Illegal moneylending, commonly known as the mashonisa business, continues to thrive in South Africa despite being prohibited by law. According to the National Credit Regulator, if you owe an unregistered mashonisa (loan shark) money, you are not legally obliged to pay it back?
THE MORNING BRIEF
Illegal moneylending, commonly known as the mashonisa business, continues to thrive in South Africa despite being prohibited by law. According to the National Credit Regulator, if you owe an unregistered mashonisa (loan shark) money, you are not legally obliged to pay it back?
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