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Ugandan businessman and honorary consul Habib Kagimu argues the country’s most reliable growth lies in agriculture, tourism and tech—while oil remains optional upside.
This marks a twist in the ongoing legal battle between Ruparelia’s Crane Management Services and dfcu bank.
The name change to “Arie Towers” reflects Ruparelia’s vision to reposition the building as a hub for business and commerce.
The acquisition of Lotis Towers, a 14-storied upscale building located at plot 16 MacKinnon Road, Nakasero, was confirmed by Sudhir Ruparelia himself following a bank auction.
Bitature sought government assistance after being embroiled in a court battle with a South African lender over a loan repayment.
Hamid is the founder of Aya Group, which has interests in milling, food manufacturing, commodity trading and hospitality.