Ugandan billionaire Sudhir Ruparelia kicks off Kingdom Kampala expansion with 21-storey tower and helipad
Ugandan tycoon Sudhir Ruparelia is moving ahead with phase two of Kingdom Kampala, anchored by a 21-storey tower and rooftop helipad.
Ugandan billionaire
Multimillionaire Habib Kagimu backs farms and tourism, not oil, to power Uganda’s economy
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.
Court blocks East Africa's first billionaire from recovering $2.2 million from dfcu
This marks a twist in the ongoing legal battle between Ruparelia’s Crane Management Services and dfcu bank.
Lotis Towers undergo name change as Ugandan multimillionaire assumes ownership
The name change to “Arie Towers” reflects Ruparelia’s vision to reposition the building as a hub for business and commerce.
East Africa’s first billionaire Sudhir Ruparelia buys Lotis Towers from dfcu Bank
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.
Ugandan gov’t moves to bail tycoon Patrick Bitature by acquiring his $66-million thermal power plant
Bitature sought government assistance after being embroiled in a court battle with a South African lender over a loan repayment.
Ugandan multimillionaire Mohammed Hamid faces loss of five-star hotel over $160-million debt
Hamid is the founder of Aya Group, which has interests in milling, food manufacturing, commodity trading and hospitality.