Africa_and_text

 In conversation with ENSafrica’s Phillip Karugaba, Rachel Musoke and Rehema Nakirya Ssemyalo:

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 Uganda’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), Rachel Musoke and Rehema Nakirya Ssemyalo, Partners of ENSafrica Advocates (Uganda), on Thursday 22nd October at 14.00EAT. 

Register now to attend and learn more about what the Ham decision means for the banking and finance industry in the country.

Some readings in the meantime:

- Newsflash by ENSafrica: Does a foreign lender to a Ugandan business require a licence?

- Ruling of Hon Adonyo J. in the matter Ham Enterprises -v- DTBU DTBK

ENS-Africa-Lawyers

Phillip Karugaba is head of ENSafrica in Uganda. Recognised by respected rankings agencies IFLR1000 and Chambers and Partners as one of the top corporate lawyers in Uganda for complex corporate and financial transactions across a broad range of sectors. 

Rachel Musoke is a partner of ENSafrica in Uganda. Recognised and highly rated lawyer by respected rankings agencies IFLR1000 and Chambers and Partners as a market leader in all areas of banking law and by extension financial services. 

Rehema Nakirya Ssemyalo is a partner of ENSafrica in Uganda. Recognised by the respected The Legal 500 EMEA as a leading and recommended lawyer in Uganda. She is a M&A, capital markets, and private equity powerhouse. 

Register here to participate