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HomeDaily NewsWednesday, July 22, 2026High Court lifts freeze on KBL arbitration award in Kisumu brewery dispute - July 2026
Business & Economy3 stories from 1 sources

High Court lifts freeze on KBL arbitration award in Kisumu brewery dispute - July 2026

The High Court has lifted a freeze on a Kenya Breweries Limited (KBL) arbitration award concerning a dispute over the construction of its Kisumu brewery, ruling that indefinite suspension undermines alternative dispute resolution. Citibank Kenya has separately filed a High Court petition to halt investigations into a Sh261 million loan granted to Kiru Tea Factory Company Limited, seeking to protect one of its employees from being summoned, arrested, or prosecuted. Meanwhile, the Imperial Bank Limited (In Liquidation) receiver has placed Sparetech Trading Company Limited under receivership as part of efforts to recover assets linked to the collapsed lender, with creditors given 30 days to file their claims.

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Wednesday 8:37 AMCapital BusinessFirst

High Court lifts freeze on KBL arbitration award in Kisumu brewery dispute

High Court lifts freeze on KBL arbitration award in Kisumu brewery dispute

The High Court has lifted a freeze on a Kenya Breweries Limited (KBL) arbitration award concerning a dispute over the construction of its Kisumu brewery, ruling that indefinite suspension undermines alternative dispute resolution.

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Key Highlights

The High Court has lifted a freeze on a Kenya Breweries Limited (KBL) arbitration award concerning a dispute over the construction of its Kisumu brewery, ruling that indefinite suspension undermines alternative dispute resolution.

  • The court dismissed orders issued in December 2024 that had prevented the award's publication.
  • KBL had argued the process was flawed, but the court stated constitutional remedies could be pursued without halting publication.
  • The judge noted a prolonged delay was caused by numerous applications from KBL, Jilk Construction Company Ltd, and interested parties.
Wednesday 9:20 AMCapital Business

Imperial Bank receiver takes over Sparetech Trading, creditors given 30 days to file claims

Imperial Bank receiver takes over Sparetech Trading, creditors given 30 days to file claims

Imperial Bank Limited (In Liquidation) has placed Sparetech Trading Company Limited under receivership as part of its efforts to recover assets linked to the collapsed lender. Creditors are now being given 30 days to file their claims.

Read Story

Key Highlights

Imperial Bank Limited (In Liquidation) has placed Sparetech Trading Company Limited under receivership as part of its efforts to recover assets linked to the collapsed lender. Creditors are now being given 30 days to file their claims.

  • Kamal Anantroy Bhatt of Anant Bhatt LLP was appointed Receiver and Manager on April 17, 2026.
  • The move is a significant step in Imperial Bank's ongoing asset recovery process following its collapse in 2015.
  • All parties dealing with Sparetech Trading's assets require the Receiver's written approval to avoid legal action.
Wednesday 9:49 AMCapital Business

Citibank seeks to stop probe over Sh261mn KTDA-linked loan

Citibank seeks to stop probe over Sh261mn KTDA-linked loan

Citibank Kenya has filed a High Court petition to halt investigations into a Sh261 million loan granted to Kiru Tea Factory Company Limited, seeking to protect one of its employees from being summoned, arrested, or prosecuted.

Read Story

Key Highlights

Citibank Kenya has filed a High Court petition to halt investigations into a Sh261 million loan granted to Kiru Tea Factory Company Limited, seeking to protect one of its employees from being summoned, arrested, or prosecuted.

  • The loan in question amounts to USD 2,020,000.00 (Sh261 million).
  • Key organizations involved include Citibank Kenya and the Kiru Tea Factory Company Limited, with investigations linked to former KTDA National Chairman Chege Kirundi.
  • Citibank argues the investigation violates constitutional rights and is questioning the *manner* of the investigation, not the loan's legality.
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