Uganda, May 10 -- The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.

The initiative, conducted under the Judiciary's quarterly mediation fortnight, comes amid mounting concern over the growing number of unresolved commercial disputes before the courts.

Speaking during a judicial colloquium in Kampala last week, Michael Atingi-Ego, the Governor of the Bank of Uganda, revealed that huge sums of money are locked up before the Commercial Court in unresolved cases.

He described the stalled funds as "dead capital" with far-reachi...