Bank of Uganda Governor Emmanuel Tumusiime says financial institutions are free to decided on credit relief for their customers. Courtesy photo
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Bank of Uganda has lost an application in which it sought to join as ‘Amicus Curie’ (Friend of the Court), the ongoing appeal by Diamond Trust Bank against Ham Enterprises, a company owned by businessman Hamis Kiggundu.The court was sitting to hear an appeal against a ruling by the high court to the effect that the DTB Kenya, a parent company of Diamond Trust Bank-Uganda, was not registered t

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