How the central bank’s handling of the problems of Crane Bank showed lack of imagination and strategy THE LAST WORD |Andrew M. Mwenda| I have always had high respect for Bank of Uganda (BOU) because of its management competences. Since the collapse of Uganda Commercial Bank in 1999, BOU has …
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In the Independent this week: BOU’s war with Sudhir and how the central bank’s handling of the problems of Crane Bank showed lack of imagination and strategy. COVER STORY Secrets of Sudhir saga: How BoU is overseeing the biggest asset grab ever. THE LAST WORD BOU’s war with Sudhir: How …
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Can Hamis Kiggundu deliver on his promise? Ham Shopping Grounds is a tiny concrete cream building, often called a mall, about half the size of standard football pitch with four floors and flat concrete roof-top right at the edge of Uganda’s oldest sports arena; the Nakivubo Memorial Stadium. The stadium …
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ANALYSIS: Why President Yoweri Museveni’s behind- the-scenes-maneuvers to save Sudhir’s bank hit a snag On Oct.10, President Yoweri Museveni directed the Prime Minister Dr. Ruhakana Rugunda to find an immediate solution to Crane Bank’s problems with the Bank of Uganda (BoU). Apparently, this was expected to mark an end a …
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One of Africa’s richest men, Kampala property mogul Sudhir Ruparelia says no bank is interested in taking the property of a client who defaults on a loan. In an exclusive interview, Sudhir told The Independent that when clients default on loans and banks are forced to foreclose, there are usually …
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By Independent Team For over two decades, he has been contributing to the growth of business and industry in Uganda Sudhir Ruparelia, the chairman of the Ruparelia Group of Companies, who has for over two decades been contributing to the growth of business and industry in Uganda, has finally been …
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The Independent Uganda: You get the Truth we Pay the Price
