National Bank of Commerce Archives

UGANDAN BILLIONAIRES: Amos Nzeyi, the little bread vending boy from Kabale who grew up into a ‘big boy’ in Kampala

by CEO ReporterBillionaires CEOs News & Analysis The Big StoryMay 17, 2024May 17, 2024

Name: Amos NzeyiSource of Wealth: Carbonated Soft Drinks and Water, Hospitality & Tourism, Confectionaries & Real Estate Age: 75 yearsEstimated Worth: US$ 57 million (UGX200 billion)Amos is a Ugandan businessman, entrepreneur,…

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Why court dismissed Nzeyi case against BoU, Sudhir

by Ephraim KasoziCommercial Justice Industry & AnalysisJune 2, 2021June 2, 2021

Court has dismissed with costs a case in which businessman Amos Nzeyi had accused Bank of Uganda (BOU) of illegal closure of the National Bank of Commerce (NBC).Nzeyi co-owned NBC…

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COSASE REPORT: National Bank of Commerce moves to sue BoU for UGX295bn as BoU braces itself for over UGX 1 trillion lawsuits

by Muhereza KyamuteteraCommercial Justice Company News The Big StoryApril 6, 2019April 6, 2019

National Bank of Commerce (NBC) has become the first bank to drag Bank of Uganda (BoU) to court, following the damning Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that implicated the central bank for flouting several sections of the Financial Institutions Act, (FIA) 2004. According to correspondences seen by this news site, NBC lawyers, Nambale, Nerima & Co…

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