Court Orders Coffee Firm’s Guarantors to Repay KCB Uganda More than US$1.1 Million
KCB Bank Uganda has won a major case against the shareholders of Great Lakes Coffee Company..
✨ Key Highlights
The High Court in Kampala has ordered the guarantors of Great Lakes Coffee Company to repay KCB Bank Uganda over US$1.1 million, plus interest and costs, following the company's receivership. The ruling by Justice Susan Odongo affirmed the binding nature of personal guarantees signed by the shareholders.
- US$1.1 million: Amount the guarantors were ordered to repay KCB Bank Uganda.
- KCB Bank Uganda: The financial institution that won the case against Great Lakes Coffee Company's guarantors.
- October 2024: The Ugandan government approved a 5.5 billion Ugandan Shillings bailout for Great Lakes Coffee Company, drawing public criticism.
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Financial Payouts Follow Court Rulings and Government Action in Kenya - September 2025
Standard Chartered Bank Kenya is inviting 629 former employees to file pension claims following a Supreme Court ruling. The decision upheld a Sh7 billion pension dispute settlement, bringing a four-year legal battle over underpaid benefits to a close. In a separate case involving a Kenyan-owned bank subsidiary, the High Court in Kampala ordered guarantors of Great Lakes Coffee Company to repay KCB Bank Uganda over US$1.1 million plus interest and costs. Additionally, President Ruto has handed over Sh2.6bn to tea farmers who were impacted by previous bank collapses.
