Court suspends leasing of Mumias sugar company - Capital Business
Connect with us

Hi, what are you looking for?

As of January 2019, the ailing sugar miller had over 1,500 workers/FILE

Agriculture

Court suspends leasing of Mumias sugar company

NAIROBI, Kenya, Jan 14 -The High Court has suspended any further leasing of Mumias Sugar Company properties pending the hearing and determination of a suit filed by aggrieved sugar cane farmers.

While giving directions, Justice Winfridah Okwany said that there has been a lot of interference on the revival of the company after the appointment of Ugandan Firm Sarrai Group as a receiver manager by the Kenya Commercial Bank.

The applicants, Gakwamba farmers through their lawyer Danstan Omari filed an urgent application before the commercial court seeking a conservatory order to stop any further interference by either companies that lost tenders or politicians who would want to use the company to gain political mileage.

Justice Alfred Mabeya had on Dec 19, 2021, allowed the appointment of an administrator/ receiver to revive the company.

The matter is due for hearing on January 25.

Advertisement

More on Capital Business

Top Story

NAIROBI, Kenya, Nov 16 – Bamburi Cement has sold its Ugandan business to Sarrai Group for Sh18.3 billion ($120 million). The sale follows board...

Kenya

NAIROBI, Kenya, July 21 – Sarrai Group has acquired the assets of Tahir Sheikh Said Grain Millers Limited (TSS) for an undisclosed amount. The...

Enterprise

NAIROBI, Kenya April 15-Ugandan-based Sarrai Group Limited has suffered a major setback after the High Court in Nairobi cancelled its lease to operate Mumias...

Agriculture

NAIROBI, Kenya, Apr 14 – The High Court has ordered the immediate removal of Ramana Rao as the Mumias Sugar Company receiver-manager. In his...

Agriculture

NAIROBI, Kenya, Feb 26 – Kakamega high court on February 25 blocked the orders it had issued to the County Government of Kakamega on...

Headlines

NAIROBI, Kenya Feb 14-Mumias Outgrowers Company (1998) Limited now wants the case filed by five farmers challenging leasing of Mumias Sugar Company to be...

Agriculture

NAIROBI, Kenya, Feb 9 – The Competition Authority of Kenya (CAK), a government agency mandated to regulate mergers and acquisitions, has termed the leasing...

Agriculture

NAIROBI, Kenya, Jan 13- -The Mumias sugar takeover by Sarrai Group has taken another twist after a high court in Kakamega reversed orders it...