Author: Aijuka Peter

Dr. Sudhir Ruparelia, Uganda’s leading business magnate, has steadily risen to prominence as one of East Africa’s wealthiest individuals. His name now stands among Africa’s billionaires, a symbol of ambition, resilience, and homegrown success. Although not always listed in Africa’s top-tier billionaire rankings, which are often dominated by names like Aliko Dangote of Nigeria or Nicky Oppenheimer of South Africa, Dr. Sudhir remains unique. He is one of the few billionaires in the region who is entirely self-made, with wealth created and grown from African soil. With an estimated net worth of over 1.2 billion dollars, his fortune is the…

Former Makerere University Business School (MUBS) Principal, Professor Wasswa Balunywa, has been remanded to Luzira Prison on allegations of abuse of office. On Tuesday, Balunywa appeared before Chief Magistrate Rachael Nakyazze at the Anti-Corruption Court in Kampala to answer charges in two separate cases. He denied all the charges. In the first case, prosecutors allege that between March 18 and 28, 2023, Balunywa irregularly recruited three individuals—Arike James, Nimrod Kakayi, and Nathan Niwagira—as Administrative Assistants, despite their lack of the required academic qualifications. The alleged appointments reportedly caused unnecessary costs to the government. Jacqueline Namaganda, the Acting Human Resource Director…

Investing is both an art and a science. It requires a careful balance between risk and reward, analysis and intuition. At its core, investing is about allocating resources in ways that generate profitable returns over time. But what truly defines a good investor? Is it the size of their portfolio or the ability to predict market movements? While these factors matter, the essence of a good investor goes beyond numbers. It includes a combination of traits, strategies, and a mindset that separates the exceptional from the ordinary, notes Grid Capital Incorporated. Ugandan businessman Sudhir Ruparelia is recognized by Forbes as…

When the name Dr. Sudhir Ruparelia is mentioned, it is recognized far beyond Uganda. As one of the country’s most respected billionaire entrepreneurs, Sudhir has built a powerful business empire while also giving Uganda a strong position on the global investment map. Through his ventures, partnerships, and international recognition, he has become more than just a businessman. He is often seen as an unofficial ambassador for Uganda’s potential in business and investment. As the chairman of the Ruparelia Group, Dr. Sudhir manages a wide range of businesses that include real estate, hospitality, education, and agriculture. These industries showcase Uganda as…

Police in Arua City have arrested six Congolese nationals accused of attempting to circulate counterfeit US dollars, while several of their accomplices remain on the run. The suspects were apprehended late Friday in Upper Bibia Cell, Pangisha Ward, Arua Central Division, as they tried to exchange fake notes worth $300,000 (about Shs 1.1 billion). The counterfeit cash had been carefully bundled into three packs and was being traded for Ugandan shillings. According to Richard Amvuku, the officer in charge of operations at Arua Central Police Station (CPS), the arrests followed a community tip-off that led security teams to the suspects.…

Veteran journalist Andrew Mwenda has paid tribute to business mogul Dr. Sudhir Ruparelia for his latest real estate milestone, the RR Pearl Tower One, a 22-storey office tower that now rises prominently along Yusuf Lule Road in Kampala. In a message posted on X, formerly known as Twitter, Mwenda, who affectionately refers to Sudhir as his “grandson”, celebrated the new tower as “a classic case of beautiful architecture and great engineering.” He went on to praise the billionaire’s unusual approach to wealth, pointing out that unlike many others who move their money abroad, Sudhir is among the very few entrepreneurs…

The Buganda Road Chief Magistrate’s Court has refused to grant bail to Ethiopian national Tigist Ayalew, who is facing charges of fraud involving Shs917 million in a disputed land deal. On Thursday, Chief Magistrate Ronald Kayizzi ruled that the sureties presented by Ayalew were not sufficient to guarantee her appearance in court if she were released on bail. “I have considered the gravity of the offense and without going into the legality of the case. Considering that the accused is a non-Ugandan who the state considers as a flight risk, she ought to bring better sureties,” Mr Kayizzi said. The…

Kampala, Uganda – The suspension of the National Resistance Movement (NRM) youth elections has raised growing concerns among aspiring leaders, with Mercy Kanyesigye, the NRM National Female Youth MP candidate for 2026–2031, urging the party’s top organs to swiftly conclude the disrupted process. Her remarks followed Wednesday’s decision by President Yoweri Kaguta Museveni, who also serves as the NRM National Chairperson, to suspend elections for the National Youth League and Youth Members of Parliament. The move came after chaotic scenes disrupted the Delegates Conference held at Kololo. By Wednesday morning, security forces had restored calm, and other Central Executive Committee…

Ugandan businessman Dr. Sudhir Ruparelia has added his voice to the growing calls for the removal of visa restrictions within Africa. He believes that a single African passport would change the way Africans trade, travel, and connect with each other, saying such a move could open the continent to new opportunities in business and integration. “As a successful African businessman, I strongly believe that a single passport and visa-free Africa will transform the way we trade, travel and communicate. Imagine engaging with 1.2 billion people in Africa directly for business,” said Sudhir, the Chairman of the Ruparelia Group and Uganda’s…

Mukono, Uganda. A Trinity bus collided with a commuter train this morning at the Namumira Railway Crossing along Katosi Road in Mukono District. The accident occurred at approximately 6:30 a.m., according to eyewitnesses. Fortunately, early reports indicate that no lives were lost in the incident. Uganda Railways Corporation has confirmed that no passengers on the train sustained injuries. Railway Police swiftly arrested the bus driver at the scene. Authorities have not yet released an official statement by the time of this report. The collision forced the locomotive to derail while departing Mukono for Kampala, leading to the suspension of all…