Justice Linus Kassan granted a 30-day stay of execution, preventing auctioneers from selling off Kuscco's motor vehicles and office equipment while the cooperative appeals a Dec 2025 tribunal ruling.
The weekly coffee auction fetched Sh2.4 billion from the sale of 39,853 bags compared to 40,918 bags last week.
Banks are required to follow up on defaulters through legal means. However, auctioning a defaulter’s property at throw-away prices is illegal under the Land Act 2012.
Mombasa tea auction opened the year trading with 8,416,373kgs of tea offered by four African countries that attracted 48 buyers.
ODM party leader Oburu Oginga has declared he will be on the presidential ballot if the party decides to go it alone during next year’s general election.
In 2025, the Mombasa Tea Auction recorded the sale of 437.3 million kilograms of tea, a decrease from the 462.1 million kilograms sold in 2024.