The Court of Appeal will tomorrow (Wednesday) deliver its decision over a case in which DTB Limited is challenging last year’s High Court orders that outlawed the loan advanced to businessman…
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Embattled city businessman, Hamis Kiggundu (commonly known as Ham) and his lawyers, tried to secretly and illegally have three properties at the centre of a commercial dispute with two banks…
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The Hamis Kiggundu vs. Diamond Trust Bank (DTB) case took almost everyone by surprise. Everybody who knows the maverick businessman, the proprietor of Ham Enterprises and Kiggs International, knows that…
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Professor Emmanuel Tumusiime Mutebile, the Governor, Bank of Uganda has unequivocally said that foreign financial institutions that do not use locally-raised deposits to lend to Ugandan entities do not require…
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By Joseph O. OkujaThere’s a lot of discussion around the merits and implications of the judgement in the HAM vs DTB case. I have had the benefit of reading the…
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Diamond Trust Bank Uganda and Diamond Trust Bank Kenya, have in a joint statement said they are both “aggrieved and dissatisfied” with yesterday’s High Court ruling in which court ruled…
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