Lotis Towers undergo name change as Ugandan multimillionaire assumes ownership
The name change to “Arie Towers” reflects Ruparelia’s vision to reposition the building as a hub for business and commerce.
Sudhir Ruparelia
East Africa’s first billionaire Sudhir Ruparelia buys Lotis Towers from dfcu Bank
The acquisition of Lotis Towers, a 14-storied upscale building located at plot 16 MacKinnon Road, Nakasero, was confirmed by Sudhir Ruparelia himself following a bank auction.
10 companies owned by Uganda’s richest man Sudhir Ruparelia
These are 10 companies owned by Uganda’s richest man.
Uganda’s richest man Sudhir Ruparelia demands $8.66 million in rent arrears from dfcu Bank
Uganda’s richest man with a $1.1-billion net worth in 2012, Ruparelia is the chairman and founder of The Ruparelia Group.
Ugandan tycoon Sudhir Ruparelia-linked Crane Bank loses $212.5 million against dfcu Bank
Ruparelia had a $1.1-billion net worth in 2012.
Uganda’s richest man Sudhir Ruparelia regains control of Crane Bank
Ruparelia had a net worth of $1.1 billion in 2012.
Ugandan mogul Sudhir Ruparelia to redesign former military intel headquarters into business park
The Pearl Business Park is an 18-acre mixed-use facility that will host a five-star hotel, mall and modern hospital.
Ugandan tycoon Patrick Bitature re-elected as chairman of energy distributor Umeme
Bitature has been on the board since November 2007.
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