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But Why Has BoU Delayed To Pay Sudhir Billions Wasted In Bogus Case? Full Torch Into Court’s Decree Directing BoU To Stop Zigzagging

In the Supreme Court ruling delivered by Hon. Chief Justice Prof. Lillian Tibatemwa-Ekirikubinza JSC (as a single judge), on 1st July 2022, re-emphasized that once a company is placed under receivership, it doesn’t lose its legal existence-another loss for Bank of Uganda (BoU). This ruling came out of a failure by the two parties in this…

Peter Kamya Loses Case Against Sudhir Ruparelia, Equity Bank As Court Dismisses His Application To Stop Transfer Of Simbamanyo Building

The Commercial Court has dismissed an application by city architect Peter Kamya in which he sought a temporary injunction stopping the sale or transfer of his property Simbamanyo house on Lumumba Avenue and Afrique Suites Hotel in Kampala. On October 8, 2020, Equity Bank sold Afrique Suites Hotel on Mutungo Hill to Luwaluwa at $4,350,000…

Total Energies Launch 3rd Edition Of Startupper Of The Year Challenge

Following the success of the first two editions, TotalEnergies is relaunching the Startupper of the Year Challenge in 32 countries of the African continent. During the previous edition, TotalEnergies Marketing Uganda Limited rewarded four young entrepreneurs before the Covid pandemic. Beyond the entrepreneurial spirit, this 3rd edition of the Startupper Challenge of the Year reaffirms TotalEnergies’…

Kicks Of a Dying Horse: Troubled DTB Panics, Spreads Falsehood As Ham Awaits For Judgement Upon It’s Admissions On Illegality

Uganda’s media was awash on Friday with news that Tycoon Hamis Kiggundu alias Ham had lost his appeal against Diamond Trust Bank (DTB) which recently admitted illegality at the supreme court. Ham’s grounds of appeal at supreme court was that the justices at the court of appeal failed to address the substantial issue of illegality…

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