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    Phillip Karugaba

    Investment Holding firm TLG Capital acquires 49% stake in Opportunity Bank Uganda

    CEO ReporterBanking & Financial ServicesCompany NewsThe Big StoryOctober 9, 2020October 10, 2020

    TLG Capital (TLG), an investment holding company, has announced that it has purchased 49% of Opportunity Bank Uganda Ltd (OBUL), a tier 1 financial institution (commercial bank) with 23 branches…

    The protection of wetlands in Uganda: too little too late

    CEO ReporterThought LeadershipSeptember 8, 2020September 8, 2020

    By Phillip Karugaba During the 2019 Wetlands Day Celebrations, President Yoweri Museveni, in a speech delivered by Prime Minister Ruhakana Rugunda, cautioned Ugandans against degrading wetlands and forests and called…

    TAT RULING: URA Commissioner General’s powers are not absolute and must be exercised reasonably

    theceomaThought LeadershipJuly 16, 2020July 16, 2020

    By Celia Becker and Phillip Karugaba The recent ruling of the Tax Appeals Tribunal (“TAT”) in the case of Century Bottling Company v Uganda Revenue Authority (“URA”), has brought the discretion of…

    Uganda: an assessment of Uganda’s legal response to the coronavirus (COVID-19)

    theceomaThought LeadershipApril 14, 2020April 14, 2020

    By Phillip Karugaba, Rehema Nakirya Ssemyalo and Tracy Kakongi Ten years ago, Uganda’s National Disaster Preparedness and Management Policy predicted that “an influenza pandemic may occur when a new influenza…

    PHILLIP KARUGABA: Major Legal Implications of Covid-19 for individuals and businesses that you should know

    Muhereza KyamuteteraThe Big StoryThought LeadershipMarch 28, 2020March 31, 2020

    As the country grapples with Covid-19, various directives are being issued by different authorities. It is incumbent on the authorities that the measures are issued within the law. Enterprises that…

    What do we know about Opportunity Bank, Uganda’s latest commercial bank, which you probably did not know?

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryOctober 27, 2019January 29, 2024

    Opportunity Bank Uganda Limited (OBUL) on 25th September 2019 was awarded a Commercial Banking license by Bank of Uganda, becoming Uganda’s 26th Commercial Bank. This follows a lengthy vetting process…

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