Teachers win landmark case against lender over punitive interest rate
Two teachers have won a major victory against Mwananchi Credit Limited after the High Court ruled that the lender unlawfully inflated their loan and attempted to auction their property over interest that the Court later described as excessive, oppressive and legally unenforceable. The dispute began in November 2016 when George M. Khaniri, with the consent … Continue reading Teachers win landmark case against lender over punitive interest rate
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