The body of Somali-American businessman Bashir Mohamed Mohamud was found at Kerugoya Level 5 hospital, 132 kilometres from where he was last seen.
Mohamud, whose Range Rover was found burnt at Ngong forest, Kajiado County, had gone missing on Thursday, May 13.
The reports were confirmed by Mohamud's family through their lawyer, Charles Madowo.
"It is with heavy hearts that the family of Bashir Mohamed Mohamud informs you that the body of Bashir was found earlier today at Kerugoya Level 5 hospital.
"As the family processes this tragic news and plan for his burial, they request that they be accorded privacy.
"Even as Bashir rests, the family shall not rest until justice has been served and those responsible for his death brought to book," read part of the statement.
The family indicated that Mohamud was likely to have been tortured before death. The body showed signs of panga cuts and two bullets in the head.
The deceased's lawyer Alibaya Hassan affirmed to the media that Mohamud's wife had given birth, eight days before the businessman's disappearance.
Mohamud, a structural engineer, was a director of Infinity Development company which primarily deals with providing architectural services.
Reports of the missing businessman came to light when his Range Rover was found burnt at Ngong forest. CCTV footage revealed that Mohamud had been last traced to Miale Lounge, Lavington.
The video showed that the deceased was in the company of five other men who are yet to be identified.
The final moments before his disappearance depicted Mohamud tipping the security guards before ultimately leaving the premises.