Skip to content
Back to Guavy Wire
Stocks

Ugandan Court Orders Bukusu Constructors to Pay Coca-Cola $104,000 in Damages

Instruments
KO
Share

The Commercial Court Division of Uganda's High Court has ordered Bukusu Constructors Limited to pay Coca-Cola Beverages Uganda Limited $104,000 in damages for breaching a contract.

Coca-Cola had instituted the suit after alleging that Bukusu Constructors failed to fulfill its obligations under the credit arrangement. The agreement allowed Bukusu Constructors to receive products on credit, sell them, and remit proceeds through regular cash deposits into Coca-Cola bank accounts held at Stanbic Bank or Equity Bank.

As of October 4, 2025, Bukusu Constructors had accumulated a debit balance of sh372.4 million. Despite this, the company failed to fulfill its obligation and is now required to pay damages, including interest at an annual rate of 18 percent.

More on Stocks

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc