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On September 4, 2025, Justice Susan Odongo of the Commercial Court Division of the High Court in Kampala ruled against an application by the Baitwa brothers and their company to set aside a garnishee order. The order froze accounts of Three Ways Shipping Services (Group) in Stanbic and Standard Chartered, clearing the path for recovery of a $126,000 debt owed to Kenyan firm Transpares. The Baitwa brothers, Geoffrey Baitwa Bihamaiso and Oscar Rolands Baitwa Businge, had argued that they and their Ugandan group company were distinct from the Kenyan subsidiary that incurred the debt. But Justice Odongo dismissed this defence,…
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A stormy meeting chaired by President Museveni on Wednesday night to resolve the fights between Evelyn Anite, the Investment and Privatisation Minister, and Uganda Investment Authority (UIA) boss, Robert Mukiza, ended with the President calling for Anite to forgive Mukiza, and have speedy investigations instituted into the loan agreements signed to re-develop the Namanve Industrial Park infrastructure. The Attorney General will lead the investigations into loan agreements to address the glaring issues with a report expected in two weeks to be presented to the President for action. Government secured USD 200 million (UGX 735 billion) in 2019 sourced from UK…
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In the news this week, Broll Uganda one of the latest entrants into the property market, takes over management of UNHCC’s Crested Towers building and Raxio Data Centre says construction of their hitech facility in Namanve is 70% complete and oncourse for launch, come January 2020. Also in the news, Jubilee Insurance launches a women’s knowledge sharing platform.
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