A family investment that began with hopes of building retirement homes in Naguru has ended in a costly court battle, with the High Court ordering Denis Tindyebwa and his wife, Christine Tindyebwa, to refund Shs 991 million to Geoffrey Tindyebwa and his wife, Lillian Njeri Tindyebwa. Justice Patience Rubagumya ruled that Geoffrey Tindyebwa had failed…
The High Court has dismissed an application filed by Henry Banyenzaki, a former minister and MP, over a disagreement he has with Tropical Bank regarding a loan facility he took in 2013. Justice Patience Rubagumya said the legal procedure (of originating summons) that Banyenzaki was using to try to evade paying the bank Shs 600…
Shumuk Aluminium Industries has been ordered by the Commercial Court to pay Bank of Baroda more than Shs 16.4 billion after losing a long-running legal battle over unpaid loan facilities. Justice Patience Rubagumya dismissed Shumuk’s case and instead ruled in favour of the bank, finding that the company had defaulted on its loan obligations and…
In December 2012, businessman Arvind Patel sued Zzimwe Enterprises and its directors, Paul Kasagga and Josephine Kasagga, demanding Shs 612 million. Paul and Josephine are the children of prominent businessman Andrew Kasagga, the founder of Zzimwe Enterprises, who died in 2010. Patel told the court the money was a friendly loan that had not been…
Negash Tenaye Anteneh and Haile Banteyehun got married in Ethiopia, 50 years ago (October 1976). In the 1980s, the couple moved to Uganda to do business. Life seemed good, and Banteyehun set up Vambeco Enterprises in 1999. The company specializes in water supply, sanitation, and civil engineering works. In 2004, after they had made some…
Bukusu Constructors, the distributor of Coca-Cola products in Manafwa district, has been ordered to pay the beverage giant Shs 412 million for breach of contract. Their relationship started on September 30, 2023, when Coca-Cola appointed Bukusu Constructors as its official distributor in Manafwa district for a period of three years. Under this agreement, Bukusu was…
Nile Breweries has been ordered to pay Fuel Stick Uganda Limited Shs 322 million for fuel additives supplied to its Mbarara plant, after the High Court rejected claims that the supplies were fictitious or counterfeit. The saga began in March 2022, when Nile Breweries issued three purchase orders for the supply of Biofuel Conditioner S19,…
The High Court has overturned a lower court decision in a bitter motor vehicle dispute between businessman Francis Egessa and Sheraz Anwar Investments, ruling that the car dealer breached the contract and must refund more than Shs 30 million to the buyer. In her ruling, Justice Patience Rubagumya faulted Sheraz Anwar Investments for unlawfully repossessing…
Patrick Maag, a businessman, has won the right to fully defend himself in court after Bank of Africa sued him, demanding more than Shs 113 million following the sale of his mortgaged home in Naalya. Justice Patience Rubagumya of the Commercial Division of the High Court said the dispute raised serious legal and factual questions…
When British American businessman Craig Whitehead teamed up with two Ugandan partners, Benjamin Buhikire and Simon Gombekwa, he believed he was helping build a promising venture in Uganda. Instead, Buhikire and Gombekwa quietly diverted more than Shs 228 million that Whitehead sent for company projects and used it for themselves. Does this sound familiar? For…
When the dreadlocked Ricky Papa Thomson walked into Ecobank Uganda in March 2023 to take out a salary loan of Shs 180 million, he believed he was signing up for a lifeline to support his work as a director at Safeboda. He also believed the loan came with an insurance cover that would protect him…
In 2010, Select Garments, one of the leading fashion stores in Uganda, signed a six-year lease for 348 square metres on the first floor of Forest Mall in Lugogo, Kampala. The building is run by Old Stanley Hotel, which is owned by businessman Stanislas Isiagi. It was supposed to pay Shs 27 million per month…
Joel Aita of Joadah Consult and three other firms will have to seek an arbitratot to mediate in a payment dispute with the Uganda Investment Authority (UIA) for works at the Namanve Industrial Park, court has ruled. The decision followed a legal battle in which Joadah, Roughton International Ltd, Turner and Townsend International Ltd, and…
The Commercial Division of the High Court has ordered Otim Osker, who used to work for Absa Bank Uganda, to pay back Shs 67 million he owes the bank in unpaid loans and credit card debt. Justice Patience Rubagumya did not buy Otim’s arguments and dismissed his application. She said Otim had no solid defence….
Mohanpal Singh Bharj, a Kampala-based businessman, has won a legal battle against his former tax adviser, Hitesh Mahendra Mehta, whom he had lent Shs 270 million. The case, heard in the Commercial Division of the High Court, stemmed from a financial arrangement gone sour between the two men, both chartered accountants. The disagreement began in…
