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Afriwise: In conversation with ENSafrica’s Phillip Karugaba – Does a foreign lender to a Ugandan business require a licence?
October 22, 2020
Afriwise: In conversation with ENSafrica’s Phillip Karugaba
Does a foreign lender to a Ugandan business require a licence?
A recent controversial court ruling in Uganda that has effectively declared illegal certain syndicated loans has shaken up the country’s banking and finance sector, with many foreign lenders demanding clarity on the matter.
Afriwise will be discussing the recent ruling in the Ham Enterprises v Diamond Trust Bank (U) and Diamond Trust Bank (K) Ltd case with Phillip Karugaba, Head of ENSafrica Advocates (Uganda) on Thursday 22nd October at 14.00EAT.