Topic: Sarrai Group
Amsons Group faces Sh682m break-up fee should its Bamburi Cement bid flop
Jul 18, 2024 at 09:46 PM
Tanzanian conglomerate Amsons Group has outlined a Sh682.7 million ($5.31 million) break-up fee should its proposed acquisition of Nairobi Securities Exchange-listed cement manufac...
Bamburi Cement approves Sh12.7 billion stake sale in Uganda’s Hima Cement
Nov 16, 2023 at 01:07 PM
In a transformative move, Bamburi Cement PLC has given the green light to a significant transaction valued at Sh12.7 billion (USD 120 million), setting the stage for the sale of it...
Court removes Rao as Mumias Sugar Company receiver manager, cancels Sarrai Group's lease
Apr 14, 2022 at 03:20 PM
Justice Alfred Mabeya of the High Court has ordered the prompt removal of Ponangipalli Venkata Ramana Rao as the receiver manager of Mumias Sugar Company....
Court to rule on petition challenging Mumias Sugar Company leasing tender
Mar 11, 2022 at 09:50 AM
The High Court is set to rule on the case in the leasing of Mumias Sugar Company to Sarrai Group....
City Court wants Mumias Sugar leasing case to be determined expeditiously
Feb 08, 2022 at 04:33 PM
The Milimani Commercial Court has said the case in which five farmers are challenging the leasing of Mumias Sugar Company should be determined expeditiously. ...
Blow to Sarrai Group as court extends orders barring Mumias Sugar Company lease
Jan 26, 2022 at 04:59 PM
The High Court has extended orders barring Sarrai Group from taking over operations of Mumias Sugar Company pending the determination of a petition filed by five farmers....
Trouble still rocks Mumias Sugar Company after lease tender award to Uganda’s Sarrai Group
Dec 27, 2021 at 04:12 PM
Trouble is looming for Ugandan conglomerate, Sarrai Group shotly after it secured the lease for assets of Mumias Sugar Company....