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March 19, 2026
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    Foreclosure

    Centenary Bank moves to auction businessman Joseph Kiyimba’s Club Ambiance, other properties over unpaid billions in debt

    Paul MurungiThe Big StorySeptember 5, 2025September 10, 2025

    Centenary Bank has instructed Banu General Agencies, a firm of auctioneers and bailiffs, to sell properties belonging to city businessman Joseph Kiyimba after he allegedly defaulted on loan obligations. The…

    Justice Mutesi gives Emin Pasha hotel until Oct.10 to raise UGX 9.7 Billion deposit on UGX 34 Billion Equity Bank debt

    Paul MurungiThe Big StoryAugust 15, 2025January 20, 2026

    The High Court’s Commercial Division has given Emin Pasha hotel and its affiliates breathing room in their mortgage fight with Equity Bank, extending the hold on the sale of the…

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