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The High Court’s Commercial Division has given Emin Pasha hotel and its affiliates breathing room in their mortgage fight with Equity Bank, extending the hold on the sale of the…
“Embogo” might sound familiar to many Ugandans—it means buffalo, a nod to one of the most iconic animals that roam this region. But there’s a deeper story behind Embogo Lodge,…
Meera Investment Limited’s project to construct 360 high-end serviced apartments at Kabira Country Club has entered into its final phase. With structural works nearing completion, the project is now entering “the finishing phase” according to Dr. Sudhir Ruparelia, the Chairman and Founder of Ruparelia Group. Project construction started in August 2019. Meera Investments is a subsidiary of the Group. Founded in 1994, and part of billionaire businessman Sudhir Ruparelia’s Ruparelia Group, Meera Investments Limited has emerged as Uganda’s largest developer and provider of high-quality, and sustainable retail, office, industrial and residential real estate infrastructure. Located just next to Kabira Country…
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By Taddewo Senyonyi Uganda has been able to achieve stable annual economic growth averaging 7% per annum since the year 2007, making Uganda one of the fastest growing economies in East Africa. Various reports released in 2013 indicate that Uganda has emerged a favourite destination for foreign investors in the East African region due to macro economic stability and the discovery and the ongoing exploration of oil. The 2012 Index of Economic Freedom ranked Uganda the 8th freest economy in Africa. Notably, foreign investors require a minimum of US$100,000 in planned investment in order to secure an investment license from the Uganda Investment Authority…
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