Equity Bank ordered to pay Shs 200m over loan deal
The Commercial Division of the High Court has ordered Equity Bank to pay Shs 200 million to Gombe Educational Services Limited for breach of a loan facility agreement. On November 8, 2019, Gombe Educational Services Limited requested a combined facility of Shs18.5 billion from Equity Bank (U) Ltd. Equity Bank commenced
Court Ruling: Tight Security Guard Connived in Nile Distilleries Warehouse Theft
Blue Nile Distilleries and APA Insurance have lost a Shs 89.3 million lawsuit against Tight Security Ltd. On January 29, 2020, Blue Nile Distilleries and its insurer, APA Insurance, filed a suit in the Commercial Division of the High Court seeking to recover Shs 89.3 million following the theft of
