Once upon a time, in Naguru, Kampala, Andrew “Desh” Kananura, a renowned businessman and Vehicle and Equipment Leasing, a car leasing firm, entered into a deal. On the surface, the deal sounded simple. Vehicle and Equipment Leasing needed space to park many cars that it had imported. Kananura had the space at Panamera Bar, which…
The High Court in Kampala has ordered real estate developer Opec Prime Properties and its marketing agent, Remax Uganda, to refund Shs 3.8 billion to a group of homebuyers after finding that the companies breached housing sale agreements linked to the failed Naguru-Nakawa redevelopment project. In a judgment, Justice Stephen Mubiru ruled in favour of…
The High Court has overturned a contempt of court ruling and fines imposed by the Tax Appeals Tribunal (TAT) against Nile Breweries arguing that it (tribunal) lacked the power to punish the company for what it called “civil contempt”. However, the court sided with the tribunal on a key tax rule, confirming that companies must…
