Article
Ziriibwa Muwangaazi: Surviving Justice As A Judgment Creditor
In Uganda, judgment creditors who win in court often find their victories hollow when statutory interest rates fail to reflect the true time value of money. Using a detailed economic comparison between a startup plaintiff and a large corporate defendant, this analysis reveals how Uganda's 6% prescribed interest rate creates perverse incentives for defendants to delay payment indefinitely, turning litigation into a profit center rather than a deterrent. Drawing on reforms in Kenya and South Africa, the artic
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