Sharp Daily
No Result
View All Result
Tuesday, June 16, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

High Court halts privatisation of four sugar milling companies

Brenda Murungi by Brenda Murungi
February 15, 2024
in News
Reading Time: 1 min read

The High Court has granted an injunction halting the government’s move to lease five public sugar factories to private firms. Justice Chacha Mwita issued the directive after Martin Nyongesa Baraza filed a petition challenging the decision.

“An interim conservatory order is hereby granted halting the tendering process under the international tender notice No. MOALD/SDA/IT,” read the order. The order will remain in force until April 19 when the matter will be heard.

In the court papers, Nzoia Sugar Company Limited, Chemelil Sugar Company Limited, Muhoroni Sugar Company Limited and South Nyanza Sugar Company Limited were to be placed under a long term lease with its operations to be fully under private investors.

Agriculture CS Mithika Linturi posted an invitation tender on their website on January 16 asking prospective tenderers to bid for the leasing of the public sector-owned sugar companies.

RELATEDPOSTS

High Court continues Injunction preventing prosecution of CoB Margaret Nyakang’o

March 13, 2024

Controversial lease clauses cast uncertainty over Enaki Town property owners

November 2, 2023

In his petition, Martin Nyongesa sued Treasury CS Prof. Njuguna Ndung’u, Principal Secretaries under the ministries of Treasury and Agriculture as well as Attorney General Justin Muturi over the move to lease the sugar companies and stated that the public ought to have been consulted.

He further stated that the time frame for the tendering to occur is unreasonably short and defeats the purpose of tendering, transparency, and fair process.

Previous Post

CS Kindiki announces 16 new sub counties

Next Post

Germany overtakes Japan to become world’s third-largest economy

Brenda Murungi

Brenda Murungi

Related Posts

News

Digital Identity Infrastructure and Trust in Modern Fintech Systems

June 16, 2026
News

Data-Driven Lending and Credit Scoring in Digital Finance

June 16, 2026
Money

Kenya misses out on World Bank emergency funding as Sh97.1 billion loan awaits approval

June 16, 2026
News

Understanding market capitalization and its importance in investment analysis

June 15, 2026
Banking

CBK moves to expand emergency lending powers as Kenya strengthens banking sector stability

June 15, 2026
News

EMBEDDED FINANCE: THE SHIFT FROM FINANCIAL INSTITUTIONS TO DIGITAL ECOSYSTEMS

June 16, 2026

LATEST STORIES

Kenya proposes new shisha rules with fines rising to Sh1 million

June 16, 2026

Digital Identity Infrastructure and Trust in Modern Fintech Systems

June 16, 2026

Data-Driven Lending and Credit Scoring in Digital Finance

June 16, 2026

Kenya misses out on World Bank emergency funding as Sh97.1 billion loan awaits approval

June 16, 2026

Understanding market capitalization and its importance in investment analysis

June 15, 2026

CBK moves to expand emergency lending powers as Kenya strengthens banking sector stability

June 15, 2026

Kenya Airways seeks Sh194 Billion to rescue itself from debt crisis

June 15, 2026

EMBEDDED FINANCE: THE SHIFT FROM FINANCIAL INSTITUTIONS TO DIGITAL ECOSYSTEMS

June 16, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024