PAMOJA MINING
The Memorandum of Understanding (MOU) was a letter of intent and not an enforceable contract, as its terms were never executed or incorporated into a revised lease agreement. The original lease agreement dated 13 June 2012, which provided for rent to be offset against a TZS 95,000,000 loan, remained valid and binding. The defendant was not in arrears, as the rent had already been covered by the loan, and the plaintiff failed to prove his claims on the balance of probabilities.
Source excerpt
- Lease agreements
- Memorandum of understanding
- Contract formation
- Rent arrears
- Burden of proof