UGANDAN BILLIONAIRE BASAJJABALABA’S EMPIRE ON TRIAL: Inside the UGX 80 Billion Case Against Housing Finance Company Kenya That Could Redefine His Empire Hassan Basajjabalaba’s empire stands at a crossroads as Kampala International University faces a crippling $20 million (UGX 80 billion) judgment. The Housing Finance Bank of Kenya case threatens not just his flagship university, but the very foundation of his business dynasty, testing whether decades of expansion and influence can withstand a global financial reckoning.

When Uganda’s Supreme Court hears the final appeal in Kampala International University Limited vs Housing Finance Company Limited (Kenya), it will not only be deciding the fate of a legal contest. It will also be ruling on the financial lifeline of one of Uganda’s most enduring business empires: the Basajjabalaba family fortune. For Hassan Basajjabalaba, the flamboyant tycoon and political heavyweight, this is no longer a matter of law. It is an existential test. At stake is a UGX 80 billion liability, roughly $23 million, whose enforcement could trigger a chain reaction across the billionaire’s education, healthcare, tea export, and…