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). Ms. Arapta is the Chief Executive Officer of Citibank Uganda. Mr. Katamba in…
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 implications of the decision on the national Treasury and on Ugandans generally, while…
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 Group is responsible for the ownership of companies that feature unique brands which…
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 is ranked by Forbes Magazine as one of the most respected and wealthy…
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 Ruparelia camp revealed to this website that the multimillion hotel expansion project is…
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 Harmonisation of Regulatory Frameworks. It will discuss issues relating to Regulatory Governance, Regulatory…
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 are mainly used to transport agricultural produce, especially by sugarcane trucks from Eastern…
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 money details, while others claiming to be processing Sim Card upgrades using National…
The mutilated and beheaded body of a prominent businessman in Jinja City has been found in a sugar plantation, with all indications that he was subjected to ritual sacrifice. Now Police in Busoga East are investigating circumstances under which the 53-year-old George Waidha, a resident of Busuyi village, in Wairasa sub county, in Mayuge district,…
Hamis Kigundu, a Ugandan tycoon said “I had always dreamt as a child to visit the United States and the White House in particular.” He ventured into import trading mainly of textile material to Uganda and slowly grew in the business from which he launches a multi-billion real estate company Ham Group of Companies. At…
