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    Mortgage Act Uganda

    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…

    With over half of Uganda’s GDP anchored in the informal sector, the future of inclusive banking may hinge on one thorny issue: can bibanja—unregistered land—be safely and legally accepted as collateral? Dentons Advocates' Associate Partner, Julius Kyamanywa, explores the legal ambiguities, credit risks, and a path forward.

    Credit Underwriting Of Unregistered Land (‘Bibanja’) – A Discourse On The Ambiguous Legal Regime In Uganda

    theceoma and CEO East Africa MagazineLegal & JusticeThought LeadershipJuly 15, 2025July 15, 2025

    Over 50% of Uganda’s GDP is attributed to the informal sector (UBOS 2024 Census Report). It is therefore inevitable that financial institutions have to tap into it to sell their…

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