Banking & Finance

Court grants ULS leave to appeal in the removal of the attorney general from the law council landmark case.
Court grants ULS leave to appeal in the removal of the attorney general from the law council landmark case.
KAMPALA, Uganda | The Court granted leave to appeal and, citing Kato Lubwama v. Habib Buwembo, stayed proceedings in the main cause to avoid rendering the…
  • June 23rd, 2025
  • Ezrah Kashumbusha
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High Court sets aside 1 billion in disputed taxes to URA
High Court sets aside 1 billion in disputed taxes to URA
KAMPALA, Uganda| Justice Mutesi set aside the Tribunal’s impugned observations and ultra vires order, remitted the matter for proper reconsideration of the preliminary objection, maintained…
  • May 14th, 2025
  • Ezrah Kashumbusha
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High Court dismisses ThreeWays director’s vs MTN $3.8M fraud case.
High Court dismisses ThreeWays director’s vs MTN $3.8M fraud case.
KAMPALA, Uganda| The High Court Judge Lawrence Gidudu held that the prosecution failed to prove criminal intent or common intention and that theft had occurred…
  • May 5th, 2025
  • Ezrah Kashumbusha
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Ugandan top Judge sentenced to 4 years in jail in UK
Ugandan top Judge sentenced to 4 years in jail in UK
KAMPALA, Uganda: '' And also engaged in dishonest conspiracy with Mugerwa to obtain a UK visa on a false basis but also brought the victim…
  • May 2nd, 2025
  • Ezrah Kashumbusha
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Court orders DFCU Bank, Commissioner of Lands, to pay 810 m to 27 people for illegal possession of land titles.
Court orders DFCU Bank, Commissioner of Lands, to pay 810 m to 27 people for illegal possession of land titles.
KAMPALA, Uganda| Justice Abinyo further held that both DFCU and the Commissioner of Land Registration violated the plaintiffs’ rights to quiet enjoyment and equitable interest…
  • May 2nd, 2025
  • Ezrah Kashumbusha
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URSB orders reinstatement of former director All Saints Primary School, Lweza as shareholder
URSB orders reinstatement of former director All Saints Primary School, Lweza as shareholder
KAMPALA, Uganda | Nasasira added that the report further compelled evidence that the individual who authored the sample signature could not have been the applicant…
  • April 30th, 2025
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High court dismisses URA’s petition on taxing BOU’s pension scheme
High court dismisses URA’s petition on taxing BOU’s pension scheme
KAMPALA, Uganda| Hon. Justice Phillip Odoki found out that on the classification of the scheme as a settlor trust, Section 70(f) of the Income Tax…
  • April 30th, 2025
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Court dissolves estate dispute in Luwero.
Court dissolves estate dispute in Luwero.
KAMPALA, Uganda| Justice Himbaza declared that the caveat lodged by the respondents on the suit land comprised in Bulemezi block 144 at Bugga, currently registered…
  • April 29th, 2025
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The High Court orders Stanbic Bank to refund UGX 340 million to the customer for unsecure banking systems.
The High Court orders Stanbic Bank to refund UGX 340 million to the customer for unsecure banking systems.
KAMPALA, Uganda The plaintiff sought a declaration that the defendant acted negligently and in breach of its statutory and contractual obligations in wrongfully debiting the…
  • April 16th, 2025
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High Court halts hearing of criminal case against ULS president Ssemakadde
High Court halts hearing of criminal case against ULS president Ssemakadde
KAMPALA, Uganda | The High Court granted the application and stayed the proceedings in Buganda Road Criminal Case No. 913 of 2024 pending determination of…
  • April 11th, 2025
  • Ezrah Kashumbusha
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Opposition politician Dr Besigye denied bail
Opposition politician Dr Besigye denied bail
KAMPALA, Uganda However, according to Kania, the accused persons have proved all the grounds, including exceptional circumstances; investigations are still ongoing, and they are likely…
  • April 11th, 2025
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Court declines to stay recovery shs 47 billion from KIU
Court declines to stay recovery shs 47 billion from KIU
KAMPALA, Uganda| Justice Mubiru ruled that the applicant has failed to satisfy the majority of the essential requirements for the grant of an order of…
  • April 8th, 2025
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Court orders Uganda Tourism Board retain Claire Nassali Mugabi as Marketing manager
Court orders Uganda Tourism Board retain Claire Nassali Mugabi as Marketing manager
KAMPALA, UGANDA | Nassali challenged the decision of dismissal of the Chief Executive Officer in court, arguing that her dismissal as the marketing manager was…
  • April 3rd, 2025
  • Ezrah Kashumbusha
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Uganda Money Lenders Threaten to Sue Over Interest Rate Cap
Uganda Money Lenders Threaten to Sue Over Interest Rate Cap
KAMPALA, Uganda | Money lenders in Uganda have issued a formal notice of intention to sue the government over a recently enacted regulation capping their…
  • November 30th, 2024
  • Monica Mutanguha
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Is Your Money Safe? What the Law Says About Bank of Uganda’s Money Heist
Is Your Money Safe? What the Law Says About Bank of Uganda’s Money Heist
OPINION | News about a cyber-attack on Bank of Uganda resulting in billions of shillings siphoned away by hackers is more than just unsettling headlines.…
  • November 27th, 2024
  • Wandera Francis
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Will the Money Lenders’ Interest Cap Apply to Existing Loans?
Will the Money Lenders’ Interest Cap Apply to Existing Loans?
OPINION | At the heart of this debate lies a crucial legal question: does the new interest cap apply to loans already in existence, or…
  • November 20th, 2024
  • Blair Atwebembeire
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Government Tightens Grip on Money Lenders with New Interest Rate Cap
Government Tightens Grip on Money Lenders with New Interest Rate Cap
KAMPALA, Uganda | Uganda’s Ministry of Finance, Planning, and Economic Development has issued a Legal Notice, introducing an interest rate cap for Tier 4 Microfinance…
  • November 18th, 2024
  • Trema Namara
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High Court Blocks Stanbic Bank’s UGX 1.3 Billion Claim on Family Property
High Court Blocks Stanbic Bank’s UGX 1.3 Billion Claim on Family Property
KAMPALA, Uganda | The High Court of Uganda has ruled against Stanbic Bank Uganda’s attempt to recover a substantial loan from a husband by targeting…
  • November 7th, 2024
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UK Court Puts Sudhir Ruparelia on the Spot in dfcu Case
UK Court Puts Sudhir Ruparelia on the Spot in dfcu Case
LONDON, UK | A High Court in the United Kingdom (UK) has ordered Ugandan businessman Sudhir Ruparelia to provide a personal guarantee to dfcu Bank,…
  • November 2nd, 2024
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