Browsing: Business

Co-operators Cry Foul As Kiruhura Is Sent To Quarantine Over Increased Foot & Mouth Disease

Kiruhura district authorities have put the district under total quarantine again over the increased spread of Foot and Mouth Disease (FMD). Kiruhura district has had foot and mouth Disease since December 2020. The disease started from Kiruhura town council but has now continued to spread to the whole district despite the effort put forward by…

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MPs Block UGX490Bn Budget For Poverty Eradication Countrywide

Members of parliament on the budget committee has blocked a proposed Shs490bn budget requested by the Ministry of finance to eradicate poverty among households at the parish level across the country. Appearing before the committee, Finance minister, Matia Kassaija said the money is needed to promote inclusive and sustainable growth through effective implementation of the…

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Mega Deal: Equity Group Holdings Secures USD $100M For Trans-Africa Enterprises Expansion

Equity Group Holdings (EGH) has signed a USD $100 million loan (Ksh 11 Billion) facility to support its expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises (SMEs as it grows. In addition to operating in 7 African countries – Kenya, Rwanda, Uganda, South Sudan, Tanzania, the Democratic Republic…

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‘Why Can’t You Let Ugandans Breathe?’-Finance Committee Roars As It Dustbins Shs 200,000 Annual Car License

Parliament’s finance committee has rejected the 200,000 Shillings license on cars and 50,000 Shillings for motorbikes. thecapitaltimes.co.ug has learnt. Last week, the minister of Finance, Matia Kasaija tabled tax measures seeking to make amendments to a number of bills including, Excise Duty Act, External Trade Act, Fish Act, Income Tax Act, Mining Act, Stamp Duty…

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Trouble Looms! Disgruntled Ex- Crane Bank Employees Drag DFCU to Court Over Fraud, Human Rights Violations! Demand Production & Inspection Of Several Documents

Former employees of Crane Bank Limited (CBL) which was fraudulently taken over by Bank of Uganda (BoU) and later sold on phone have again dragged DFCU on behalf of 700 others to the High Court to compel production and inspection of several documents hitherto with held by DFCU Bank Ltd. This comes after High Court…

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‘You Cannot Make Money Alone & Call That Success’ – Dr. Sudhir Tips On How He Defines Success

Uganda’s business magnate and investor Dr. Sudhir Ruparelia, possibly the country’s most charismatic businessman is the chairman of Ruparelia Group, one of the top taxpayers in Uganda. The Nepal consul in Uganda and a symbol of financial success on the East African land has been sharing tidbits of his success journey, which is peppered with…

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Billionaire Sudhir Ruparelia Reveals When, to Borrow & When Not, to Start a Business

Many business people ask Ugandan billionaire Sudhir Ruparelia how he made his fortune. It is a question he is accustomed to answering. Sudhir, possibly the country’s most charismatic businessman is the chairman of Ruparelia Group, one of the top taxpayers in Uganda. The businessman who rose from a taxi driver to being listed among Africa’s…

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Business Tips: Think Again & Invest, Numbers Do Not Lie – Tycoon Rajiv Speaks!

Last month, the Ruparelia Group, unveiled Bukoto Living, 9-floor condominium homes project – altogether, 27 homes in a 2-3-4- and 5-bedroom configuration, in Bukoto, Kampala. The affluent suburb of Bukoto and the surrounding Naguru, Ntinda is a mixed residential and commercial areas, with a large number of small businesses, NGOs, supermarkets, hospitals, schools and upscale…

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