Hamis Vs DTB Archives – Page 2 of 2

Foreign banks do not require central bank authorisation to lend to Ugandan entities; Bank of Uganda clarifies on controversial court ruling

by Muhereza KyamuteteraFinance The Big StoryOctober 14, 2020October 14, 2020

Professor Emmanuel Tumusiime Mutebile, the Governor, Bank of Uganda has unequivocally said that foreign financial institutions that do not use locally-raised deposits to lend to Ugandan entities do not require…

HAM vs DTB: Does a foreign lender to a Ugandan business require a licence? Expert lawyers point out the four errors made by court

by Muhereza KyamuteteraFinance The Big Story Thought LeadershipOctober 14, 2020October 14, 2020

By Phillip Karugaba , Rachel Musoke , Rehema Nakirya Ssemyalo and Anita Kenyangi The recent controversial decision in Ham Enterprises v Diamond Trust Bank (U) and Diamond Trust Bank (K) Ltd has shaken up Uganda’s banking and finance sector,…

DTB Kenya and DTB Uganda say they are “aggrieved and dissatisfied” with Hamis Kiggundu ruling, move swiftly to appeal the “unfair and unjust” High Court verdict

by Muhereza KyamuteteraThe Big StoryOctober 8, 2020October 9, 2020

Diamond Trust Bank Uganda and Diamond Trust Bank Kenya, have in a joint statement said they are both “aggrieved and dissatisfied” with yesterday’s High Court ruling in which court ruled…