The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…
When it comes to collecting tax, Uganda Revenue Authority (URA) is known for crossing all t’s and dotting all the i’s. They are no nonsense. But as usual the taxpayer,…
At 63 years, billionaire Dr Sudhir’s impeccable youthful sense of style has caught the eyes of every style conscious person in Kampala. He granted our CEO Lifestyle reporter a few…
A few days ago, a photo of billionaire (in dollars) Dr. Sudhir Ruparelia almost broke the internet- for the rarest of reasons; his fashion sense. While officially inaugurating his latest…
Ruparelia Group’s property development arm, Meera Investments Ltd, will today, Spetember 14th, 2019 officially launch their Electrical Plaza building, a mixed use property in the Central Business District. Located on Plot 11 Market Street at the confluence of Market Street and Kiyembe Lane, Electrical Plaza is made up of 220 shops, 56 apartments and 2 floors of parking. Booking is…
The idiom “throwing good money after bad money” refers to spending more money on something problematic that one has already spent money on, in the (presumably futile) hopes of fixing…
“Everyone who has played a part in the fraudulent activities is going to pay for it – we are not going easy. That includes dfcu that is fraudulently occupying Meera…
A bank in receivership, under the Financial Institutions Act (2004) is not permitted to sue or sued and therefore, Crane Bank (in receivership) cannot and should not have sued businessman…
Commercial Court’s Hon Mr. Justice David K. Wangutusi, will on Monday August 26th rule whether the case brought against city businessman and Ruparelia Group Chairman, Dr. Sudhir Ruparelia by Bank…
dfcu Bank, was reluctant to transfer into its name, the 48 properties it acquired in the now-heavily contested and controversial Crane Bank acquisition, fearing that Bank of Uganda and Crane…
