Zalari has raised $2 million USD in a founding round led by Nyamaropa Technologies
Harare High Court
NMB Bank Limited v Wordhouse Multimedia Services (Private) Limited
HH 218-11
Case Details
Court
Harare High Court
Date
19 October 2011
Citation
HH 218-11
Neutral Citation
[2011] ZWHH 218
Outcome
unknown
Case Type
Application
Bench
Presiding
MTSHIYA J
Full Bench
MTSHIYA J
Areas of Law
Banking LawCivil Procedure
Keywords
summary judgmentcredit facilitymortgageinterest rate dispute
Tags
summary judgmentcredit facilitymortgage bondbanking dispute
legislation
Statutes Cited
- N
- o
- s
- t
- a
- t
- u
- t
- e
- s
- w
- e
- r
- e
- c
- i
- t
- e
- d
- i
- n
- t
- h
- i
- s
- j
- u
- d
- g
- m
- e
- n
- t
- .
- T
- h
- e
- c
- a
- s
- e
- w
- a
- s
- d
- e
- c
- i
- d
- e
- d
- e
- n
- t
- i
- r
- e
- l
- y
- o
- n
- c
- o
- m
- m
- o
- n
- l
- a
- w
- p
- r
- i
- n
- c
- i
- p
- l
- e
- s
- o
- f
- c
- i
- v
- i
- l
- p
- r
- o
- c
- e
- d
- u
- r
- e
- .
- #
- #
- #
- O
- T
- H
- E
- R
- A
- U
- T
- H
- O
- R
- I
- T
- I
- E
- S
ai analysis
Case Summary
Key Issues
- {"issue_text":"Whether the respondents have a bona fide defence to the claim","issue_type":"procedural","dispositive":"yes","related_facts":"Dispute over amount owed and interest rate"}
- {"issue_text":"Whether summary judgment should be granted given the disputes","issue_type":"procedural","dispositive":"yes","related_facts":"Respondents' admission of partial liability"}
This summary was generated by AI. Use Zalari to read the full judgment.
background
Facts of the Case
Background
The applicant bank extended a US$90,000 credit facility to the respondent company in December 2009, secured by mortgage bond and personal sureties. When the bank claimed US$101,677.93 was outstanding and sought summary judgment, the respondents disputed both the amount owed and the 60% interest rate claimed, arguing they owed only about US$78,000 and that interest should be 35-36%.
Read the full judgment, get AI analysis, and find related cases
Open in Zalari →
Legal Intelligence
for Africa.
for Africa.
Zalari is Zimbabwe and Southern Africa's leading AI-powered legal research platform, built by DeepCounsel and powered by Nyamaropa Technologies. Search Zimbabwe Supreme Court and High Court case law instantly, get AI-generated answers with full source citations, and access the most comprehensive corpus of Zimbabwean and Southern African jurisprudence available online. Zalari is the go-to legal AI platform for attorneys, advocates, law students, judges, and corporate counsel across Zimbabwe and South Africa — delivering faster research, smarter insights, and a competitive edge in legal practice. Zalari does not provide legal advice. Always consult a qualified legal practitioner for advice specific to your situation. © 2026 DeepCounsel — a legal technology company democratising access to legal knowledge in Africa.