Banking law Uganda

Phillip Karugaba (left) and Patrick Turinawe (right), both Executives at ENSafrica, are calling for a fundamental rethink of how banking disputes are resolved in Uganda, warning that prolonged litigation is locking up capital and driving up the cost of credit.

OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved

Uganda’s Commercial Court Division carries a burden that no amount of judicial efficiency can resolve alone. Currently, 623 cases involving banks are pending before the court, with the aggregate value in dispute
With over half of Uganda’s GDP anchored in the informal sector, the future of inclusive banking may hinge on one thorny issue: can bibanja—unregistered land—be safely and legally accepted as collateral? Dentons Advocates' Associate Partner, Julius Kyamanywa, explores the legal ambiguities, credit risks, and a path forward.
Julius Kyamanywa is an Associate Partner at Dentons Advocates Uganda and an Advocate of the High Court with over 15 years of multifaceted legal experience.

Credit Underwriting Of Unregistered Land (‘Bibanja’) – A Discourse On The Ambiguous Legal Regime In Uganda

Over 50% of Uganda’s GDP is attributed to the informal sector (UBOS 2024 Census Report). It is therefore inevitable that financial institutions have to tap into it to sell their financial products

 

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