How Equity Bank’s negligence cost exporter Shs 115 million

The High Court has found Equity Bank Uganda negligent after it released critical shipping documents without payment, causing an Indian exporter to lose over Shs 115 million in a botched international trade deal. In his ruling, Justice Stephen Mubiru of the Commercial Division of the High Court said the bank failed to follow clear instructions … Continue reading How Equity Bank’s negligence cost exporter Shs 115 million