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. Kenyans and Chinese investors own Savannah Cement. Following the meeting, Savannah Heights, Isinya Plains Limited, Mwaura and Gachanga moved to court seeking to block Seruji directors from coming on board. “We agree with the appellants that the appointment of interim directors by the learned judge amounted to usurping the powers of the shareholders of the first respondent (Savannah Cement).

Source: Standard Digital May 19, 2021 21:00 UTC