Business News
Aviation Security Intercepts Suspected Narcotics Packaged As Coffee Samples
Aviation Security has intercepted suspected narcotics disguised as coffee for export at Entebbe International Airport, according to Uganda Civil Aviation Authority-UCAA. The UCAA spokesperson Vianney Luggya, said that the suspicious cargo was disguised as coffee samples in branded packets of African Premium Coffee for export. It was detected during screening at 10:10pm on June 13,…
Police Probe Ugandan Security Company Over UGX 33 Billion Missing Gold
Uganda Police on Friday opened investigations into the missing 210kg of gold that were entrusted to a Ugandan Security company Quantico Security Limited for safe-keeping in December 2021 by a Congolese national but went missing under controversial circumstances. We’ve learnt that the Mineral Police has recorded a statement from the Congolese national, Mireille Mnengu, and…
COSASE: Keith Muhakanizi Distances Self From Shs10.6 Billion Land Compensation Funds
Former Secretary to the Treasury (PSST), Keith Muhakanizi has distanced himself from the processes that saw the disbursement of supplementary funds by the Finance Ministry for land compensations. Muhakanizi said that he was on sick leave during the process of the payments adding that his deputy, Patrick Ocailap was in charge at the time. He…
Pain: Damaged IT Expert Drags Magistrate To Inspector Of Courts Over Turkish Company Manager’s Case
Arim Felix, a complainant in a criminal case No. 292 of 2022 (Uganda Vs Mehmet Ozgur Bilir) has dragged Grade I Magistrate of Nakawa Court to the Inspectorate of Courts over professional conduct. Arim is battling Bilir, the country manager of Gulsan Construction Company undertaking construction work with government of Uganda. In the criminal case,…
Busted: Details On How Controversial Businessman Eriya Mubiru Faked Academic Papers To Get Juicy Engineering Contracts From Government
Controversial local businessman Eriya Mubiru has been in the news for weeks now following his arrest in Dubai, United Arab Emirates (UAE). Mubiru was arrested after extorting Shs 2 billion from a UAE businessman. He is still under detention pending investigations into fraud allegations. Mubiru known for obtaining mega contracts from the Ministry of Defense,…
Business
Tycoon Sudhir Relocates 20yr Old Trees As Construction of World-class Convention Centre Kickstarts
Business mogul Dr Sudhir Ruparelia has kicked off construction of the world-class Munyonyo Convention Centre that will host over 120 heads of state for next year’s Non-Aligned Movement (NAM) summit. The Non-Aligned Movement, founded in 1955 during the Asian-Africa meeting in Bandung, Indonesia, and pursued decolonization brings together countries that are not aligned with any…
Tycoon Sudhir Ruparelia Re-elected As Board Member For Indian Association Of Uganda
City business magnet Dr Sudhir Ruparelia has been re-elected as a Board member for Indian Association Uganda. Dr Sudhir retained his position as the association elected seven members on its Board of Trustees. This website has learnt that the function took place on Sunday March 28, 2021 in Kampala. The property mogul was first elected…
Tycoon Sudhir Tells Top Taxpayers Why Real Estate Is The Real Deal For Investment
Ruparelia Group founder is the king of real estate in Uganda, because no Ugandan alive has built so many commercial properties like him. When Sudhir Ruparelia talks about the business, everyone listens. That was the case last Friday during Uganda Revenue Authority tax event where a number of prominent guests were invited to speak about…
Tycoon Sudhir Tips On Rightful Investment For Upcoming Entrepreneurs
Although Meera Investments Limited, the property development arm of the Ruparelia Group was formally registered in 1994, the Chairman and Founder of the giant Ruparelia Group started investing in property in 1986. Today Sudhir has over 400 office, retail, industrial and residential properties in Uganda. His properties cater to an estimated footfall of 150,000 people…
Tycoon Sudhir’s CMS Named Best Real Estate & Property Management Company In East Africa
Crane Management Services (CMS) has been named as the best Real Estate and Property Management Company in East Africa. CMS is the real estate and property management arm of Ruparelia Group of Companies, owned by tycoon Dr. Sudhir Ruparelia. The company was named platinum winner of the Quality Excellence Award for “The Best Real Estate…
Tycoon Sudhir’s Countless Investments, Entrepreneurial Skills To The Economy Spurred Ugandans To Have Successful Businesses – Lumumba Amin
Hussein Lumumba Amin, the son of Former Ugandan President Gen. Iddi Amin Dada has said, it was his late father’s favourable laws and good governance that enabled Investors and departed Asian-Ugandan such as City Mogul Dr Sudhir Ruparelia and others to return and invest in the Pearl Of Africa-Uganda. Lumumba, made these remarks in a…