Tag Archives: Ham Kiggundu

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has withdrawn from the case in which Diamond Trust Bank (DTB) seeks to overturn a high court ruling which faulted Diamond Trust Bank-Uganda for collecting debts on behalf of its parent company DTB-Kenya. The judgement stemmed from a case filed by …

Kampala, Uganda | THE INDEPENDENT | The Commercial Court judgment against Diamond Trust Bank-DTB will have wider repercussions across the entire economy in terms of the cost of credit. On Wednesday, the Head of the Commercial Court, Justice Henry Peter Adonyo ruled that the credit facilities DTB-Kenya offered to local businessman, …

Kampala, Uganda |  THE INDEPENDENT |  Uganda’s banking sector has joined Diamond Trust Bank in the fight to overturn a court judgement that saw DTB lose a 42 billion Shilling case to Ham Enterprises. The industry fears that this decision if implemented, will have far-reaching consequences on the industry. Ham …

Kampala, Uganda |  THE INDEPENDENT |   The High Court Commercial Division has ordered Diamond Trust Bank Uganda and Kenya to refund more than 120 Billion Shillings they illegally deducted from two accounts of businessman Hamis Kiggundu. In August 2020, Kiggundu petitioned the court after 85 billion Shillings and 34 billion …

Kampala, Uganda | THE INDEPENDENT | Media experts have cautioned journalists against seeking relief aid or any kind of financial support or handouts to avoid undermining the principle of independence in the execution of their duties. The caution comes moments after the Uganda Journalists Association (UJA) announced that it had …

Kampala, Uganda |THE INDEPENDENT | Moses Bayola, the General Secretary of Uganda journalists Association (UJA), condemned some journalists who accepted cash from businessman Ham Kiggundu who on Saturday offered sh100m to help efforts to control the COVID-19. The journalists  were covering the launch of the distribution of relief food to be given …