Ugandan businessman Patrick Bitature

The Supreme Court has handed businessman Patrick Bitature a much-needed pause in his long and bruising legal fight with South African investment firm Vantage Mezzanine Fund II Partnership. In a ruling delivered on October 2, 2025, Justice Elizabeth Musoke temporarily stopped Vantage from moving to seize Bitature’s assets over a disputed USD 10 million loan. This decision does not end the case. Instead, it buys time for one of Uganda’s most prominent businessmen, allowing him to fight on as the highest court prepares to hear the bigger arguments. How the dispute began In 2014, one of Bitature’s companies, Simba Properties…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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