Home Business Supreme Court orders Kebs to pay Dubai firm Sh2bn in contract row

Supreme Court orders Kebs to pay Dubai firm Sh2bn in contract row

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Business Daily | by Victor Juma


The Supreme Court has ordered the Kenya Bureau of Standards (Kebs) to pay a Dubai-based firm Sh2 billion for breach of contract.

The agency signed a contract with Geo-Chem Middle East for inspection of imported petroleum products on June 5, 2009, ending the previous practice of letting oil marketers vouch for the quality of their products through self-regulation.

The contract was suspended in March 2010 after petroleum dealers raised pump prices by Sh3 per litre to cover the inspection fee which fell on them…

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