MMAKS is a full-service corporate firm and is a member of the Africa Legal Network. The firm has a presence in 15 African countries and a regional office in Dubai. The firm is strong in banking and finance and serves clients in financial services.
Highlights
MMAKS advocates acted as lead counsel for the Office of the Auditor General on a special audit of the Lease and Assignment Agreement between Umeme Limited and Uganda Electricity Distribution Company Limited, which was coming to an end. The team determined the buy-out amount due to Umeme Limited at the expiry of the Concession, established financial liability owed by either party, verified the completeness of the electricity distribution network assets, and established any outstanding legal non-compliance and associated liability by Umeme Limited to the Government of Uganda. The project was completed in March 2025 and was led by Fiona Davies Nalwanga and Godwin Kakande.
The firm is also advising Olea Insurance Solutions Africa, seeks to purchase all the issued shares in Marsh Insurance Brokers Limited, resulting in the amalgamation of Olea Uganda Limited and Marsh Uganda. Acting as lead counsel for the client, the firm is involved in reviewing and advising on the share purchase agreement and the regulatory approvals involved, as well as obtaining approvals from the ministries of government. The transaction is currently ongoing and led by partner Fiona Davies Nalwanga.
Key Clients
Standard Bank; Standard Chartered Bank; Inspired Group; BlackRock Inc.; Olea Insurance Solutions Africa
Testimonials 2024/2025
“They were responsive and solution oriented.” (Banking & Finance)
“Fred Sseyonga was helpful in providing very helpful solutions to the practical challenges. He was available and reliable.” (Banking & Finance)