Matooke Republic
Wednesday, September 3, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Take an example of the Sudhirs and Madhvanis that have made it here – Museveni woos International Lohana business community

Matooke Republic by Matooke Republic
March 23, 2023
in Business, Uncategorized
Reading Time: 3 mins read
Share on FacebookShare on Twitter

President Yoweri Museveni has wooed the international Lohana community to take advantage of the huge raw material base and invest in Uganda.

The President was speaking at the Lohana International Business Forum held at Speke Resort in Munyonyo on Wednesday.

The forum themed ‘Africa Calling’ attracted over 800 business leaders from of the Lohana community from over 28 countries.

RELATED POSTS

Samsung Electronics East Africa Brings “Awesome” to Uganda with New Galaxy A Series

Samsung and Watu Simu empower over 500,000 Ugandans with affordable smartphones

Museveni hailed the Ugandan Lohana community and thanked them for inviting other investors that will help in the transformation of the country.

“Lohanas like the Ruparelias and the Madhvanis have invited you form the other parts of the world. I thank them so much because this economy can grow to a trillion if you add value to our raw materials
We have got a large spectrum and quantity of raw materials,” Museveni said.

Tycoon Sudhir Ruparelia, The Chairman Board of Trustees of the Lohana Community in Uganda made a case for investing in Uganda as it is in this country that he has invested to be recognised as the wealthiest individuals in Africa.

Sudhir Ruparelia the Chairman of the Lohana Community Board of Trustees in Uganda address the forum

“Uganda has many natural resources, a young and increasingly educated workforce, steadily rising middle income and more stable in governance including micro economic policies which makes an idea of this nation for a long term investment,” he said.

“Uganda has many natural resources, a young and increasingly educated workforce, steadily rising middle income and more stable in governance including micro economic policies which makes an idea of this nation for a long term investment,” Sudhir added.

Sudhir described President Museveni as foresighted, supportive of the business communities in Uganda and is always willing to listen to all business entrepreneurs whenever need arises.

During his address, Museveni rooted for manufacturing in the country and pointed to several sectors that can be exploited including agro processingsl, minerals, fresh water resources to facilitate fish farming, forest products, knowledge sector like the automobile industry, services sector and the pathogenic economy.

Museveni said Uganda is welcoming to investors from across the world and noted that the Lohanas have played a big part of the country’s development for several decades.

Mahaparishad Satish Vithalani is the global chairperson of the Lohana International Business Forum. He thanked Uganda for the hospitality encouraged members of the community to invest here.

Related

Tags: InvestmentLohanaLohana International Business ForumSudhir Ruparelia
Share2Tweet2Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Speke Resort Munyonyo hosts spiritual leader Bageshwar Dham Sarkar for special staycation

by Matooke Republic
3 weeks ago

...

Members of the Ruparelia family and TLG Group pose with local leaders at the newly commissioned borehole in Bank Village, Naguru—donated in memory of the late Rajiv Ruparelia.

TLG Group donates borehole and supplies to honour Rajiv Ruparelia

by Matooke Republic
2 months ago

...

Tycoon Sudhir Ruparelia .

Tycoon Sudhir Ruparelia to deliver keynote speech at 2025 UK-Africa Investment Summit in London

by Matooke Republic
2 months ago

...

X suspends fake account impersonating tycoon Sudhir Ruparelia

by Matooke Republic
3 months ago

...

Tycoon Sudhir Ruparelia warns public against fake X account

by Matooke Republic
3 months ago

...

Next Post

Ugandan forward Ssebuufu joins Ibrah Sekagya at New York Red Bulls II

Referee suspended for using spectator’s mobile phone as VAR to disallow goal

RECOMMENDED

Makindye East MP Derrick Nyeko will not seek re-election in 2026 after serving one term

September 2, 2025

Former MUBS Principal Balunywa remanded to Luzira over abuse of office

September 2, 2025
  • 642 Followers
  • 23.9k Followers

MOST VIEWED

  • Uganda vs Senegal: CAF reduces online ticket purchases per person ahead of quarter-final clash this Saturday

    574 shares
    Share 230 Tweet 144
  • How to buy tickets for CHAN 2024 matches in Uganda

    554 shares
    Share 222 Tweet 139
  • FULL LIST: Winners and Losers in the NRM CEC Elections

    139 shares
    Share 56 Tweet 35
  • Jose Chameleone’s wife Daniella Atim files for divorce over desertion and emotional neglect; Seeks custody of five children and ownership of Sseguku matrimonial home

    82 shares
    Share 33 Tweet 21
  • New Desire Luzinda nud3s leak: Is she back to naked past?

    243 shares
    Share 97 Tweet 61
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.