Suzan Nabirye and Another v Zedek Microfinance Limited (Miscellaneous Application No. 460 of 2025) [2025] UGCommC 100 (23 May 2025)
Court
Commercial Court of Uganda
Case number
Miscellaneous Application No. 460 of 2025
Judge
Dr. Ginamia Melody Ngwatu, J
The High Court granted a stay of execution pending review, but only on condition that the applicants pay the uncontested UGX 137,000,000 and deposit security.
Prompt Facilities Limited v Isagara and Another (Civil Suit No. 214 of 2016) [2021] UGCommC 39 (24 August 2021)
Court
Commercial Court of Uganda
Case number
Civil Suit No. 214 of 2016
Judge
Wangutusi, J
The court found that although the Defendants made various payments, only UGX 600,000,000 was paid towards the loan in question. Payments to Asiimwe Richard and for building materials were not related to the subject loan and did not discharge the Defendants' obligation. The principal sum of UGX 369,500,000 remained unpaid, and interest at 2% per month was uncontested, amounting to UGX 118,240,000. The total proven debt was UGX 487,740,000. The 2nd Defendant's guarantee was valid and enforceable. The Plaintiff was entitled to interest at 24% per annum from 6th April 2016 until payment in full,…
Standard Chartered Bank (U) Limited v Akitwine (Civil Suit 389 of 2018) [2021] UGCommC 146 (27 May 2021)
Court
Commercial Court of Uganda
Case number
Civil Suit 389 of 2018
Judge
Stephen Mubiru, J
The High Court held that the defendant defaulted on a bank loan and must pay the outstanding balance, contractual interest from suit filing, and costs.
Kyobe Vs Kibuuka & Anor (Civil Appeal No. 42 of 2016) [2019] UGCA 143 (11 June 2019)
Court
Court of Appeal of Uganda
Case number
Civil Appeal No. 42 of 2016
The Court of Appeal held the transaction was a money lending arrangement, not a land sale, and found the appellant was entitled to recover the principal loan sum.
Greenland Bank Ltd (In Liquidation) v Richard Ssekiziyivu t/a Global General Auctioneers (HCT-00-CC-CS 501 of 2001) [2007] UGCommC 72 (5 September 2007)
Court
Commercial Court of Uganda
Case number
HCT-00-CC-CS 501 of 2001
The High Court dismissed a bank's claim for an alleged overdraft balance and the defendant's counter-claim, finding the bank's records confused and the disputed loan unproved.
Busoga Growers Cooperative Union Ltd v Non-Performing Assets Recovery Trust (HCT-00-CC-CS 240 of 2004) [2007] UGCommC 17 (20 February 2007)
Court
Commercial Court of Uganda
Case number
HCT-00-CC-CS 240 of 2004
The court held that the defendant, Non-Performing Assets Recovery Trust, was only entitled to recover the sum assigned under the deed of assignment, which was Shs.49,383,580.00 as at 31/12/1995. Any claim for amounts in excess of this sum, including interest accrued prior to the assignment date, was not supported by law or the assignment deed. The defendant's demand and receipt of Shs.146,490,444.00 was without legal basis, as the assignment specified the cut-off date and amount. The court found that the plaintiff had paid a total sum far in excess of the assigned amount, resulting in unjust…
Kitande v Nyende (HCCA No. 27 of 2000) [2001] UGHCCD 1 (5 November 2001)
Court
HC: Civil Division (Uganda)
Case number
HCCA No. 27 of 2000
Judge
Rugadya, J
The appellate court found that the appellant was not a money lender within the meaning of the Money Lenders Act, as there was no evidence she conducted a business of money lending or held herself out as such. Therefore, the transaction was not illegal, and the appellant was entitled to recover both the principal and the agreed interest. However, the clause stipulating a penalty interest of shs. 5,000 per day for default was held to be extravagant, harsh, and unconscionable, amounting to a penalty and thus irrecoverable. The court awarded the principal sum, the agreed interest, and minimal dam…
Sembule Investment Bank Ltd v Lukwago Sam (Civil Suit No. 47 of 1997) [2000] UGHC 66 (13 March 2000)
Court
High Court of Uganda
Case number
Civil Suit No. 47 of 1997
Judge
C A Okello, J
The High Court awarded the bank part of its loan claim, finding proof only of shs. 2,840,000 and rejecting most of the claimed interest and additional debt.