Simbamanyo Estates

October 9, 2020

Big Story: Equity Bank Sells Simbamanyo House To Tycoon Sudhir After Borrower Defaults On Shs11.5Bn Loan

Kampala mogul Dr. Sudhir Ruparelia is the new landlord of the expansive Simbamanyo House, which is situated on Lumumba Avenue opposite CPS building, after his Meera Company bought the building from Equity

Business

October 19, 2020

Judge Asked To Step Aside In Simbamanyo House Case

Equity Bank Uganda denied having ever facilitated or engaged in facilitating any illegal cover to have Equity Bank Limited and Bankone Limited engage in financial institutions business in Uganda. Peter Kamya, an

Business

October 19, 2020

Simbamanyo Estates Loses Another Afrique Suites Hotel Over $10.8 Million Loan

Simbamanyo Estates Limited has lost another property, Afrique Suites Hotel over a $10.8 million loan acquired from Equity Bank. Recently, the Estate lost Simbamanyo House located on plot 2 Lumumba Avenue after

Why High Court Dust-binned Peter Kamya’s Application Stopping Transfer of Simbamanyo House, Afrique Suites Ownership

Last week, Justice Stephen Mubiru from Commercial Court dismissed the application by city businessman Peter Kamya in which he asked for a temporary injunction in a bid to stop Meera Investments and

April 18, 2022

Business

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

April 15, 2022

Business

Big Story: Embattled Ex-Simbamanyo Owner ‘Kamya’ Accused Of Defaulting Court Filing Fees

City lawyers from Walusimbi & Co. Advocates, who also double as representative of Meera Investments in the property row between Equity Bank and Architect Peter Kamya of Simbamanyo Estates after have petitioned

December 4, 2021

Crime

‘Sale Of Simbamanyo Building Was Legal But You Are At Liberty To Pursue Other Remedies’- Museveni Nails Ex Proprietors

President Yoweri Kaguta Museveni has advised Peter Kamya and Dr Margaret Muganwa Kamya, the proprietors of Simbamanyo House and Afrique Suites to seek court redress on the sale of the two properties.

November 22, 2021

News

Op-ed ANALYSIS: Is Simbamanyo’s Peter Kamya An Innocent Victim or a Dishonest Businessman Trying to Cheat Equity Bank? Did He Also Lie to Museveni to Arm-twist The Banks?

Last week a letter from President Yoweri Kaguta Museveni directing the Bank of Uganda Governor, Prof. Emmanuel Tumusiime Mutebile, to investigate the foreclosing of properties, belonging to Architect Peter Kamya of Simbamanyo

September 28, 2021

Business

How Ex Simbamanyo House Owners Kept On Earning Rent Despite Mortgaging The Building

Former Simbamanyo House owner Peter Kamya is in more trouble after move evidence reveal that he kept on collecting rent from the Ministry of Gender, Labour and Social Development despite mortgaging the

September 27, 2021

Business

BoU Report To Museveni – “Simbamanyo Estate Was Auctioned In Accordance With Provisions Of The Mortgage Act & the Mortgage Regulations To The highest Bidders”

Bank of Uganda has defended the decision by Equity Bank to auction Simbamanyo House and Afrique Suits saying the transaction was done under the law. BoU says Simbamanyo and Mr. Kamya failed

September 25, 2021

Business

‘Too Late To Revert’- Tycoon Sudhir Responds To Museveni’s Letter On Disputed Simbamanyo House

Property Magnet Dr Sudhir Ruparelia has broken silence on the disputed Simbamanyo House ownership days after the former owner Peter Kamya ran to President Museveni seeking intervention into the sale of their

September 22, 2021

Business

Matters Escalate: Museveni Orders BoU Governor ‘Mutebile’ To Investigate Simbamanyo, Afrique Suites Sale

The President of Uganda Yoweri Kaguta Museveni has ordered Bank of Uganda Governor Emmanuel Mutebile to expenditiously investigate the sale of Simbamanyo House and Afrique Suites by Equity Bank and report to

September 21, 2021

Business

High Court Dustbins Simbamanyo Estates Appeal, Ordered To Pay Costs To Equity, Meera For Wasting Their Time

The High Court in Kampala presided over by Justice Susan Abinyo has on Friday, August 30 dismissed with costs, an application in which the proprietors of Simbamanyo Estates Limited had sought to

July 30, 2021

News

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Simbamanyo Estates

Big Story: Equity Bank Sells Simbamanyo House To Tycoon Sudhir After Borrower Defaults On Shs11.5Bn Loan

Judge Asked To Step Aside In Simbamanyo House Case

Simbamanyo Estates Loses Another Afrique Suites Hotel Over $10.8 Million Loan

Why High Court Dust-binned Peter Kamya’s Application Stopping Transfer of Simbamanyo House, Afrique Suites Ownership

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

Big Story: Embattled Ex-Simbamanyo Owner ‘Kamya’ Accused Of Defaulting Court Filing Fees

‘Sale Of Simbamanyo Building Was Legal But You Are At Liberty To Pursue Other Remedies’- Museveni Nails Ex Proprietors

Op-ed ANALYSIS: Is Simbamanyo’s Peter Kamya An Innocent Victim or a Dishonest Businessman Trying to Cheat Equity Bank? Did He Also Lie to Museveni to Arm-twist The Banks?

How Ex Simbamanyo House Owners Kept On Earning Rent Despite Mortgaging The Building

BoU Report To Museveni – “Simbamanyo Estate Was Auctioned In Accordance With Provisions Of The Mortgage Act & the Mortgage Regulations To The highest Bidders”

‘Too Late To Revert’- Tycoon Sudhir Responds To Museveni’s Letter On Disputed Simbamanyo House

Matters Escalate: Museveni Orders BoU Governor ‘Mutebile’ To Investigate Simbamanyo, Afrique Suites Sale

High Court Dustbins Simbamanyo Estates Appeal, Ordered To Pay Costs To Equity, Meera For Wasting Their Time

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