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Murang’a factory kicks out Sasini Tea boss from board
From left: Sasini Tea MD Stephen Githiga, his Barclays Bank Kenya counterpart Jeremy Awori and Barclays Bank Africa managing executive, Wealth Investment and Insurance Lanz Zulu during a past event. FILE PHOTO | NMG
Shareholders of Kiru Tea Factory Company have kicked out the managing director of listed firm Sasini Tea #ticker:SASN from their board for conflict of interest amid opposition from the Kenya Tea Development Authority (KTDA).
Stephen Githiga, the Group MD of Sasini, was ousted following an extra ordinary meeting on Monday that was declared unprocedural by the KTDA.