Merali family's Sasini terminates $61 million Kenyan coffee estate sale after buyer defaults
Billionaires Africa | 07.06.2026 21:43
Sasini Plc, the NSE-listed agribusiness company majority owned by the family of the late Kenyan billionaire Naushad Merali, has terminated its planned sale of the Gulmarg Division coffee estate in Kiambu County after the buyer failed to fulfil key contractual obligations by the agreed deadlines, the company disclosed in its half-year results released on June 4, 2026.
