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Tag: Bitature

After government bails Bitature out of Shs244bn loan, Absa now demands Shs50bn for loan he took for Eletromaxx, the same company he offered government for relief

by Matooke Republic
December 7, 2023

Embattled businessman Patrick Bitature is entangled in another hefty legal battle, this time with Absa Bank over a Shs50bn ($13.6m) ...

Sudhir is not after my property – Bitature speaks

by Matooke Republic
May 31, 2022

Businessman Patrick Bitature who is embroiled in a $34m dispute with his lenders Vantage Capital has come out to distance ...

Bitature acknowledges Vantage loan, doesn’t mention Sudhir as part of his woes

by Matooke Republic
May 30, 2022

Businessman Patrick Bitature has released a detailed statement about the $34m loan saga that is threatening his Simba Group empire’s ...

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