Kampala, Uganda | THE INDEPENDENT | In a rare display of displeasure by a lawyer, Muwema & Co. Advocates, the law firm representing Kampala businessman Hamis Kiggundu in his dispute with Dimond Trust Bank-DTB has today published a full-page advert in two newspapers castigating the Supreme Court for ruling against …
Read More »SUPREME COURT: $11m DTB loan to Hamis Kiggundu legal
Kampala, Uganda | THE INDEPENDENT | The Supreme Court has today given its judgment in the Ham Enterprises and Hamis Kiggudu vs Diamond Trust Bank case. Court says the loan to Kiggundu was legal. (read full judgment below ) Businessman Kiggundu had petitioned the Supreme Court in Kampala asking them …
Read More »Beyond Media Rhetoric: The legal, economic issues in the Ham v DTB case
My humble opinion it that just as the decision was on the face of it legally sound, the court decision was also economically sound COMMENT | James Muhindo | In order for one to understand the rationale behind the court decision in the Hamis Kiggundu Versus Diamond Trust Bank Uganda & …
Read More »Ham vs DTB court ruling
Experts warn of dire consequences for the private sector, government in relation to access to capital Kampala, Uganda | RONALD MUSOKE | Capital inflow in form of loans is big business in Uganda. In both the private and public sectors, loans secured from foreign investors boost service delivery, improve people’s …
Read More »Bank of Uganda issues statement on loans
Kampala, Uganda | THE INDEPENDENT & URN | Bank of Uganda (BOU) has stated that foreign banks lending deposits held in jurisdictions other than Uganda are regulated and supervised by their home authorities, and it is not mandatory for a foreign bank to establish a representative office in Uganda in …
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