Kenyan businessman Julius Mwale, founder of Mwale Medical and Technology City MMTC, has been ordered by the High Court to deposit 132,400 in court as he prepares to appeal a judgment against him over a road construction dispute. The ruling requires the US-based entrepreneur to make the deposit within 30 days, effectively pausing Sifatronix Limiteds effort to recover Ksh17.1 million 132,400 pending the appeal.
Sifatronix had won the case in February, claiming that Mwale and his company Tumaz and Tumaz Ltd., failed to pay for murram supplied for a six-kilometer road at MMTC in 2019. Mwale, dissatisfied with the decision, returned to the High Court to seek a suspension of the judgment until his appeal is heard. I am satisfied that the matter warrants urgent attention. Accordingly, the application is certified as urgent, the court noted.
Tumaz challenges Sifatronix over payment
