william misana vs ngaiza francis 2017 tzhc 2131 8 december 2017
The High Court found that the respondent had paid the loan in full, the appellant's claim was uncertain due to multiple rescheduled agreements, and the appellant was not entitled to charge interest as he was not a licensed financial institution. The District Court's decision to set aside the Primary Court's order was upheld.
Source excerpt
- Loan agreements
- Interest rates
- Unlicensed money lending
- Evidence in contract disputes