Joachim Akankwasa v Robert Katuramu (Civil Suit No. 141 of 2024)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Where a defendant breaches a Memorandum of Understanding by failing to pay monthly returns on investment and accumulates a debt, the plaintiff is entitled to general damages for financial hardship suffered including depletion of savings and failure to meet construction timelines. The court assessed general damages at UGX 5,000,000 in addition to ordering payment of the principal sum of UGX 74,000,000, with interest at 6% per annum from judgment and costs.
Outcome
Judgment entered for the Plaintiff with damages, interest, and costs
Facts
On 11 June 2018, the Plaintiff and Defendant entered into a business arrangement whereby the Plaintiff invested money in the Defendant's car dealing business in exchange for monthly returns. On 1 May 2023, the parties executed a Memorandum of Understanding formalizing the arrangement, under which the Plaintiff had invested UGX 50,000,000 and was entitled to monthly returns of UGX 4,000,000. The Defendant paid returns for May and June 2023, made late payments for July and August after formal demand, but failed to pay for September and October 2023. On 23 November 2023, the Plaintiff terminated the contract and issued demands which the Defendant ignored. Summons were served on the Defendant on 27 February 2024. The Defendant failed to file a defence and default judgment was entered on 12 April 2024. The Plaintiff testified that due to the Defendant's breach, he depleted his UAP unit trust savings and failed to complete construction of his matrimonial home.
Issues
- Whether the Plaintiff is entitled to an award of damages for breach of contract by the Defendant?
- Whether the Plaintiff is entitled to interest on the general damages and costs of the suit?
Orders
- Defendant shall pay Plaintiff UGX 74,000,000 as money invested and return on investment.
- Defendant shall pay Plaintiff general damages of UGX 5,000,000.
- Defendant shall pay interest on general damages at 6% per annum from date of judgment till payment in full.
- Defendant shall meet the costs of the suit.
Rules and key headnotes
Legislation cited (5)
Cases cited (11)
- Cargo World Logistics Limited v Royale Group Africa Ltd (High Court Civil Suit No. 157 of 2013)
- Gameca & Another v Steel Rolling Ltd (High Court Civil Suit No. 2228 of 2006)
- Bank of Uganda v Fred Masaba and 5 Others (Supreme Court Civil Appeal No. 3 of 1998)
- Kirungi and Another Vs Kabiya and Others [1987] KLR 347
- Kabandize John Baptist and 21 Others v Kampala Capital City Authority (Court of Appeal Civil Appeal No. 36 of 2016)
- Takiya Kashwahiri and Another v Kajungu Denis (Court of Appeal Civil Appeal No. 85 of 2011)
- Uganda Commercial Bank Vs Deo Kigozi [2002] 1 EA 305
- Mabale Growers Tea Factory Limited v Mian Ahmad Raza and Another (High Court Civil Suit No. 41 of 2022)
- Post Bank v Hashakimana Charles (Originating Summons No. 42 of 2022)
- Milly Masembe v Sugar Corporation (U) Ltd and Another (Supreme Court Civil Appeal No. 1 of 2000)
- Uganda Development Bank Vs Muganga Construction Co. Ltd [1981] HCB 35
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.