Kenyan tycoon loses Sh374 million bid to restore 17% stake in SportPesa
A London court has ordered Kenyan businessman Paul Ndung’u to pay 374 million shillings ($2.9 million) in legal costs by Jan. 9 after rejecting his bid to reclaim a 17% stake in the holding company behind SportPesa, the prominent betting firm. The ruling intensifies a bitter dispute among the company’s co-founders, who once collaborated to…