Kenyan Court Quashes Popotes $8.5 Million Claim Against Safaricom Over Invalid Contract

The High Court in Nairobi has overturned an arbitral award that had exposed Safaricom PLC to more than $8.5 million in potential damages, ruling that the claim was founded on an unsigned partnership agreement and speculative revenue projections. Justice Peter Mulwa of the Milimani Commercial and Tax Division found that the 2018 agreement relied on []The post Kenyan Court Quashes Popotes $8.5 Million Claim Against Safaricom Over Invalid Contract appeared first on TechMoran.
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