Ruparelia Group

Ruparelia Group
Private Conglomerate
Industry Investments
Founded 1985
Headquarters Kampala, Uganda
Key people
 Sudhir Ruparelia
chairman
Products Banking, Horticulture, Insurance, Schools, Real Estate, Hotels & Resorts, Broadcasting
Slogan Serving To Grow And Growing To Serve
Website Homepage

The Ruparelia Group of Companies, commonly referred to as the Ruparelia Group, is a privately owned conglomerate in Uganda.

Overview

Ruparelia Group is mainly involved in banking, foreign exchange bureaux, insurance, education, real estate development and management, floriculture, broadcasting, hotels, and resorts. Sudhir Ruparelia, the Group's founder and chairman is the majority shareholder in the companies that comprise the group. In November 2012, Forbes Magazine estimated his net worth at US$900 Million, making him the wealthiest individual in Uganda at the time.[1]

History

Sudhir Ruparelia was born in Uganda. He moved to the United Kingdom with his parents in his early teens. As a young man in England, he successfully established a number of small businesses before returning to Uganda in the 1980s to take advantage of improving political and business stability.[2]

Subsidiary companies

The companies of Ruparelia Group include but are not limited to the following:[3]

See also

References

  1. ↑ Nsehe, Mfonobong (Contributor) (25 June 2014). "The World's Billionaires: #1523 Sudhir Ruparelia". Forbes.com. Retrieved 25 June 2014.
  2. ↑ Jamal, Vali (3 October 2012). "Ugandan Asians: The Making of Ruparelia Group". Daily Monitor. Retrieved 25 June 2014.
  3. ↑ Nsehe, Mfonobong (26 April 2013). "Africa’s Newest Billionaire: Ugandan Builds $1.1 Billion Fortune From The Ground Up". Ventures-Africa.com. Retrieved 25 June 2014.
  4. ↑ Stephen Otage, and Stephen Wandera (26 July 2013). "Crane Bank To Extend Operations To Rwanda". Daily Monitor.
  5. ↑ "Supervised Financial Institutions: Forex Bureaux". Bank of Uganda. Retrieved 25 June 2014.
  6. ↑ State House Uganda (7 August 2012). "President Yoweri Museveni In Hat Chairing The Great Lakes Summit At Munyonyo On 7-8-2012". StateHouse.go.ug. Retrieved 25 June 2014.
  7. ↑ Balagadde, Samuel (22 June 2009). "Sudhir Invests US$14 Million In School". New Vision. Retrieved 25 June 2014.
  8. ↑ Conan Businge, and Ssebidde Kiryowa (20 July 2015). "KISU Students Excel In International Baccalaureate Exams". New Vision. Kampala. Retrieved 20 July 2015.
  9. ↑ Conan Businge, and Ssebide Kiryowa (5 September 2013). "Businessman Sudhir Buys Victoria University". New Vision. Retrieved 25 June 2014.
  10. ↑ Kiryowa, Sebidde (24 November 2012). "Sudhir Richest Man In East Africa – Forbes". New Vision.

External links

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