State ordered to pay Mauritian backed sugar investor Sh24b

Kwale International Sugar Company Ltd on February 7,  2019.[File, Standard]

The High Court has ordered the government to pay $185.6 million (Sh24 billion) to Kwale International Sugar Company Ltd (KISCOL). The ruling is seen as a strong judicial defence of contractual obligations and investor rights.Get Full Access for Ksh299/WeekUncover the stories others won’t tell. Subscribe now for exclusive accessUnlock the Truth Now 》Unlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log in

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