‘Mashonisa’ is a term used in South Africa to describe illegal money lenders. Mashonisas are people who lend money despite not being regulated by any authority or complying with money-lending laws. A mashonisa is what might be referred to as a ‘loan shark’ in other territories. Mashonisas and Illegal Money Lending However, it’s particularly common for South Africans to source … [Read more...] about Mashonisas and Illegal Money Lending – What you need to know