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Court blocks property auctions in Cytonn liquidation dispute
NAIROBI, Kenya, May 28-The High Court has halted the sale of Cytonn-linked properties and suspended the auction of The Alma and other disputed assets for 60 days, in fresh directions issued in an ...
NAIROBI: The Government’s appetite for domestic loans is a huge threat to the success of the law capping interest rates. According to investment firm Cytonn Investments, the State will still borrow ...
Business Daily Africa on MSN
Judge rejects bid to oust Cytonn liquidator in Sh11bn dispute
The High Court has rejected attempts to remove the Official Receiver of Cytonn High Yield Solutions (CHYS) LLP as the firm’s liquidator over allegations of favouring secured lenders, mismanaging ...
One of Kenya’s high-end real estate companies and foreign creditors are poised for an epic battle where billions of shillings are at stake. Taaleri Afrikka Rahasto II KY, a Mauritius-based company is ...
A real estate investment scheme, Cytonn High Yield Solution LLP, has failed in its bid to suspend a court order that allowed arbitration between it and an aggrieved investor. The scheme, which is ...
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Kenya to have a glimpse picture of coronavirus impact on the economy next Monday. NASI index at NSE has dropped 14.9 points since March 1 from 148.6 to the current 133.7 points, signaling a massive 10 ...
Cytonn Investments is to spend Sh6 billion on real estate projects in the central Kenya region, having opened an office in Nyeri town as part of its expansion plan. This is part of the company’s ...
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