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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 for the engineering works are still being prepared, but the construction is estimated…

Big Story: Equity Bank Sells Simbamanyo House To Tycoon Sudhir After Borrower Defaults On Shs11.5Bn Loan

Kampala mogul Dr. Sudhir Ruparelia is the new landlord of the expansive Simbamanyo House, which is situated on Lumumba Avenue opposite CPS building, after his Meera Company bought the building from Equity Bank. Simbamanyo House originally belonged to city businessman Peter Kamya, who staked it as collateral security to Equity Bank in 2017 for a…

Gen Sabiiti Pledges More Support To Kiira Motors Corporation

Maj Gen Sabiiti Muzeyi,the General Manager Luwero Industries has hosted Kiira Motors Corporation Board of Directors at Luwero Industries Headquarters in Nakasongola. Luwero Industries Ltd is a subsidiary of National Enterprise Corporation-a commercial/business arm of Ministry of Defence and Veteran Affairs/UPDF. Kiira Motors Corporation Board was led by its chairman Prof Tokidri. Kiira Motors Corporation…

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