The Supreme Court in Kampala has ordered Bank of Uganda (BoU) to pay dispute costs after losing yet again in the aftermath of the closure and liquidation of Crane Bank Ltd, owned by businessman Sudhir Ruparelia. In a ruling delivered on Friday, July 1, a panel of three judges led by Justice Prof. Lillian Tibatemwa-Ekirikubinza…
It may not go down well with the rich and powerful, but Uganda’s richest man, Sudhir Ruparelia is advocating a ban on the import of luxury goods into Africa to help it ride out the gathering world economic storm. In an exclusive interview with Billionaire Tomorrow, Sudhir Ruparelia says he has seen it all in the last…
Ugandan businessman and property mogul Dr. Sudhir Ruparelia has commended HE.Yoweri Kaguta Museveni for signing Landlord and Tenant Bill into law something seen as a relief for both parties. The Speaker of Parliament Anita Among yesterday revealed that President Museveni had assented to the Landlord and Tenants Bill 2021 after a meeting at State House…
Embattled businessman Patrick Bitature has come out to second his sincere apologies to his colleague and long time friend Sudhir Ruparelia. This follows a social media campaign in which Sudhir had been depicted complicit in Bitature’s current financial woes. In the past weeks, the local press clearly showed that Sudhir has a hand in what…
The latest development coming from Ruparelia Group, the parent company of Kabira Country Club indicate that Money Magnet Sudhir Ruparelia has hit the final touches on the expansion of the hotel, with a maiden new look in the offing. Sources in the Ruparelia camp revealed to this website that the multimillion hotel expansion project is…
Uganda’s largest property developer Tycoon Sudhir Ruparelia has asked parliament to increase on the acreage he was given from three to 10 acres that he applied for to re-develop the area. Dr. Sudhir made a request while appearing before Parliament’s Adhoc Committee investigating irregularities in the sale and give-away of Nakawa Naguru land. “My humble…
Last week, Justice Stephen Mubiru from Commercial Court dismissed the application by city businessman Peter Kamya in which he asked for a temporary injunction in a bid to stop Meera Investments and Luwaluwa Investment from selling or transferring his former properties to other names. Properties in question include Afrique Suites Hotel on Mutungo Hill which…
City businessman Rajiv Ruparelia and wife Naiya have given birth to a bouncing baby girl. The new life is the first child for Rajiv and Naiya. To celebrate the achievement of getting a second grandchild, Uganda’s richest man Dr Sudhir Ruparelia decided to host his fellow rich friends to a dinner in a magnificent restaurant…
Uganda is among the few countries with patriotic investors that do not brink when it comes to boosting their countries’ development. Among the few but heavily-loaded tycoons, Uganda is blessed is Dr. Sudhir Ruparelia aka money magnet who is the chairman of Ruparelia Group of Companies. Dr. Sudhir, also Nepal ambassador to Uganda is in…
It was all fun at the first ever big Holi Festival, an Indian Community get together event held at the Arya Samaj Grounds Kololo, Kampala, after two years of COVID-19 induced lockdown. Uganda’s paint company, Kansai Plascon, partnered with the Indian Community to celebrate the fest, attended by Uganda’s Prime Minister Robinah Nabbanja and hundreds…
