The Petroleum Supply (Amendment) Bill, 2023 (“the Bill”) that seeks to amend the Petroleum Supply Act, 2003 was tabled before Parliament for the first reading on 31 October 2023. The Bill aims to do the following:
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The Petroleum Supply (Amendment) Bill, 2023 (“the Bill”) that seeks to amend the Petroleum Supply Act, 2003 was tabled before Parliament for the first reading on 31 October 2023. The Bill aims to do the following:
Uganda has published new regulations under the Companies Act (“the Act”) that provide for, among other things, striking off a company from the companies register. Striking off refers to the administrative process of removing a company from the register if a company is dor..
Financing company operations often involves borrowing from commercial lenders, private lenders and even the company’s own shareholders. Whether or not formal documentation of the loan is done is determined by the company size, the loan size and tenure, whether the company..
Uganda’s recently passed Competition and Consumer Protection Act still awaits Presidential assent and coming into force. However, a recent positive resolution of an impasse relating to a Presidential directive in the media industry is a good sign for the coming law.
Uganda is a mineral-rich country with vast deposits of gold, uranium, limestone, marble, graphite, iron, copper, and cobalt, among others. Whereas its mining sector once accounted for 30% of the country’s export earnings in the 1950’s and 1960’s, today the sector’s ..
The Supreme Court of Uganda gave its judgment last week in the much-anticipated appeal by Ham Enterprises against Diamond Trust Bank Uganda and Diamond Trust Bank Kenya. The court held that a lending transaction between a foreign bank and a Ugandan borrower does not const..
The High Court of Uganda has in Translink Limited v Standard Chartered Bank (U) Limited, High Court Civil Suit No 415 of 2019 re-examined the scope of a bank’s duty of care to its customer in the context of an online or digital transaction. The Court stated that a b..
Uganda faced its first COVID-19 lockdown on 18th March 2020 and it was only until 24th January 2022 that all aspects of the economy were fully “re-opened”. In the post lockdown era, it has become increasingly common in cases filed in Uganda courts, for parties to rely on ..