Business - Page 22

Businessman Bitature: I am who I am because of Dr. Sudhir

In a rare moment of reflection and gratitude, Patrick Bitature, one of Uganda’s most accomplished entrepreneurs, has publicly acknowledged the profound impact of fellow business mogul Dr Sudhir Ruparelia on his journey in the corporate world. Speaking to youths about the significance of

March 18, 2025

Business

Why NEMA Green-lighted Sudhir To Proceed With His Multi-billion Speke Resort Entebbe Project

On Thursday, the National Environment Management Authority (NEMA) finally agreed with the Ruparelia Group under businessman Sudhir Ruparelia on measures for safeguarding the ecological integrity of Lake Victoria while implementing the Speke Resort project worth over Shs370bn in Kitubulu, Katabi sub-county, Entebbe,

July 31, 2022

Business

Ugandan Billionaire Sudhir Ruparelia Ranked Among East Africa’s Asian Kings Of Cash

Across East Africa, and Africa as a whole, Asian entrepreneurs stand out for their success and longevity. According to one Aly-Khan Satchu, a Kenyan-Asian financial analyst and CEO of investment advisory firm Rich Management, Asian-owned companies have been embedded in the African

July 31, 2022

Business

Farmers In Western Uganda Counting Losses As Dry Spell Hits Hard

Farmers in the Ankole region are counting losses following the long dry spell that has taken a toll on their crop gardens. A number of farmers say that they have lost it all this season because of the inconsistent and intermittent rains

July 30, 2022

Business

Indian Community To Commemorate 50 Anniversary After Idi Amin Expel

On August 4, 1972, then former President of Uganda, the late Gen. Idi Amin, announced the expulsion of Asians from Uganda. Thousands of Indians who had heavily invested in Uganda and regarded it as their home, were forced to flee their country

July 30, 2022

Business

Foreign, Local Fish Dealers Clash Over Quality Concerns

There is a dispute between foreign and local silver fish dealers at Kiyindi landing site in Buikwe district over quality concerns. The dispute stems from a decision by the foreign traders mainly from Rwanda and the Democratic Republic of Congo-DRC to buy

July 28, 2022

Business

Gen. Museveni Orders Allocation Of 15 Acres To Investor For Hospital Construction

President Yoweri Museveni has directed Frank Tumwebaze, the Minister for Agriculture to allocate Turkish firm Beyler Group, 15 acres of land in Entebbe for the construction of a hospital. In his June 20th letter to Tumwebaze, Museveni says the Turkish Investment Group

July 28, 2022

Business

Is Atingi-Ego Not Creative Enough To Have Own Methods Of Supervising BoU Than Relying On What The Late Mutebile Left

Since being appointed the Bank of Uganda (BoU) Deputy Governor and has been acting as Governor, Michael Atingi-Ego has now raised the indicative Central Bank Rate (CBR), twice to the current 8.5 per cent, encouraging commercial banks to also raise interest rates

July 28, 2022

Business

NEMA, Speke Hotel Ltd Finally Agree On Measures For Sustainable Implementation Of Kitubulu Resort Project

The National Environment Management Authority (NEMA) has finally agreed with Speke Hotel (1996) Limited on measures for safeguarding the ecological integrity of Lake Victoria while implementing the Speke Resort project at Kitubulu, Katabi sub-county, Wakiso District. The approval followed the conclusion to

July 27, 2022

Business

Big Story: Leadership Crisis Hits BoU As Museveni Fail To Appoint New Governor

President Museveni’s failure to appoint a new Governor for the Bank of Uganda has left the institution exposed. Deputy Governor Michael Atingi-Ego has reportedly failed to stamp his authority on the institution which has been running under the leadership of the late

July 26, 2022

Business

Is Ugandan Gov’t Being Unfair To Local Companies Intending To Grow Medical Cannabis?

The growing of marijuana for medicinal use has attained legal status in many countries across the world including Africa where global pharmaceutical companies regard as the new frontier for growing the herb. In Uganda, local and international companies have expressed interest in

July 26, 2022

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