Sasini terminates sale of Sh7.9bn coffee estate - Business Daily

Author: James AnyanzwaPublished on: June 4, 2026Country: Kenya

Business & Economy

Agricultural firm Sasini has terminated the planned sale of its Gulmarg coffee estate in Kiambu County for Sh7.9 billion after the buyer failed to meet contractual obligations. The asset, with a carrying value of Sh3.7 billion, had been classified as held for sale in September 2025. Sasini reported a net loss of Sh170.8 million for the half year ended March, attributed to higher costs.

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