Business News
Col.Katabazi Tips RDCs,DISOs Against Intrigue,Internal Bickering & Corruption
Col. Emmy Katabazi, the Deputy Director General of the Internal Security Organization (ISO), has cautioned Resident District Commissioners and District Internal Security Officers against bickering. Col. Katabazi was on Friday, September 20th, 2024, addressing RDCs and DISOs from Central Uganda during a retreat held at the at the Maya Nature Resort in Wakiso district. According…
GROW Funds Are Loans,Not Grants-Min. Musasizi Cautions Women
The Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi has clarified that the women’s project, Generating Growth Opportunities and Productivity for Women Enterprises (GROW) funds are loans and not grants. Musasizi said this while responding to a matter of national importance raised by Gulu City Woman Member of Parliament,…
President Museveni Applauded For Professionalising The UPDF
The President of Uganda Gen Yoweri Kaguta Museveni has been applauded for building a strong foundation leading to a strong, reliant, disciplined and professional Army – the Uganda People’s Defence Forces During the launch of the 16th Edition of The CDF – Cup Tournament ,the DRCC Central Division Mr Businge Emmanuel commended the UPDF for…
Raged Armed Warriors Gun Down LCIII Chairperson
By URN Mario Lotyang Lokaino, a resident of Kethimer village was shot dead on Saturday at around 8:00 pm in Lokitelebu trading center by the armed warriors suspected to be Jie. This comes when the sub-region is currently experiencing relative peace after the series of security operations against criminal elements and the security peace dialogues.…
Sad As Two UPDF Generals Perish In Masaka Road Accident
Two Uganda People Defence Forces (UPDF) generals have died on Kampala-Masaka road accident near Lukaya trading centre. Brig Gen (Retired) Kyambadde and Brig Gen Fred Twinamatsiko, who served as the Director of Training and Doctrine for Land Forces, tragically lost their lives on Saturday morning. According to Col Deo Akiki, the deputy UPDF Spokesperson, the…
Business
Billionaire & Inventive Property Mogul Sudhir Ruparelia Unveils Plan For New Mega ‘Kingdom Kampala Hotel’ Project
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…
Billionaire Born Today: East Africa’s Business Mogul Sudhir Ruparelia Clocks 66 In Style
Kampala: East Africa’s celebrated billionaire, money magnet, business mogul, honorary consul of the Republic of Nepal to Uganda HE. Dr. Sudhir Ruparelia has today clocked 66yrs old. Born on the 17 January 1956, at Kabatoro, Kasese, Uganda, Sudhir is a formidable wealthy businessman, entrepreneur and investor in Uganda currently surviving with a net income worth over…
BILLIONAIRE LIFESTYLE: Exclusive Photos Inside The US$10 Million & 13,000 Sqm Ruparelia Residence
Sudhir Ruparelia is the only Ugandan and East African to make it to Forbes’ list of Africa’s wealthiest men. As one of the most successful residential and commercial property developers in Kampala, Sudhir’s firm, Meera Investments Ltd, has over 300 properties throughout Uganda. Besides other properties owned by his firm, the Ruparelia Residence is one…
Billionaire Sudhir Only Ugandan Ranked Among 20 Wealthiest Men In Africa
Tycoon Sudhir Ruparelia has been ranked among the 20 richest people in Africa weighing over 1.4 Billion dollars. Sudhir Ruparelia is a Ugandan businessman who made his fortune in real estate and he is the founder and chairman of the Ruparelia Group, a conglomerate with interests in insurance, hospitality, real estate, and education. Ruparelia is…
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…
Billionaire Sudhir Tops List of Top 10 Richest Investors On The Uganda Securities Exchange
Uganda’s GDP of $37.4 billion is one of the most undervalued, with a marginal representation of local investors as high institutional ownership crowds them out of the market. However, despite the fast growth of the local economy, the market capitalization of the Ugandan bourse is valued at $6.1 billion (UGX21.6 billion), which is 16.3 per…