Court yet again declines to block foreclosure of Simbamanyo House and Afrique Suites Hotel

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The High Court’s Commercial Court has declined and dismissed an application by Simbamanyo Estates Limited, and its owner, Architect Peter Kamya to temporarily halt the transfer of two properties mortgaged by Equity Bank to recover USD10.8 million that the former borrowed and failed to repay. The application for temporary injunction- Miscellaneous Application No. 1611 of 2021 arises from Civil

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