganda’s prominent businessman Hamis Kiggundu alias Ham has advised upcoming Ugandan entrepreneurs not to fear using banks for growth and starting up businesses. He, however, cautioned them not to ever rely on such loans as a long-term sustainable muscle of their business expansion because banks will always feast on their businesses since they are driven…
