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Justice Mutesi gives Emin Pasha hotel until Oct.10 to raise UGX 9.7 Billion deposit on UGX 34 Billion Equity Bank debt

Emin Pasha Hotel in the prime suburb of Nakasero, Kampala

The High Court’s Commercial Division has given Emin Pasha hotel and its affiliates breathing room in their mortgage fight with Equity Bank, extending the hold on the sale of the…

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Tagged: Auction CityBlue Collection Commercial Court Uganda Debt restructuring Emin Pasha Hotel Equity Bank Uganda Foreclosure Government arrears Hospitality Injunction Jald (U) Limited Justice Patricia Mutesi Kisugu Lokule Kennedy Erestus Losuk Ministry of education Uganda Misc. Appeal No. 49 of 2025 Mortgage Act Nakasero Pay-now argue-later Prism Construction Real Estate Regulation 13 Security deposit Uganda High Court

About the Author

Paul Murungi

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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