Sh38bn court cases hurting businesses

Trade disputes valued Sh38 billion in courts are denying Kenyans jobs and derailing business opportunities that would have generated taxes for national development. FILE PHOTO | NMG

Trade disputes valued Sh38 billion in courts are denying Kenyans jobs and derailing business opportunities that would have generated taxes for national development.

A report by the Court Annexed Mediation (CAM) Committee reveals that 16.7 percent of civil suits referred to mediation since 2016, valued Sh7.4 billion, were concluded after parties settled disputes amicably allowing projects and contracts to continue to fruition.

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Note: The results are not exact but very close to the actual.