By Ben Sebuguzi
Following the destruction of the economy in 1970s by President Amin,Ruparelia Group of companies is one of the companies that can not go unmentioned as one of the fruits of NRM since 1986 after the gorilla war.
Just like Mukwano group,Ruparelia group started in 1986 when our country was beginning to stabilize after a long period of instability since independence in 1962.
Currently,our GDP stands at $28b compared to about a paltry of $250m in 1986 and this exponential growth is as a result of hardworking people like Dr. Sudhir Ruparelia,the Chairman of the Ruparelia group who have decided to maximize the prevalent good economic reforms to expand their businesses which has not only increased taxes but has employed thousands of Ugandans.
Ruparelia group has diversified in a number of sectors which includes among others
- Financial services
- Real estate
Some of the companies they own include Speke hotel,Red fox bureau,Gold star insurance,Uleva suits,Crane mgt service,Equator rafts limited,among others .
His modern state of the art buildings in the city have continued to uplift the status of our country and hence greatly contributed to the tourism sector.
It should also be noted that Ruparelia group owns one of the leading floriculture firms that have lifted the industry as the sector fetches our country about $28m dollars in form of foreign currency.
This has made him a darling to many Ugandans including youths who see him as a great asset to our country in terms of job creation.
Recently it was only the President and Minister of Finance who proudly emphasized the role of investors in our country and good enough,the trajectory has changed as many youths have come out to support investors in case they have been troubled.
BUY UGANDA BUILD UGANDA
UGANDA POOR YOUTH MOVEMENT
Ssebuguzi is the Secretary General Uganda Poor Youth Movement