What You Need To Know As A Shareholder In A Company

What You Need To Know As A Shareholder In A Company

The role/duties of shareholders/owners are undermined by the owners. In certain cases, major/majority shareholders consciously or subconsciously take over a company, making the key decisions without consulting other shareholders. You are a shareholder and own a part...
Joint Venture Can Create Revenue For SMEs

Joint Venture Can Create Revenue For SMEs

Joint Ventures are a business initiative that promotes, expands, creates opportunities for businesses over a short-term period with minimal structures and processes. Post COVID, many Businesses are currently operating in recovery mode to try and meet customer demands,...
The Evolution of FinTech in Uganda

The Evolution of FinTech in Uganda

Over the past decade, the pace of technological progress has accelerated, resulting in the introduction of new business models that aim to make processes more efficient and address the needs of customers better. These technologies have stimulated the development of...
Summary of The Succession  (Amendment) ACT CAP 162

Summary of The Succession (Amendment) ACT CAP 162

Background To The Enactment Of The Succession (Amendment) Act, 2022   The distinction between legitimate and illegitimate children has been removed. This means that even children borne out of wedlock should have equal rights as the other children.   1. To...

BNM Advocates has joined the International Lawyers Network

BNM Advocates has joined the International Lawyers Network (“ILN”), a non-exclusive network of high-quality mid-sized law firms, which operates to create a global platform in the provision of legal services, particularly for clients with international needs. With a...
Private Money Lending Arrangements Between Individuals

Private Money Lending Arrangements Between Individuals

PRIVATE MONEY LENDING ARRANGEMENTS BETWEEN INDIVIDUALS ARE NOT ILLEGAL. INTRODUCTION On the 5th of January 2022, the High Court in Ndyareeba versus Joseph Arinaitwe pronounced itself to the effect that there is nothing illegal within the Tier 4 Microfinance...