Exclusive: Tycoon Patrick Bitature Sweats Plasma, Seating Pants Over USD10m Debt Acquired From South African Money Lenders
Patrick Baguma Bitature, one of Uganda’s key local investors, needs our fervent prayers. A ten million United States dollar ($10m) debt he took from the mezzanine capital providers based in South Africa is threatening to wipe out his entire business empire. The tragedy is that the debt is now a little shy of hitting a…