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OPINION: Does a foreign lender to a Ugandan business require a licence from the Bank of Uganda?

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LEFT-RIGHT: Phillip Karugaba, Head of ENSafrica Advocates, Uganda; Rachel Musoke, Partner, ENSafrica Advocates, Uganda and Sheila Pacuto, Senior Associate, ENSafrica Advocates, Uganda.

By Phillip Karugaba, Rachel Musoke and Sheila PacutoThe Ugandan Court of Appeal, (in Diamond Trust Bank (Kenya)/Diamond Trust Bank (Uganda) vs Ham Enterprises Civil Appeal No, 262 of 2020), has…

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