CBZ Bank Limited v Bonnet Masasa

HH 167-17

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Case Details

Court

Harare High Court

Date

22 March 2017

Citation

HH 167-17

Neutral Citation

[2017] ZWHH 167

Outcome

unknown

Case Type

Trial

Bench

Presiding

CHAREWA J

Full Bench

CHAREWA J

Areas of Law

Banking LawContract Law

Keywords

Working capital loanInput facilityFertiliser collectionAgricultural credit

Key Issues

{"issue_text":"Whether defendant collected any inputs in terms of the facility agreement","issue_type":"fact","dispositive":"yes","related_facts":"Defendant signed confirmation letter; No evidence of payment made"}
{"issue_text":"If inputs were collected, whether there is any outstanding payment due and to what amount","issue_type":"mixed","dispositive":"yes","related_facts":"Value of inputs confirmed at $8,550; Capital amount claimed at $15,655.87"}

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background

Facts of the Case

Background

The plaintiff bank sued the defendant for payment under a working capital loan and input facility scheme entered in October 2009. The defendant received $10,000 cash and vouchers for fertiliser collection but disputed collecting the inputs, claiming he abandoned the facility and returned the vouchers.

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