Uganda Baati wins Shs1.66bn case as court faults Stanbic Bank over bounced cheques
Zimba Logistics & Hardware has been ordered by the High Court to pay Uganda Baati Shs1.66 billion for construction materials supplied on credit. Justice Stephen Mubiru ruled that Zimba Logistics and its managing director, Ali Teko Awazi, are jointly responsible for the unpaid debt. He also found that Stanbic Bank breached its banking duty to…