The market value of all the stakes owned by the 10 richest investors in companies listed on the Uganda stock exchange is 518.5 million. This represents just about 0.30 per cent of the market’s 56.1-billion valuation, as institutional investors and parent companies of listed entities control a huge chunk of the market. Based on figures…
The real estate and hospitality sub sectors are going through a bumpy time having to deal with the economic shocks facing the country. These two are playing hard to survive by being responsive to the economic demands. Investment is hard to come by. However the Ruparelia Group under the direction of Dr Sudhir Ruparelia has…
The Supreme Court has dismissed an application in which Bank of Uganda sought permission to amend the Memorandum and record of appeal before hearing the Crane Bank appeal case. Bank of Uganda wanted substitute Crane Bank Limited (in receivership) with Crane Bank Limited (in liquidation), saying it is still a licenced financial institution under resolution…
With the clock ticking to make a decision that’ll vastly shape a new home, build a new building, along with a plethora of options for myriad changes to elementary facilities, with labor and construction costs continuing to rise, worry not! Uganda has over a thousand construction companies however, only a few of them fulfil what…
Former Speaker of Parliament, Rebecca Kadaga and City Businessman Tycoon Sudhir Ruparelia has joined National Water and Sewerage Corporation (NWSC)’s #NWSCTreeVolution campaign. On the World Environment Day Commemoration, National Water and Sewerage Corporation (NWSC) launched its 10 million tree planting campaign dubbed Green Tree Evolution. The first tree has been planted at tycoon Sudhir Ruparelia’s…
Court has once again dismissed the suit in which one of the former owners of the liquidated National Bank of Commerce (NBC) sued Bank of Uganda, Crane Bank, and former owner Mr Sudhir Ruparelia as well as Kenyan tycoon Rasiklal Chhotal Kantaria. Mr Amos Nzeyi ran to court to challenge the takeover of NBC by…
It was a Joyous moment as Tycoon Sudhir’s family joins the Muhwezi’s to celebrate his victory and a swearing-in ceremony as the Rujumbura constituency MP in the 11th parliament. This website learnt that the philanthropist and phenomenon his Excellency Ambassador, Billionaire Dr Sudhir Ruparelia and Hon. Jim Muhwezi had lunch after the elected legislator for…
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…
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…
