Kampala, Uganda | THE INDEPENDENT | The state has this week taken over criminal proceedings against businessman Patrick Bitature and his wife Carol Bitature in a $26m commercial dispute with South African money lender Vantage Mezzanine Fund 11 Partnership. The intervention by the Director of Public Prosecutions (DPP) comes after Kirunda …
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African Leadership magazine has unveiled three Ugandans, Patrick Bitature, Winnie Byanyima, and Ernest Rubondo, among nominees for its African Persons of the Year (POTY) 2023 awards. ANALYSIS | MONITOR REPORTER | The ALM Persons of the Year (POTY) awards presentation ceremony is a flagship annual event of the African Leadership Magazine, …
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It is risky for a country to depend on hydropower dams on a single river as the only source of power COMMENT | PETER NYANZI | Recent media reports that Government is considering to bailout business Patrick Bitature by acquiring Electromaxx, his thermal power generation company based in Tororo District in …
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Former Uganda telecom Limited officially metamorphoses into UTCL, all staff to be retained Kampala, Uganda | THE INDEPENDENT | On Nov.18, Uganda telecom Limited ceased to exist officially as the old administration handed over the assets and businesses to the newly formed Uganda Telecommunications Corporation Limited (UTCL) in the presence …
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The electricity firm H1 profits increased by 33% to Shs64bn Kampala, Uganda | THE INDEPENDENT | Electricity distributor, Umeme, has withheld payment of an interim dividend to its shareholders despite recording a 33% growth in profit after tax to Shs64bn for the six months period ending June.30. The company executives …
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Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed with costs an application by Kampala businessman Patrick Bitature for a temporary injunction to restrain his creditors of M/s Vantage Mezzanine Fund II Partnership from selling, alienating, disposing of, taking possession, or any action against his properties. On May 18, The Daily Monitor newspaper advertised the sale by public …
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Court throws all costs on lawyer Fred Muwema for misleading client Kampala, Uganda | THE INDEPENDENT | The Commercial Division of the High Court in Kampala has dismissed an application by Ugandan businessman Patrick Bitature and Simba properties Co. Ltd, Simba telecom, Linda properties and Elgon Terrace seeking a temporary injunction against Vantage …
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NEWS ANALYSIS | THE INDEPENDENT | Fred Muwema, the lawyer for businessman Patrick Bitature says the lenders purportedly seeking to reclaim money lent to the Ugandan, have no claim because they don’t exist. Speaking to Uganda Radio Network in an exclusive interview, Muwema acknowledged that indeed Bitature contracted a loan …
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NEWS ANALYSIS | BAKER BATTE – URN | On Friday, May 13, 2022, Muwema & Company Advocates and Solicitors asked Monitor Publications to retract a story stating that High Court Judge, Musa Ssekaana had asked the Uganda Registration Services Bureau-URSB to consider documents in the Simba Telecom takeover. In …
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Revealing the networks of people with power Kampala, Uganda | THE INDEPENDENT | In the April 30-07 issue of The Independent, Andrew Mwenda; in his column, wrote an article entitled “Paved with good intentions: How Western interventions in African affairs, even when well intentioned, produce bad results.” In that article, …
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The Independent Uganda: You get the Truth we Pay the Price