The High Court has delivered a landmark judgment quashing excessive penalties and interest charges amounting to Ksh 540,000 imposed by the Higher Education Loans Board (HELB) on a borrower whose original loan was only Ksh 82,000. The ruling in Mugure & 2 Others v HELB (2021) confirms that the in duplum rule—limiting the interest charged … Continue reading High Court quashes HELB’s Ksh 540,000 penalties, reaffirms borrowers’ rights under in Duplum rule