K'Osewe Ranalo Foods Tycoon Saved From Losing Ksh2B Property

Nairobi Tycoon Saved From Losing Ksh2B Hotel
Design of the Blue Water Hotel in Kisumu which is under construction
File
Nairobi businessman William Osewe, the owner of the popular K'Osewe Ranalo Foods Restaurant, has been offered reprieve after the Court of Appeal blocked the forced sale of his Ksh2 billion property which includes the stalled four-star Bluewater Hotel in Kisumu and an apartment in Nairobi’s South C estate. 
The High Court had given a local bank the green light to auction the property over a Ksh 330 million loan but the Court of Appeal has ruled that the family had substantive arguments to stop the process. 

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