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Directors battle over ownership of Savannah Cement


THE STANDARD
NATIONAL
Savannah Cement factory in Athi River, Kajiado County. [Elvis Ogina, Standard]
The Court of Appeal has reversed an order that barred two directors of a cement firm from interfering with its operations.
Justices William Ouko, Daniel Musinga and Gatembu Kairu faulted High Court Judge Farah Amin for ordering that Donald Mwaura and John Gachanga should not sit on the board of Athi River-based Savannah Cement.
Kenyans and Chinese investors own Savannah Cement. In their shareholding agreement, Kenyans own the firm through Savannah Heights while the Chinese investors hold their shares through Wanho International Limited and ACME Wanji Investment Limited. ....

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