Kagumaho v Ninsima
Kagumaho v Ninsima (Civil Suit No. 531 of 2019) [2022] UGHCCD 140 (20 September 2022)
The High Court held that charging 20% monthly interest without a money lending licence was illegal, found no debt proved beyond the principal loan, and dismissed the counterclaim.
- Money Lending Without License
- Illegal Interest Rates
- Contract Enforceability
- Duress In Contracts
- Money-lending-licence
- Illegal-interest