Elvis Ssekyanzi Wavamunno, once a budding entrepreneur and son of prominent businessman Gordon Wavamunno, has lost his bid to reopen a commercial court case in which Maru Capital is seeking to recover Shs164.86 million from him. Ssekyanzi had sought to stop the court from delivering a verdict, arguing that the case had been heard in…
The phrase “serviced apartment” became the centre of a tax dispute between businessman Sharad Karia and the Uganda Revenue Authority (URA), after the tax body argued that apartments he rented out in Kampala were not ordinary residential properties but serviced apartments whose income was liable to Value Added Tax (VAT). The dispute eventually reached the…
Joweria Nakku thought the Shs68 million she had saved in her Stanbic Bank account was safe. She had opened the savings account in 2001 and mainly used it to keep money rather than make frequent withdrawals. But the account had remained largely inactive for years except for a regular monthly insurance deduction. Her problems began…
The High Court has ordered Monitor Publications, NTV Uganda and its reporter Deogratious Wamala to jointly pay lawyer Silver Kayondo Shs185 million for infringing on his copyright, falsely attributing statements to him and misrepresenting his views. Justice Dr Ginamia Melody Ngwatu also ordered the media organisations to publish an apology on their print and online…
An application by Hill Water Uganda seeking to overturn a default judgment in a debt dispute with General Moulding Uganda has been dismissed, bringing to an end a lengthy legal battle over unpaid goods worth Shs 45.8 million. Justice Dr. Ginamia Melody Ngwatu of the Commercial Court dismissed Hill Water’s application with costs, saying the…
The High Court has thrown out a counterclaim in a commercial dispute involving money, property abroad, and the estate of Hajj Musa Sewava, a deceased businessman who founded Sir Apollo Schools in Uganda. Sewava’s son, Habib Namakajjo, had sued one of the wives of the late businessman, Madina Nakitto, after they disagreed on how to…
In October 2014, Arben Pajaziti, a Kampala businessman, agreed with Be Forward Ltd, a vehicle importation firm, to buy a car worth Shs 31 million. The vehicle was to be shipped to Kampala under cost, insurance, and freight (CIF) terms. Under the arrangement, Pajaziti paid the full purchase price. Another company, Cadam Enterprises, was tasked…
Katuramu & Company, a surveying firm, has been ordered to pay Centenary Bank Shs 521 million for misleading the bank into extending a loan to a client without conducting proper due diligence on the land offered as security. The case started in December 2021 when Hasifa Namulondo applied for a loan of Shs 350 million…
The High Court has ordered Bank of Baroda to release Shs 20 million to 92-year-old Christine Nanfuka, a widow, to cater for her medical and daily needs after her account was frozen amid a dispute with her co-signatory. Justice Dr. Ginamia Melody Ngwatu delivered the ruling in a case where Nanfuka sued the bank and…
The High Court has dismissed a lawsuit brought by businesswoman Margaret Nalubega against Equity Bank after she claimed that the bank delayed in clearing her credit record leading her to suffer a financial loss. The court found that the bank was not solely responsible for delays in clearing her credit record and that Nalubega failed…
