Stanbic Bank Uganda has been ordered by the court to deposit Shs200 million as security in a commercial dispute with Vegol Limited that has dragged on for four years now. It all began in 2022 when Vegol, a prominent manufacturer specializing in edible oils, soaps, and other products, sued another firm, Sanjay Trading Company Limited,…
The High Court has ordered a construction firm that was represented by Tumusiime, Kabega & Co. Advocates during a legal battle with DFCU to pay the law firm its legal fees. The law firm had asked the court to allow it to formally pursue payment of its legal fees after the company allegedly failed to…
The High Court has dismissed an application by Frontier Logistics International (U) Ltd and its director, Monte Daniels Nkurunungi Monte, seeking to compel Absa Bank Uganda to produce a valuation report for land used as collateral for a loan. Justice Susan Abinyo of the Commercial Division said Nkurunungi and his firm had failed to prove…
Bishop Grivas Musisi of Dunamis Radio and Prayer Palace is reeling after a one Jed Daniel Kabanda fraudulently obtained more than Shs 487 million from him in 2024 after posing as an official from Uganda Communications Commission (UCC). At that time, Musisi had issues with his broadcasting license, and Kabanda claimed he could make everything…
DFCU Bank has been granted permission by the High Court to appeal against an earlier decision in a long-running commercial dispute with Colline Hotel Limited, a case whose roots stretch back nearly a decade. In her ruling, Justice Susan Abinyo of the Commercial Division allowed DFCU Bank to challenge part of a ruling made in…
Justice Susan Abinyo of the Commercial Division of the High Court has dismissed an attempt by a Ntungamo-based businessman, Alex Mugisha, to defend himself in a fuel supply debt dispute with Stabex International Limited. Stabex sued Mugisha under a summary procedure, a system that allows creditors to obtain a quick judgment where the defendant is…
