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In the Ugandan business world, a few people epitomize Warren Buffett’s timeless advice like Charles Mbire, a quietly dominant billionaire, cofounder and Board Chairman of MTN Uganda. In 2024 alone,…
Forbes Africa released its annual list of Africa’s billionaires with its 2024 class of 20 billionaires now worth $82.4bn. Collectively, these billionaires would be the 18th richest person in the world sandwiched between Indian Gautam Adani ($84bn) and Walmart heir Jim Walton ($78.4bn). For yet another year, Forbes does not feature any Ugandan. But Uganda isn’t the only country that is not represented here. The 20 billionaires come from just 7 countries. Forbes recognises that Africa is one of the “toughest places to build and hold onto a billion-dollar fortune” due to various factors like scepticism from global investors, strained…
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The Republic of Namibia has appointed Ugandan billionaire businessman, Godfrey Kalule Kirumira as its Honorary Consul to Uganda. A Consul in foreign service and foreign relations is a person who is commissioned by a state to represent and or service the commercial interests of the appointing country in the country that the appointee resides. The Consul also offer consular services and any other such routine functions as issuing visas and or renewing passports. Mr. Kirumira, who travelled to the Southern Africa country, received his appointment credentials from Mrs Mario Munwela, the Chief Foreign Relations Officer at Namibia’s Ministry of International…
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A bird’ s-eye view of the Ruparelia Residence. Although the general house was designed mainly by Jyostna Ruparelia, Sudhir’s wife, working together with Kristine Kirsten, the Group architect, each of the Ruparelia family members had a chance to design their own living spaces. Dr. Sudhir Ruparelia is undoubtedly Uganda’s richest man and one of East Africa’s top 5 wealthy people. His Meera Investments Ltd is the largest developer of commercial and residential space, with over 300 properties all over Uganda and owns the largest number of ongoing real estate projects and is the biggest private owner of commercial land in…
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Dr. Sudhir Ruparelia is the founder and Chairman of the Ruparelia Group, one of Uganda’s largest business conglomerates with investments in financial services, real estate, education, hospitality, agriculture and broadcasting….
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