Post Bank (U) Limited v Kato Eco Farming Limited and Another (Civil Suit No. 251 of 2020)
Observed later treatment
Citator coverage is limited to judgments in the Wakilii corpus and source-matched treatment records. Absence of a signal is not an assertion that the case remains good law.
AI-generated summary. This summary was generated by AI from the full text of the judgment. It may contain errors or omissions—always read the source judgment before relying on it.
Holding
The court held that the 1st Defendant breached its guarantee obligations under a Memorandum of Understanding with the plaintiff bank by failing to ensure repayment of loans advanced to its contract farmers, and the 2nd Defendant breached his personal guarantee. However, the plaintiff proved only UGX 308,021,000 of the claimed sum due to evidentiary deficiencies in reconciling disbursement records with the list of farmers. Judgment entered for special damages of UGX 318,993,500, general damages of UGX 25,000,000, interest at 8% per annum, and costs.
Outcome
Judgment entered for the Plaintiff with special damages of UGX 318,993,500, general damages of UGX 25,000,000, interest at 8% per annum from date of filing suit until full payment, and costs
Facts
On 26 November 2014, the plaintiff bank and the 1st defendant company entered into a Memorandum of Understanding for the plaintiff to provide credit facilities to the 1st defendant's grain agricultural produce contract farmers. The 1st defendant agreed to recommend eligible farmers and guarantee repayment of credit facilities. The plaintiff disbursed loans totalling UGX 615,000,000 to 150 contract farmers at UGX 4,100,000 each, which were transferred to the 1st defendant to provide technical services. The farmers defaulted on repayment. The 1st defendant sought a three-month extension and committed to repay the outstanding amounts, providing unregistered land as security through the 2nd defendant. The 1st defendant subsequently failed to honour its guarantee commitments and the 2nd defendant failed to honour his personal guarantee. The defendants did not file defences.
Issues
- Whether there was breach of contract by the Defendants, and if so, whether the Plaintiff suffered financial loss?
- What remedies are available?
Orders
- Judgment entered for the Plaintiff against the Defendants.
- Special damages awarded in the sum of UGX 318,993,500 (Three Hundred Eighteen Million Nine Hundred Ninety Three Thousand Five Hundred only).
- Interest on special damages at the rate of 8% per annum from the date of filing the suit until payment in full.
- General damages awarded in the sum of UGX 25,000,000 (Twenty Five Million only).
- Costs of the suit awarded to the Plaintiff.
Rules and key headnotes
Legislation cited (7)
Cases cited (9)
- United Building Services Limited v Yofesi Muzira T/A Quickset Builders and Co (H.C. Civil Suit No. 154 of 2005)
- Ewadra Emmanuel v Spencon Services Ltd (H.C. Civil Suit No. 22 of 2015)
- Kyombadde Vs Mpigi District Administration [1983] HCB 44
- Banham-Carter Vs Hyde Park Hotel [1948] 64TLR 177
- Ronald Kasibante v Shell (U) Limited (H.C. Civil Suit No. 542 of 2006)
- Storms Vs Hutchinson [1905] A.C 515
- Crown Beverages Ltd v Sendu Edward (Supreme Court Civil Appeal No. 1 of 2005)
- Uganda Commercial Bank Vs Kigozi [2002] 1 EA 305
- Uganda Development Bank Vs Mugongo Construction Co. Ltd (1981) H.C.B 35
Cases citing this judgment (3)
How later Ugandan judgments in the Wakilii corpus have cited this case. Treatment labels come from Sequitur — Uganda’s citator — each backed by a verbatim span from the citing judgment, and are not an assertion that this case is, or is not, good law.
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.