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    COmmercial Justice

    High Court dismisses UGX5.6 billion arbitration award to ATC Uganda against Smile Communications

    The CEO Magazine TeamCommercial JusticeIndustry & AnalysisThe Big StoryJune 27, 2023July 2, 2023

    The High Court (Commercial Division) Judge, Hon Justice Stephen Mubiru has set aside an arbitral award of USD1,251,916.08 (UGX5,623,025,394.8) and UGX954,372,437.77) awarded to tower companies ATC Uganda Limited and Eaton…

    Supreme Court hammers Ham in multi-billion dispute with Diamond Trust Bank

    Muhereza KyamuteteraCommercial JusticeIndustry & AnalysisThe Big StoryJune 14, 2023June 14, 2023

    Uganda’s Supreme Court, Uganda’s highest court has dismissed attempts by businessman Hamis Kiggundu to run away from his debt obligations with Diamond Trust Bank Uganda (DTB-U) and Diamond Trust Bank…

    UNAFRICANICITY: Court of Appeal orders Absa Bank Uganda to return fraudulently foreclosed school and pay UGX5.4 bn in compensation  

    The CEO Magazine TeamThe Big StoryMarch 3, 2023March 3, 2023

    Three Justices of Appeal, led by Deputy Chief Justice Hon. Justice Richard Buteera, Hon. Justice Catherine Bamugemereire, and Hon. Mr. Justice Stephen Musota, have ordered Absa Bank Uganda, to pay…

    Court attaches Daily Monitor’s UGX450 million in Citibank to pay Bigirimana for defamation

    CEO ReporterThe Big StoryFebruary 17, 2023February 17, 2023

    The High Court has ordered Citibank to attach and remit UGX450 million from Daily Monitor’s bank account to an account in Stanbic Bank in favour of the Permanent Secretary/ Secretary…

    Court of Appeal reaffirms UGX450 million damages award to Pius Bigirimana against Daily Monitor newspaper

    Muhereza KyamuteteraCompany NewsThe Big StoryJanuary 6, 2023January 6, 2023

    Two Justices of the Appellate Court have directed the Daily Monitor newspaper to pay Pius Bigirimana, a total sum of UGX450 million as compensatory damages for defaming him in a…

    Patrick Bitature Speaks Out, Reassures Stakeholders: “Legal and commercial issues have arisen in our financing, but will be firmly resolved.”

    The CEO Magazine TeamCompany NewsNews & AnalysisThe Big StoryMay 23, 2022May 23, 2022

    Businessman, Patrick Bitature, the CEO and Founder of the Simba Group of Companies, has spoken out about the ongoing commercial dispute between some of the Group Companies and a South…

    MOGAS satisfies court on its reorganisation; court maintains 6 months protection period against Stanbic Bank

    Nelson NambooleThe Big StoryMay 20, 2022May 23, 2022

    The High Court in Kampala has extended, by 3 months, its earlier 6 months injunction against Stanbic Bank’s attempts to enter Maestrol Oil and Gas Solutions – MOGAS Uganda Limited…

    Simba Properties speaks out; vows to challenge illegal move by S.African mezzanine fund to take over its properties

    Muhereza KyamuteteraCommercial JusticeIndustry & AnalysisNews & AnalysisThe Big StoryMay 18, 2022May 20, 2022

    Simba Properties Investment Co. Ltd has broken silence over a public auction advert that appeared in the Daily Monitor today, purporting to put up its properties for sale, dismissing the…

    Is South African Mezzanine Fund, trying to takeover Bitature’s property illegally? What we know so far from court.

    The CEO Magazine TeamIndustry & AnalysisThe Big StoryMay 18, 2022May 18, 2022

    This morning, a copy of an advert in one of the newspapers, made and is making several rounds on various social media channels, especially WhatsApp. The advert, by Quickway Auctioneers…

    VIDEO: A victorious Dr. Sudhir hits at BoU: You stole my Bank, but your incompetent and corrupt legal department and expensive-for-nothing external lawyers couldn’t save you

    Muhereza KyamuteteraCommercial JusticeCompany NewsNews & AnalysisThe Big StoryFebruary 11, 2022February 11, 2022

    Minutes after legally slaying Bank of Uganda, for the nth time, but this time for good, Dr. Sudhir Ruparelia, has hit at certain officials of the central bank for stealing…

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