Keroche loses another bid to block Sh45m ex-CEO payout

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Keroche Breweries Limited in Naivasha.

Photo credit: File | Nation Media Group

Keroche Breweries has suffered a fresh setback in court after it lost an attempt to block a Sh45 million payout to its former Managing Director Sam Shollei, deepening financial pressure on a brewer that says more than 500 jobs could be at risk.

The Court of Appeal dismissed the company's application for more time to revive an earlier bid to halt execution of the award, finding it had failed to explain a delay of more than two years.

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