Estate Mogul, Dr Sudhir Ruparelia has been declared the rightful owner of Plot 24, on Kampala road. The sub-committee of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) have exonerated property mogul Sudhir Ruparelia after its probe found that he genuinely owns Plot 24, Kampala road. The Departed Asians Properties Custodian Board…
Diamond Trust Bank Uganda and DTB Kenya have asked the Court of Appeal to set aside the decision of the Commercial Court directing them to refund more than 120 billion shillings to businessman Hamis Kiggundu or send back the case file to High Court for trial. The appeal arises from the October, 2020 decision by…
Court of appeal has announced that a judgment between Diamond Trust Bank (appellant) vs Ham Enterprises Ltd & others (respondents) will be delivered on the 5th day of May 2021. This comes after Diamond Trust Bank (DTB), filed an appeal against the commercial court ruling which was in favor of Ham Enterprises after finding out…
Ugandan traders dealing in exportation of unprocessed tobacco leaf will now be required to pay a tax of about shs3,000 per kilogramme order to boost the currently undervalued business. This tax comes with the passing of the Tobacco Control (Amendment) Bill, 2021 on Monday, 03 May 2021. The Vice Chairperson of Parliament’s Committee on Finance,…
The Minister of Works and Transport, Gen Edward Katumba Wamala, has ordered a section of the senior management team at the Uganda Airlines Corporation (UAC) to leave office for at least three months to allow for an internal investigation. According to sources, the top hierarchy including the CEO, Cornwell Muleya have been sent packing after…
The President of Uganda Gen. Yoweri Kaguta Tibuhaburwa Museveni has praised Youthful Billionaire Hamis Kiggundu alias Ham for choosing to invest his accumulated wealth into the Ugandan economy instead of becoming an importer like many other businessmen under Kampala City Traders Association (KACITA), an umbrella organization that brings together traders in Kampala. The president made…
Just a few days after announcing that he will be building a five-star hotel in the heart of Kampala, on Nile Avenue – the land where Kingdom Kampala mall is, property mogul Dr. Sudhir Ruparelia has yet again made a grand revelation of building another five-star hotel on one of the islands in Lake Victoria.…
Kampala’s biggest Landlord and Property Mogul Dr. Sudhir Ruparelia has today unveiled a new plan to construct a 200 roomed mega Kingdom Kampala Hotel in the city. Sudhir, 65, the chairman and majority shareholder in the companies of the Ruparelia Group continues to prove his worth as an Investment guru with the new hotel project…
Goldstar Insurance Limited, has announced their partnership with Hisense Uganda in a move aimed at improving the customer experience between the two entities. With it’s electronics appliances policy, Goldstar will in the new partnership cover accidental damages and theft of Hisense brand products for up to three years. The partnership was announced on Thursday April 29,…
Uganda’s top leading labour export company, Premier Recruitment Limited has today announced more jobs for Ugandans to work as taxi drivers in Abu-Dhabi, barely a day after new security guard jobs in Qatar were announced. According to the company, the drivers selected for the jobs will be deployed to Abu Dhabi earning a whooping monthly…
