Kakuzi Plc, the Nairobi-listed agricultural producer partly owned by Kenyan businessman John Kimani, has won temporary relief from Kenyas Supreme Court in a long-running land dispute that sits at the center of its operations and investor outlook.
In a ruling issued by a six-judge bench, the Supreme Court suspended a lower court decision that awarded Makuyu Golf Club about 72 acres of land claimed by Kakuzi. The order will remain in force pending the hearing and determination of the companys second appeal, giving Kakuzi time as the long-running dispute moves to its final stage.
Kenyas land ruling sparks debate
