JUMA JAFFER JUMA VS. MANAGER, PBZ LTD AND 2 OTHERS

Abstract

The appellant Juma Jaffer Juma, was the owner.of a right of occupancy registered under Title No.325 A-3 of 1987.On the 24.5.1994 the appellant executed Mkataba wa Mkopo wa Fedha (Loan Agreement) under which the first respondent, Secretary, Peoples' Bank of Zanzibar (the Bank), granted to the appellant overdraft facilities amounting to Shs. 1.5 million which was to be repaid within six months.