Ruparelia Group

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Ruparelia Group
TypePrivate Conglomerate
IndustryInvestments
Founded1985; 37 years ago (1985)
HeadquartersKampala, Uganda
Key people
Sudhir Ruparelia
chairman

executive director
ProductsBanking, horticulture, insurance, schools, real estate, hotels & resorts, broadcasting
WebsiteHomepage

The Ruparelia Group of Companies, commonly referred to as the Ruparelia Group, is a privately owned conglomerate in Uganda. Sudhir Ruparelia, a wealthy Ugandan businessman, is a shareholder in each of the companies in the Group.[1]

Overview[]

As of February 2018, Ruparelia Group is mainly involved in education, real estate development and management, hotels, resorts, floriculture and broadcasting. 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.[2]

History[]

As a young man in England, Sudhir Ruparelia successfully established a number of small businesses before returning to Uganda in the 1980s to take advantage of the improving political and business stability.[3]

Subsidiary companies[]

As of May 2021, the companies of the Ruparelia Group included but were not limited to the following:[4]

  • Premier Recruitment Limited - Kampala[5]
  • Crane Management Services Limited - Kampala
  • Dehli Public International School-Naguru, Kampala
  • Goldstar Insurance Company Limited - Kampala
  • Kabira Country Club - Bukoto, Kampala
  • Kampala International School Uganda[6][7]
  • Kampala Parents' School
  • Kampala Speke Hotel - Kampala
  • Meera Investments Limited - Kampala
  • Munyonyo Commonwealth Resort - Munyonyo[8]
  • Premier Roses Limited - Entebbe[9]
  • Rosebud Limited - Entebbe[9]
  • Sanyu FM 88.2 - Kampala
  • Speke Apartments Limited - Kampala
  • Speke Resort and Conference Center - Munyonyo, Kampala
  • Kampala Tourist Hotel - Kampala
  • Victoria University Uganda - Kampala[10]
  • Vcon Construction Uganda Limited[11]
  • The group owns commercial and real estate interests in Rwanda, South Sudan, the United Kingdom, and the United Arab Emirates.[12]
  • Pearl Business Park: In July 2021, the Group announced plans to establish an upscale business park on 18 acres (7 ha) that the group owns in the city of Kampala. The park will comprise of a shopping mall, a five-star hotel and a modern hospital.[13][14]

See also[]

References[]

  1. ^ Mfonobong Nsehe (20 November 2012). "Sudhir Ruparelia, Uganda's Multi-talented Property Baron". Forbes.com. New York City. Retrieved 5 November 2016.
  2. ^ Mfonobong Nsehe (25 June 2014). "The World's Billionaires: #1523 Sudhir Ruparelia". Forbes.com. Retrieved 25 June 2014.
  3. ^ Jamal, Vali (3 October 2012). "Ugandan Asians: The Making of Ruparelia Group". Daily Monitor. Retrieved 25 June 2014.
  4. ^ 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.
  5. ^ Business Focus (22 January 2021). "Premier Recruitment Flags off 68 Ugandans For Jobs In Saudi Arabia, Qatar". Kampala: Business Focus Uganda. Retrieved 8 May 2021.
  6. ^ Balagadde, Samuel (22 June 2009). "Sudhir Invests US$14 Million In School". New Vision. Archived from the original on 26 June 2009. Retrieved 25 June 2014.
  7. ^ Conan Businge, and Ssebidde Kiryowa (20 July 2015). "KISU Students Excel In International Baccalaureate Exams". New Vision. Kampala. Retrieved 20 July 2015.
  8. ^ 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.
  9. ^ a b Wagabaza, Owen (30 October 2017). "Flower companies receive free zone licences". New Vision. Kampala. Retrieved 2 December 2017.
  10. ^ Conan Businge, and Ssebide Kiryowa (5 September 2013). "Businessman Sudhir Buys Victoria University". New Vision. Retrieved 25 June 2014.
  11. ^ Shabibah Nakirigya (17 February 2021). "Prince Nakibinge flags off building of Muslim tower". Daily Monitor. Kampala. Retrieved 17 April 2021.
  12. ^ Sebidde Kiryowa (24 November 2012). "Sudhir Richest Man In East Africa – Forbes". New Vision. Kampala, Uganda. Retrieved 13 February 2022.
  13. ^ Javira Ssebwami (5 July 2021). "Ruparelia Group unveils massive Kampala 'Pearl Business Park' development project". PML Daily. Kampala, Uganda. Retrieved 13 February 2022.
  14. ^ Hannington Mbabazi (4 July 2021). "Ruparelia Group Unveils Mega Kampala 'Pearl Business Park' Development Project". The Capital Times. Kampala, Uganda. Retrieved 13 February 2022.

External links[]

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