Business 22 September 2026 Daily Monitor (Uganda)
Aya Hotel Property to be Seized Over Shs259 Million Insurance Debt
Gym equipment from the defunct Aya Hotel in Kampala is set to be attached and potentially sold to recover Shs259 million in unpaid insurance premiums owed to Sanlam General Insurance. Source: https://www.monitor.co.ug/uganda/news/national/defunct-aya-hotel-faces-property-attachment-over-shs259m-sanlam-debt-5604860
The once-prominent Aya Hotel, now defunct, is facing the prospect of its gym equipment being seized and sold. This action is a result of outstanding debts totaling approximately Shs259 million owed to Sanlam General Insurance.
Court documents indicate that the Kampala Central Police Station has been authorized by the High Court of Uganda to execute a warrant of attachment and sale of movable property. A court bailiff has been instructed to seize assets belonging to Aya Investments Ltd, the parent company of the hotel.
The debt stems from insurance policies taken out by Aya Hotel with Sanlam between 2018 and 2019. These policies included crucial cover such as workers’ compensation and fidelity guarantee.
Sanlam reportedly sued the hotel after its alleged failure to remit the insurance premiums, despite numerous demands and reminders. The court’s decree now allows for the attachment of movable property to recover the owed funds.
This situation highlights the financial difficulties that have befallen the once-celebrated Aya Hotel, leading to the potential liquidation of its assets to settle outstanding financial obligations. The police notice explicitly mentions the court decree and warrant empowering the bailiff to proceed with the attachment.