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Commercial And Corporate [2022] UGHCCD 140

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
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