UDC LTD v HOFRHO (PVT) LTD & ANOR 2000 (2) ZLR 255 (H)
Citation | 2000 (2) ZLR 255 (H) |
Case No | Judgment No. HH-192-00 |
Court | High Court, Harare |
Judge | Chinhengo J |
Heard | 21 September 2000 |
Judgment | 4 October 2000 |
Counsel | E W W Morris, for the plaintiff |
Case Type | Civil trial |
Annotations | Link to case annotations |
Flynote
Hire-purchase — finance charges — rates of interest — limits on — extent to which purchase price may exceed cash price — hire-purchase agreements entered into with financial institutions between April 1990 and January 1995 — provision in Hire-Purchase Act condoning charging of interest higher than that specified by the Minister — interest on overdue payment — no provision in Act setting maximum rate of interest on arrear instalments where purchase price is over $3 000.
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