World’s leading TV news channel, CNN International, profiles Sudhir Ruparelia, Uganda’s wealthiest businessman. Ruparelia, recognized internationally for his remarkable feats, talks candidly about his achievements on CNN’s “African Voices.”
From a refugee and taxi driver to a revolutionary businessman, Sudhir Ruparelia is one of the most powerful and influential people in Uganda. Ruparelia has invested in banking, insurance, hospitality, conventions and leisure centres, education, property development, property management, flor0-culture.
Now, his new interest is to build a ‘decent hospital’ for Uganda. “African Voices” On CNN International’s ‘African Voices’ this week, Ruparelia – who has been recognized internationally for his achievements in the business world – explained how he founded the Ruparelia Group of companies, which has risen to become Uganda’s largest conglomerate.
“Passion is very important. Anything I do is a passion. Any business, whether it’s a social thing, I do it with passion. It’s part and parcel of me,” he explains.
Ruparelia Group own more than a dozen companies including Crane Bank – Uganda’s third largest banking institution, Munyonyo Common Wealth Resort – East Africa’s biggest resort, Victoria University and Sanyu FM – one of the leading radio stations in Uganda, among others.
“We employ over 7000 people in Uganda and the group will soon employ an additional 7000 workers once we manage to start up a new rose farm,” said Ruparelia.
Having moulded himself from a taxi driver to one of Uganda’s most powerful entrepreneurs, Ruparelia credits his success to his business philosophy.
“One of the biggest principles of business: 90% of the profits made are reinvested back in the business,” he stated.
Despite having roots in India, Sudhir Ruparelia was born and raised in Uganda. His father was born in Uganda in 1932. Ruparelia was born in the East African country in 1956. “We have about four generations of our family now in Africa,” he explains.
Sudhir Ruparelia’s is profiled on ‘African Voices’ which airs on CNN International on Saturday 1730, Sunday 0530, 1100 and 2030, Monday 1230 and 1730 and Tuesday at 0730. Tune in to CNN on DStv Channel 401.
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