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Supreme Court of Zambia - 1993 July

2 judgments
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2 judgments
July 1993
Zambia Export and Import Bank Limited v Mkuyu Farms Limited & Others (S.C.Z. Judgment 9 of 1993) [1993] ZMSC 23 (29 July 1993)
A kwacha loan may validly be converted to a forex loan if supported by consideration; enforcement uses the exchange rate at the date of execution.
  • Contract law — conversion of a local-currency loan to foreign currency — consideration and enforceability; exchange control — when fresh approval is required; foreign-currency judgments — enforcement rate of exchange; instalment orders — requirement of sufficient cause and examination on oath
29 July 1993
Mukosa v Ronaldson (Appeal 19 of 1993) [1993] ZMSC 127 (22 July 1993)
An injunction protecting alleged tenancy was discharged where the respondent lacked a tenancy agreement and legal standing.
  • Injunctions — tenancy claims — standing to occupy — misdescription of premises — ex parte interim injunction and return date — foreign citizen’s capacity to acquire land.
22 July 1993