Kenya’s Supreme Court has intervened to prevent the state from selling a portfolio of properties linked to Cytonn, allowing the company’s investment partnerships additional time to present their case. The ruling, delivered by a five-judge bench on July 3, 2026, stops the Official Receiver from enforcing vesting orders on nine properties, amidst a six-year legal battle involving investors.
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Khusoko·58d ago
Capital FM Business·59d ago

The Supreme Court has temporarily halted the transfer of properties associated with Cytonn, including developments such as Alma, Applewood, and Kilimani, pending an appeal. This decision prevents the Official Receiver from enforcing vesting orders that would have facilitated these property transfers.

Business
The Supreme Court has temporarily halted the transfer of properties associated with Cytonn, including developments such as Alma, Applewood, and Kilimani, pending an appeal. This decision prevents the Official Receiver from enforcing vesting orders that would have facilitated these property transfers.
CCapital FM Business·59d ago