In a recent ruling that has captured the attention of Uganda’s business community, businessman Haruna Sentongo, the brother of billionaire businessman Hamis Kigundu, has been ordered by Uganda’s Court of…
In a ruling that could redefine customer-bank relationships in Uganda’s financial sector, the High Court of Uganda has found Equity Bank Uganda Limited guilty of unlawfully freezing a customer’s account, a decision that may set a precedent for financial institutions operating in the country. The case, Barigye Innocent Herbert Baitwababo v. Equity Bank Uganda Limited, stemmed from the bank’s decision to freeze Barigye’s account over what it deemed suspicious transactions. However, Hon. Justice Ssekaana Musa ruled that Equity Bank acted in breach of its contractual obligations, as the customer had provided sufficient documentation to justify the funds in question. Background…
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Moses Dennis Lutalo, the Country Manager of Broll Uganda, a subsidiary of Broll Property Group, a pan-African commercial property services company, is in the eye of the storm following a court ruling that found that he helped his employer, Broll Uganda, to infringe on the moral rights to the copyright of an industry Retail Market Study Report by Knight Frank Uganda, his former employer. During his employment at Knight Frank, Lutalo had unrestricted access to the Retail Market Study Report, which included confidential information, such as details about upcoming commercial projects in Kampala. A year after Lutalo joined Broll, the…
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The Tax Appeals Tribunal of Uganda (TAT) was established by an Act of Parliament in 1997. It is a quasi-judicial body whose mandate is to handle tax disputes between the Uganda Revenue Authority and taxpayers as well as matters of taxation arising out of the tax laws. The specialised nature of the Tribunal enables it to resolve tax disputes expeditiously, professionally and technically. The Tribunal exercises both administrative and judicial powers – it can step into the shoes of the Commissioner General to vary, set aside or confirm his/her decision. It can also remit a matter back to URA for…
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East Africa is the fastest-growing economic region on the continent. In 2022, Uganda, Kenya and Tanzania attracted over USD13.3 billion worth of foreign direct investment (FDI). This is according to the latest investment report by the business advisory firm Ernst & Young. The report singled out Uganda as having received USD10.2 billion — the highest in East Africa — creating 6,300 jobs. However, a refusal by a Ugandan Commercial Court to respect and enforce a London Court of International Arbitration (LCIA) ruling has turned on the stage lights onto Uganda’s investment climate and may position the country in a bad…
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Hoima High Court Judge, Byaruhanga Jesse Rugyema on Friday 8th ruled in favour of the government allowing for over UGX 950m compensation money for defiant oil Project Affected Persons (PAPs) to be deposited in court. The court case was on Miscellaneous Cause 24 of 2023 and ensued on 4th December involving the Ministry of Energy and filed by the Attorney General on behalf of the government against 42 land occupants within Buliisa and Hoima Districts over 60 acres of disputed land that stalled the Tilenga Oil Project operations by French oil giant, Total Energies. The ruling therefore gave a…
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The Principle Judge Flavian Zeija has directed Justice Stephen Mubiru, not to hear or be allocated any further new cases until he disposes of 170 cases before him. The Principal Judge is the head of the High Court. He also manages the decentralized High Court Circuits as well as Magistrates Courts. The orders were contained in a December 01, 2023 letter (reference PJ/GEN/125/2023), titled “writing of all pending judgments and rulings before continuing with hearing of any other cases before you at the High Court Commercial Division”. “As you may recall, I convened a High Court Performance Review Retreat at…
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Fresh from securing an English appellate court order that dfcu Bank, its former management and directors, must answer claims that they participated in corruption and bribery of Central Bank officials so as to buy the former Crane Bank on the cheap, shareholders of the now closed Crane Bank have welcomed the ruling and vowed to pursue their search for justice in English courts. In a media statement released on Friday, 28th July 2023, Crane Bank shareholders said they were “delighted with the judgment of the Court of Appeal, which vindicates their position” that “their claim for hundreds of millions of…
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In yet another legal gimmick, largely perceived to be a delay tactic, to buy him time, against the inevitable, businessman Hamis Kiggundu (Ham) has applied to the Constitutional Court, seeking to overturn, a 6th June 2023 Supreme Court ruling that foiled the businessman’s attempts to avoid repaying billions that he borrowed from Diamond Trust Bank (U) Ltd (DTB-U) and Diamond Trust Bank (K) Ltd (DTB-K). In a 07th of July 2023 application to the Constitutional Court, Ham, together with his two companies, Ham Enterprises Ltd and Kiggs International (U) Ltd, have dragged the two banks and the Attorney General to…
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