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Uganda Ordered to Pay Shs522 Bn After Losing London Arbitration Over Rail Concession

Uganda Ordered to Pay Shs522 Bn After Losing London Arbitration Over Rail Concession

Uganda has been ordered to pay about Shs522 billion ($138.93 million) to Rift Valley Railways Uganda Limited (RVRU) after an international arbitration tribunal in London found that the government “wrongfully terminated” a railway concession agreement.The dispute arises from a regional

Ultimate Uganda