Business - Page 31

URA To Clamp Down On Container Agents Exploiting Small Traders

The Uganda Revenue Authority (URA) has announced a firm stance against exploitative practices by intermediaries commonly known as container leaders, who are accused of manipulating small and medium-sized traders through inflated fees, delayed shipments, and deceptive customs processes. This declaration came during

May 9, 2025

Business

Parliament Directs Govt To Terminate Vinci Coffee Deal

Parliament’s Committee on Trade has directed government to terminate an agreement it signed recently with Uganda Vinci Coffee Company Limited. Parliament has described the agreement as illegal and demanded that “officials who committed Government to such illegalities should be penalized as a

May 19, 2022

Business

A Sneak Peek Into Sudhir’s Ruparelia Group of Companies, Here Are Businesses Under the Conglomerate

Since its inception, the Ruparelia Group of Companies has been committed to the establishment and development of innovative pioneering and enduring businesses among various sectors in Uganda, including:Financial services, hospitality, conventions and leisure centres, education, real estate, media & advertising, Agriculture and

May 18, 2022

Business

Dfcu Chief Executive Katamba Bows Out As Uganda Bankers’ Association Chair

Members of Uganda Bankers’ Association (UBA) a few days ago held their annual general meeting and elected Sarah Arapta, as the new Chair taking over from Dfcu Bank Chief Executive Officer Mathias Katamba who has served for two years (2020 & 2021).

May 17, 2022

Business

What Next For Sudhir & Staggering BoU, Two Months after Landmark Ruling in Crane Bank case

The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank into the banking industry. There were concerns about the financial

May 16, 2022

Business

Ruparelia Group Announces Rapid Growth Of Empire

Founded by Dr. Sudhir Ruparelia, the Ruparelia Group of Companies is a privately owned Ugandan company. As the largest home-grown business in Uganda, its boundary pushing market leadership began in the 1980s. Grown through years of painstaking adherence to excellence, the Ruparelia

May 15, 2022

Business

Katikiro Mayiga Commends Tycoon Ham For Setting Good Example For Youth As Entrepreneur

The Katikiro of Buganda kingdom Owek. Charles Peter Mayiga has commended city businessman Hamis Kiggundu, who is popularly known as Ham, for setting a very good example for all aspiring entrepreneurs in Uganda and across the globe, especially the youth. Ham, who

May 14, 2022

Business

PICTORIAL: Tycoon Sudhir’s Expansion Of Multibillion Kabira Country Club Hits Final Touches

The latest development coming from Ruparelia Group, the parent company of Kabira Country Club indicate that Money Magnet Sudhir Ruparelia has hit the final touches on the expansion of the hotel, with a maiden new look in the offing. Sources in the

May 14, 2022

Business·ENERGY & MINERAL RESOURCES

Uganda’s ERA Hosts African Electricity Regulatory Peer Review and Learning Network (PRLN)

Uganda’s Electricity Regulatory Authority (ERA) is hosting Five (5) Executives for the African Electricity Regulatory Peer Review and Learning Network (PRLN) from 9th to 14th May 2022. The One-Week Workshop is part of the continental efforts facilitated under the African Union for

May 10, 2022

Business

Bad State Of Kikyusa-Zirobwe Roads Frustrating Businesses in Greater Luwero

Residents and the Business Community in greater Luwero have decried the poor state of Kambiri-Kikyusa-Zirobwe – Kasana road saying it has continuously hiked the cost of transport and affected economic development in the area. Residents and the business community say, the routes

May 9, 2022

Business·Crime

UCC Warns Mobile Money, ID Fraudsters

The Uganda Communication Commission (UCC) has warned the public against the increasing cases of fraud. UCC through the Acting head of communication and international relations Rebecca Mukite says that there is an increasing trend of conmen who trick people into giving mobile

May 9, 2022

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