Heineken fights Kenyan beer tycoon Ngugi Kiuna over interest on $11.4 million award
Billionaires Africa | 01.06.2026 01:23
Dutch beer giant Heineken has taken Kenya's Court of Appeal in a fresh bid to strip Sh230 million, approximately $1.78 million, in interest from a Sh1.47 billion, roughly $11.4 million, damages award owed to Kenyan tycoon Ngugi Kiuna's distribution company Maxam Ltd, arguing the interest component was introduced after judgment and never formed part of the original court proceedings.
