Nairobi, Aug. 27 -- The High Court has ordered Kenindia Assurance Company Limited to pay Mombasa Cement Sh1.64 billion over a collapsed blending silo and lost profits, ending a 12-year legal dispute.

The court awarded the cement manufacturer Sh664.7 million for damage to the silo and Sh982.4 million for lost profits, with interest at court rates from the filing of the suit in 2014 until payment, and costs.

The dispute started after the silo collapsed on August 1, 2011, at Mombasa Cement's plant. The company held machinery and loss-of-profits insurance policies with Kenindia, valid from December 31, 2010 to December 31, 2011.

Mombasa Cement said the machinery policy covered its 3,000-tonne-per-day clinkerisation plant, including the ble...