Muwema & Co. Advocates, the lawyers for businessman Matthias Magoola, have warned the public against buying his properties advertised for auction, saying no court has established the debt behind the sale. In a notice, Muwema & Co. Advocates said they were responding to a notice published in the New Vision on November 5, 2026 by…
The Court of Appeal has stopped the hearing of a multimillion-dollar loan dispute between Dei Industries International, Dei BioPharma, Dr Mathias Magoola and Equity Bank Uganda and Equity Bank Kenya, pending the determination of the main appeal. Justice Florence Nakachwa, sitting as a single justice of Appeal, ordered that the hearing and all proceedings in…
The High Court has dismissed an application by Dei Industries International and its proprietor, Dr Matthias Magoola, seeking to halt an ongoing independent audit process in their legal battle with Equity Bank Uganda Ltd and Equity Bank Kenya over a long-standing loan. Justice Susan Abinyo said Dei Industries and Magoola had failed to prove that…
