Business - Page 38

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

UGEFA: Green Businesses Given Last Chance To Grow & Transform Economy With EU Funded Accelerator

The EU-funded Uganda Green Enterprise Finance Accelerator (UGEFA), which provides sustainable Ugandan enterprises with support to scale and contribute to a green and inclusive economy, has today announced that it is accepting applications for its fourth and final cohort to join its programme.

March 2, 2022

Business·Crime

ANDREW MWENDA: Sale Of Crane Bank To DFCU Will Go Down In History As The Most Fraudulent Transaction By BoU

On February 11, businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda over the fate of Crane Bank. The central bank closed Crane Bank in October 2016 claiming it was undercapitalised. The latest ruling is a

March 2, 2022

Business

BoU, Crane Bank Saga: Supreme Court Confirms Auditor General’s Report Shs 397 Bn Was Swindled By Greedy BoU Officials In Bank Sale

Supreme Court ruling on Bank of Uganda versus Sudhir Ruparelia in Shs 397 billion case confirms Auditor General’s report that BoU officials swindled the cash in CBL sale. The Supreme Court on February 12, 2022 upheld the earlier rulings of the High

March 1, 2022

Business

Coughing Sudhir’s Bank Is A Must & Stand Warned Not To Contempt Court Orders! Tycoon Lawyers Pump More Pressure On Staggering Bank Of Uganda

Pressure and panic from Bank of Uganda (BoU) officials continue to leak to the public over the recent Supreme Court ruling in which the Bank was ordered to ‘vomit’ mogul Sudhir Ruparelia’s Crane Bank but also cough to him billions of all

February 28, 2022

Business

OP-ED: Uganda Should Celebrate Sudhir’s Victory Against BoU & Reopen Crane Bank In Partnership With Govt

By Dr Okodan Akwap Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding top-notch meetings, such as the upcoming Non-Aligned Movement summit. But government can do something even better – partnering with Sudhir

February 27, 2022

Business

Bank of Uganda Legal Team At It Again With Delay Tactics As Taxpayers Continue Losing Billions In Crane Bank, BoU Saga

The Central Bank of Uganda (BoU) has finally broke silence on the landmark defeat sustained last week when the Supreme Court of Uganda directed that it reverts the management of Crane Bank back to its shareholders after establishing that the bank was

February 26, 2022

Business

Govt, Sudhir Plan Shs140Bn Joint Venture

The government of Uganda and businessman Sudhir Ruparelia are finalising a joint venture blueprint to build a modern Convention Centre at Commonwealth Speke Resort Munyonyo to host the Non-Aligned Movement (NAM) summit later next year. The architectural designs and bill of quantities

February 25, 2022

Business

‘Something Must Be Wrong’: Lands Minister Nabakooba Disowns Her Junior Mayanja’s Letter To Museveni On Nakawa/Naguru Land

As the row over the re-allocation of the Nakawa/Naguru land among prospective investors deepens, Lands Minister Judith Nabakooba has thrown a spanner in the works, disowning a letter that was written by her junior minister, Sam Mayanja, purportedly on her behalf, asking

February 25, 2022

Business

Has Entebbe Airport Been Sold Off & Rebranded To Huen Airport?

A section of Ugandans has woken up to a debate on Twitter questioning whether Entebbe International Airport has been rebranded to Huen Airport. One of the notable Ugandans that have been engrossed in this twitter debate is NTV media personality Andrew Kyamagero

February 23, 2022

Business

Oil Prices Fall Amid Iran Talks, Ukraine Crisis

Oil Prices dropped on Thursday as investors assessed geopolitical risks. The West Texas Intermediate for March delivery lost 1.9 U.S. dollars, or 2 percent, to settle at 91.76 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery

February 18, 2022

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