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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...