When Uganda’s Supreme Court hears the final appeal in Kampala International University Limited vs Housing Finance Company Limited (Kenya), it will not only be deciding the fate of a legal contest. It will also be ruling on the financial lifeline of one of Uganda’s most enduring business empires: the Basajjabalaba family fortune. For Hassan Basajjabalaba, the flamboyant tycoon and political heavyweight, this is no longer a matter of law. It is an existential test. At stake is a UGX 80 billion liability, roughly $23 million, whose enforcement could trigger a chain reaction across the billionaire’s education, healthcare, tea export, and…
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