Court endorses sh614b award against Aya

In a ruling dated September 13, 2023, Gashirabake dismissed the application, saying the Arbitration and Conciliation Act (ACA) limits the intervention of court in matters of arbitration.  

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Court endorses sh614b award against Aya
By NewVision Reporter
Journalists @NewVision
#Court of Appeal #Aya Investment Uganda Ltd #Arbitral award #Industrial Development Corporation (IDC) of South Africa Limited.

The Court of Appeal has dismissed an application in which Aya Investment Uganda Ltd sought to block payment of $165,043,605 (about shillings 614 billion) in arbitral award, to

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