In the year 2007, Crane Bank Limited announced that it was planning to expand into the neighboring countries and yes this dream was fulfilled and officially launched operations in 2014, but shortly after greedy Bank of Uganda (BoU) mafias swung into action with all sorts of dirty games to shut this development. The above step…
The Supreme Court in Kampala has ordered Bank of Uganda (BoU) to pay dispute costs after losing yet again in the aftermath of the closure and liquidation of Crane Bank Ltd, owned by businessman Sudhir Ruparelia. In a ruling delivered on Friday, July 1, a panel of three judges led by Justice Prof. Lillian Tibatemwa-Ekirikubinza…
City Lawyer and political analyst Kaweesa Hope Mulangira has come out to say that it looks like the President of Uganda Gen Yoweri Kaguta Museveni is being misguided by the technical people who tell lies about the reality of the economy just to impress him. Counsel Mulangira’s words come at a time when the world…
It may not go down well with the rich and powerful, but Uganda’s richest man, Sudhir Ruparelia is advocating a ban on the import of luxury goods into Africa to help it ride out the gathering world economic storm. In an exclusive interview with Billionaire Tomorrow, Sudhir Ruparelia says he has seen it all in the last…
Uganda’s richest man Dr. Sudhir Ruparelia who personally built Ruparelia Group brick by brick is set to tip lawyers under the lawyer’s desk fraternity on law and investment. This has been announced by the Mr.Ronald Lukoma who happens to be the President Lawyer’s Desk. This meeting which will be held on Saturday, 9nd of July…
President Yoweri Museveni has said Uganda and Cuba would benefit a great deal if they exchanged each other’s goods and services. Museveni made the remarks while meeting with a Cuban delegation led by the Minister of Foreign Affairs, Bruno Rodriguez. In the meeting, the two leaders discussed matters pertaining to strengthening bilateral relations between the…
The Attorney General Kiryowa Kiwanuka has asked High Court to dismiss with costs an application by two lawyers challenging the controversial coffee deal between the government of Uganda and Uganda Vinci Coffee Company Limited. Henry Byansi and Micheal Aboneka petitioned the High Court in April 2022 challenging the agreement signed by Ramathan Ggoobi, the Secretary…
Police have confirmed the arrest of two suspects in connection to the armed robbery at Spice supermarket at the junction of Kampala-Jinja-Bugerere road in Mukono municipality. Three robbers armed with an AK47 raided the supermarket on Friday evening where they shot a cashier identified as Irene Nakandi in the back and took off with an…
City businessman Hamis Kiggundu, the proprietor of Ham Enterprises Uganda Limited and Kiham Enterprises Uganda Limited among other businesses; has opened the market for his newly furnished Ham Palm Villas ICT corporate smart homes. These one of a kind corporate smart homes, both finished and organized customizable corporate smart homes with house plans are located…
It takes a real billionaire to keep a cool head and stay investing when you wake up on a hot Kampala morning to find out you’re about to lose $5 million in income. Sharing with Billionaires Tomorrow Magazine, Sudhir said the first few months of 2022, looked so good for his hot rose business, on…
