The Ruparelia Group has unveiled the next chapter in one of its most visible urban investments, moving ahead with Phase Two of the Kingdom Kampala development, a bold expansion anchored…
The Ruparelia Foundation, represented by Dr. Sudhir and Mrs. Jyotsna Ruparelia, has announced 100 fully sponsored Master’s Degree scholarships to outstanding students under the newly launched Rajiv Ruparelia Bursary. The…
Uganda’s millionaire class is quietly expanding. The country added 100 new dollar millionaires in the 12 months leading up to June 2025. The addition brings the total number of individuals with over $1 million in investable assets to 1,600, according to the Africa Wealth Report 2025 by Henley & Partners. This marks a steady growth from 1,500 in 2022 and a significant jump from 940 in 2021, when the country saw its sharpest increase in wealth despite grappling with the aftermath of the Covid-19 pandemic. Uganda’s dollar millionaire population grew by 45% in 2022 alone, adding 560 individuals in a…
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VCon Construction, a subsidiary of the Ruparelia Group, has officially handed over a newly completed Faculty of Engineering and Technology and a 500-bed student hostel to the Islamic University in…
Dr Sudhir Ruparelia and his wife Jyotsna Ruparelia- the billionaire couple have extended their leadership in Uganda’s real estate space with their recent acquisition of Lotis Towers in Kampala’s upscale leafy Nakasero area. The building features 5,535 sqm of lettable space. Total built up space is 8,000 sqm. “The design is a modern office facility with naturally lit and contemporary corporate environments, a generous lobby, spacious penthouse floor, and an enhanced landscape,” according to Symbion, the architects. The acquisition followed a foreclosure sale by dfcu Bank after the building’s owners Lotigo Properties Limited and M/S Ropani International Limited failed to…
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The management of Speke Resort Munyonyo and Conference Centre has clarified on the minor and isolated fire incident that gutted its staff entrance and exit gate, saying no one has been hurt and services at the hotel were not affected at all. “Yes, we had a fire at the staff entrance and exit gate caused by a contractor working on building extension works. No one was injured in the minor incident. The minor fire was put under control and all the operations at the resort were not affected at all and we are working normally,” Dr. Sudhir Ruparelia, the resort’s…
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Ugandan business mogul and philanthropist Dr. Sudhir Ruparelia has donated a brand new ambulance and a sum of UGX10 million to the Rotary Club of Nsangi. The club is mobilising funds to build a hospital. He has also, through his Ruparelia Foundation, donated another UGX10 million to Rotary Club Cancer Ward of Nsambya Hospital. The Ruparelia Group Chairman was on July 10, 2022, a guest of honor at the installation of the club’s visionary President Kigoye Yusuf at an event held at Molly’s Place in Nsangi, Wakiso District. “I thank you for your charity and for working tirelessly to change…
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Justice, Prof. Lillian Tibatemwa-Ekirikubinza, of the Supreme Court has today dismissed Bank of Uganda’s attempts to hold on to Crane Bank Limited and ordered that the company be returned to its shareholders following the lapse of the receivership on 20th January 2018 and the dismissal of Bank of Uganda’s case against the bank’s shareholders. Delivering her ruling today, 1st July 2022, Justice Prof. Tibatemwa-Ekirikubinza echoed the 11th of February 2022, Supreme Court ruling in which five Justices of the Supreme Court—Rubby Opio-Aweri, Faith Mwondha, Prof. Tibatemwa-Ekirikubinza, Ezekiel Muhanguzi And Percy Night Tuhaise affirmed that the receivership of Crane Bank had…
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Meera Investments Limited has commenced construction of their long-awaited One-10 Apartments project, promising, nothing but smooth luxury living, at Kampala’s most vibrant location! With Panoramic views of Kampala, One-10 Apartments is perfectly located in the exclusive suburb of Kololo, the most sought-after hill in Kampala. The project, described as one-of-a-kind by its developers, offers a total of 156 luxury apartments spread across 15 floors (includes 2 basement floors for parking) along Prince Charles Drive in Kololo. The 156 apartments are split into configurations of one, two, three and four-bedroom apartments. The two-bedroom apartments come in four different sizes i.e., 123…
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Businessman Patrick Bitature, the CEO and Founder of the Simba Group of Companies has rubbished malicious reports that city tycoon Sudhir Ruparelia is after his property. Bitature has of late been in commercial dispute with a South African equity firm Vantage Capital. Through his official Twitter handle, he dismissed all the claims that have been making rounds on social media that Sudhir could be behind Vantage’s attempt to take over Bitature’s empire. “I would like to assure all of you that I do not think anybody in Uganda and in particular my long-time friend Sudhir Ruperalia is after my property….
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