Isinya Plains News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 the...

Court of Appeal oust Savannah Cement directors Thursday May 20 2021 By SAM KIPLAGAT Summary Court of Appeal has quashed appointment of directors of troubled Savannah Cement by a judge in the wake of an ownership fight in the Athi River-based firm. A bench of three judges said the move by High Court Judge Farah Amin to appoint the board on her own amounted to usurping the powers of the shareholders. Court of Appeal has quashed appointment of directors of troubled Savannah Cement by a judge in the wake of an ownership fight in the Athi River-based firm. A bench of three judges said the move by ...