The key reforms contained in the Companies Act focus on incorporation of the company and consequential matters, company finance, management and administration of the company, protection of minority shareholders, registration of foreign companies, voluntary winding-up of the company and the introduction of a code of corporate governance.
Our corporate lawyers support Uganda’s leading enterprises, emerging startup companies and financial institutions in their development and investment activities.
From mergers and acquisitions (M&A) and venture capital to private and public equity and debt offerings, we assist clients through all stages of their transactions to ensure successful deal outcomes.
Our diverse business law practice encompasses the full range of legal services required by corporate entities and investors. Our clients benefit from a valuable combination of global insight and local knowledge that allows us to handle all aspects of complex domestic and cross-border corporate transactions. Understanding the industry and the day-to-day issues faced by our clients is critical to our success.
Experience has included advising:
- MTN, Uganda’s leading telecommunications operator, on the contentious and non-contentious aspects of its license renewal process and in related regulatory engagements with the Uganda Communications Commission.
- Bank of Uganda, the country’s Central Bank, on several high-level regulatory and transactional matters.
- Stanbic Bank, publicly-traded and Uganda’s largest bank, on a corporate reorganisation by which the bank altered its corporate structure by creating a holding company structure, transferring the banking business undertaking to a banking subsidiary and forming specialist subsidiaries.
- dfcu Bank Limited, as transaction advisor and project manager, in its purchase of the assets and assumption of liabilities of Crane Bank Limited following the placement of Crane Bank into statutory management and receivership by Bank of Uganda.
- Centenary Bank, Uganda’s largest indigenous bank, on a corporate reorganisation by which the bank altered its corporate structure by creating a holding company structure, transferring the banking business undertaking to a banking subsidiary and forming specialist subsidiaries.
- Citibank, Vivo Energy, Total, Unilever, British American Tobacco, Mastercard Foundation and Woolworths in special-case Ugandan law compliance programs.
- Nakasero Hospital, Uganda’s largest private healthcare facility, and the disposing majority shareholder for a combined USD10.6 million equity purchase and share subscription by the Investment Funds for Health in Africa II.
- dfcu Limited, a publicly-traded financial services group, on a USD55 million rights issue.
Band 1 – General Business Law (Chambers & Partners 2019)
Tier 1 – Financial and Corporate (IFLR1000 2019)