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April 7, 2026
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    Kenya Commercial Bank

    Olive Zaitun Kigongo (left) and Alison Gallagher, mother and widow of the late Cedric Ndilima Babu, respectively, are seeking court declarations that KCB breached its mortgage agreement, an injunction blocking foreclosure of the Kololo condominium, a write-off of the outstanding loan, return of the property title, damages, and legal costs.

    Olive Kigongo, Cedric Babu’s Widow and KCB Bank in UGX 1.2b Kololo Property Fight

    CEO East Africa MagazineThe Big StoryFebruary 20, 2026February 24, 2026

    A high-value property in Kololo purchased at a value of UGX 1.2 billion has become the subject of a legal showdown between businesswoman Olive Zaitun Kigongo, her co-administrator Alison Gallagher,…

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    Thought Leadership
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      • The Big Story
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      • Banking & Financial Services
      • News & Analysis
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      • East Africa
      • Investigations & Special Reports
      • Economy & Policy
      • Markets & Money
      • Global News
      • Hospitality & Tourism
      • Real Estate & Construction
      • Legal & Justice
      • Manufacturing & Industry
      • Media & Communication
      • News In Pictures
      • Politics & Goverment
      • Regulation & Compliance
      • Sponsored Content
      • Agriculture & Agro-industry
    • Leadership & Governance
      • CEO Perspectives
      • Executive Profiles
      • Women In Leadership
      • Entrepreneurship
      • Transitions & Succession
      • C-Suite Leadership
      • Boards & Governance
      • Thought Leadership
      • Ugandans Excelling Abroad
    • Lists & Rankings
      • 100 Leading & Admired CEOs
      • 100 Most Trusted & Respected Companies
      • 100 Women Fixing Uganda
      • Billionaires
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      • 50 Leading CHROs
      • CEO Of The Week
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