BARCLAYS BANK OF ZIMBABWE LTD v ARROW ZIP FASTENERS (PVT) LTD 1999 (2) ZLR 441 (H)
Citation | 1999 (2) ZLR 441 (H) |
Case No | Judgment No. HH-245-99 |
Court | High Court, Harare |
Judge | Smith J |
Heard | 15 December 1999 |
Judgment | 15 December 1999 |
Counsel | A P de Bourbon SC, for the plaintiff |
Case Type | Stated case |
Annotations | No case annotations to date |
Flynote
Banking — interest — on overdraft — whether compound interest may be charged
Interest — rate — banking practice of compounding interest on a monthly basis — lawfulness of — Moneylending and Rates of Interest Act [Chapter 14:14] — s 12 — does not prevent compounding of interest
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