Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Kakuzi directors back in court to block CMA’s probe
The entrance to the Kakuzi factory in Makuyu, Muranga County. The firm posted a net profit of Sh387.6 million, marking a turnaround from a Sh131.7 million net loss in 2024.
Eight directors of listed firm Kakuzi have gone back to court to stop an investigation by Capital Markets Authority (CMA) over alleged conflict of interest and financial impropriety.
In an application to be heard next month, the directors led by chief executive officer Christopher Flowers want the inquiry stopped, pending the hearing of an appeal they have filed.
