Uganda’s richest man Sudhir Ruparelia to open 19-acre island resort on Lake Victoria
Ruparelia Group's Paradise Island Resort, a 38-unit retreat on a private island in Lake Victoria, opens Dec. 1, more than five years after construction began.
Ugandan billionaires
Uganda's richest family, the Ruparelias, sue for $225 million over seized bank
Uganda's Ruparelia family goes to trial in London on Monday, seeking at least $225 million over the 2017 sale of their seized Crane Bank.
Ugandan billionaire Sudhir Ruparelia buys Old Mutual's Kampala building
Sudhir Ruparelia has bought Old Mutual's former UAP Insurance building on Kimathi Avenue in Kampala as the insurer sells off property across East Africa.
Ugandan tycoon Patrick Bitature loses a $256,000 case over two buildings he never built
A Ugandan court ordered Patrick Bitature to pay Finicon $256,136 plus nine years of interest for design work on two projects never built.
Ugandan steel tycoon Abid Alam avoids civil prison after appeal court halts $338,000 debt order
Uganda's Court of Appeal stayed enforcement of a $338,000 glass debt against Abid Alam, after his creditor sought his committal to civil prison.
Ugandan retail tycoon Ponsiano Ngabirano opens Kampala's first flagship Marriott hotel
President Museveni opened Ponsiano Ngabirano's 277-unit Kampala Marriott on Aug. 27, the first Marriott Hotels property in Uganda.
Meet Godfrey Kirumira: the boy who sold cigarettes at 12 and built one of Uganda's biggest business empires
Godfrey Kirumira started trading cigarettes at 12 on the streets of Kampala. Today he chairs the club of Uganda's richest tycoons.
Uganda's richest man appoints daughter to council seat of Victoria University following his son's death
Victoria University has appointed Meera Ruparelia to its University Council, replacing her late brother Rajiv Ruparelia who died in a road accident in May 2025.
10 companies owned by Uganda’s richest man Sudhir Ruparelia
These are 10 companies owned by Uganda’s richest man.
Ugandan tycoon Charles Mbire’s MTN Uganda earns $23.7 million in profit in Q1 2022
The surge in earnings was driven by an 11-percent increase in service revenue and a 45-percent increase in data revenue.
Ugandan tycoon Charles Mbire gains $1.2 million as stake in MTN Uganda surges above $51 million
The share price in the leading telecom company has increased by a single digit in just two days.
Ugandan tycoon Charles Mbire’s stake in MTN gets $49.6-million valuation following IPO
The public offering was the largest-ever in the history of Uganda.