Kayla Namulondo

Kayla Namulondo

Business Man Sudhir Ruparelia Tips Lawyers On Business, Wealth

The story of Dr. Sudhir Ruparelia being the richest man in Uganda is one that has been told many times but not many times has the astute businessman himself told an up-close tale of what is to be a wealth man and a successful businessman.

But last Saturday, law students at Makerere Law School were lucky when the businessman agreed to speech to them at the annual Makerere lawyers Annual dinner. The dinner, at Kampala Serena Hotel, was used to mark 50 Years of the law school at Makerere.

In his key note address titled “the relationship between business and the Law; and the opportunities that will be available for Lawyers in the future,” the upcoming lawyers got firsthand experience and tips on making money and excelling as entrepreneurs.

Ruparelia in his address noted that being a seasoned businessman carries with it a tag of weathering storms and soldiering on a challenging journey.

Focusing on two segments; the Relationship between business and the law and the Opportunities that will be available for Lawyers in the future, the businessman told his story in which he overcame the burden of growing up in exile in London and returning to Uganda to start out as a businessman.

"In December, 1986 I started business-trading business on Kampala road with a capital of USD 25,000. Like Chairman Mao said a long journey starts with one step. From the one trading step in December 1986 to date the Ruparelia Group is comprised of 14 Companies in different sectors.

Commenting on the success journey his Ruparelia Group has gained, Ruparelia said: "To do all this one needs good professionals, good dependable people and this includes good lawyers.I will not define who a good Lawyer is but professionalism, reputation, knowledge and agility are key attributes. A good lawyer must constantly be ahead of the curve in the profession.

"When we talk of business, there is one key pillar of it that is inevitable. That is Capital. One thing we must constantly remember about capital is the now famed phrase; CAPITAL IS A COWARD. This phrase first came in print in October, 1884 in the Jersey Journal.

As you know when threatened, a coward flees and so does capital under threat. It goes where it is safe and stays where it is protected. It flees when threatened and unprotected. The biggest protector of capital and therefore business is the Law. This sums up the relationship between business and the Law."

Risk taking, the businessman said, is an attribute of entrepreneurship. He advised that risk must always be weighed against rewards and possibilities. "What is undisputed is that every business has risk well embedded in it. The Law is the strongest insurance against many risks.

That is why confidence in a functioning and reliable judicial system is key for business. The compliance and regulatory environment is important too. Business thrives when the rule of Law exists. As a businessman you always want that comfort that the law will protect you and you can run to Court or a Regulator should the need arise.

Read full speech HERE.

PHOTOS: How Easter Went Down At Speke Resort Munyonyo

Speke Resort Munyonyo was the place to be through the Easter weekend for hundreds of fun loving Ugandans who thronged the five star lakeside hotel for a memorable moment with family and friends.

Easter celebrations at Speke Resort Munyonyo and sister luxurious hotel, Munyonyo Commonwealth Resort kicked off on Thursday by offering guests discounts on accommodation.

Thereafter live music, easter breakfast, a boat cruise and kids parties reigned at the expansive glamourous five start hotel. If you missed this, we share with you these pictures captured, so that you know what you missed and plan for next year.

The Brunch on East Sunday was yummy
The children parties were eye catching

Speke Resort Munyonyo Named Best Luxurious Hotel

With each passing day, Speke Resort Munyonyo and Munyonyo Commonwealth Resort are tightening their grip on the hotel business market leadership.

The lavish resorts were yet again named the Best Service/Luxury Standard Hotel in the country at the annual Ekkula Pearl of Africa Tourism Awards which happened in Kampala. This is the third time in a row that they are winning this award.

Speke Resort Munyonyo general manager Greg Petzer speaking to this website shortly after the victory said they are inspired by their customers to keep at the top. “We want to give them the best. We work as a team to achieve this.” Petzer said.

Ekkula Tourism Awards recognizes and awards key Stakeholders in Uganda's Tourism Industry. It is the biggest Annual Tourism Event which celebrates the best players in the tourism industry. This is the third year the Awards are being organized in the same spirit.

 

Kabira Country Club In Fresh Exciting Easter Promo

Kabira Country Club a full-service hotel, offering elegance and comfort in a relaxed atmosphere in Kampala's northern suburb of Bukoto has announced it is offering discounts to its customers this Easter season.

With stunning views of the greater Kampala cityscape, Kabira combines gracious hospitality with contemporary style. And now, you can more of it to yourself this Easter season affordably and conveniently.

“Spend a night with us this Easter season at amazing rates starting at as low as $100. Chic, spacious and inviting are some of the simplest terms to describe our amazing rooms, pent house and cottages, said Vismay Maniyar, the general manager of Kabira Country Club.

All tariffs are exclusive of 18% VAT, 5% Service Charge & $2 Local Hotel Tax (LHT) per night International & Local or American Express credit cards are charged 5%

Kabira Country Club provides the best in luxury accommodation, with 86 suites, apartments & cottages. Furnished with an elegant contemporary style, Kabira is a perfect to call your home for a few days or even long term.

“With our personal mission to delve unparalleled service and experiences, you never have to settle for anything less than extraordinary.” Manniyar added.

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