Posted inCompanies

UK court orders Bitature to pay Shs 244 Billion to South African lender for loan default

The International Chamber of Commerce Court of Arbitration in London, United Kingdom, has ordered Ugandan businessman Patrick Bitature, his wife Carol Nzaro and four of their companies to pay South African lender, Vantage Mezzanine Fund, $65.7m (about Shs244b), for defaulting on a loan. In the ruling issued by Prof Fidfelis Oditah, the arbitrator, on July […]