Comcraft Group News Today

MANILA, Philippines — The Global Peace Convention 2023, hosted by the U.S.-based non-profit organization Global Peace Foundation (GPF), wrapped up its six-week program, Dec. 14, with an in-person five-day event in Manila, the Philippines.

UST, an IT solutions company, on Tuesday said it has acquired telecom engineering firm MobileComm for an undisclosed sum.      The acquisition of Dallas-based Mobilecomm and ......

Kaluworks Limited, a manufacturing company, which is part of billionaire Manu Chandaria’s Comcraft Group has lost a Sh730 million tax dispute.

NCBA Group and Co-operative Bank have surrendered Kaluworks they had seized from billionaire Manu Chandaria’s Comcraft Group.

Billionaire Manu Chandaria’s Comcraft Group has regained control of a steel manufacturing plant that had been placed under receivership over unpaid debts to NCBA and Co-op banks | Pulselive Kenya

It is encouraging that commercial banks are embracing alternative ways of recovering debts instead of forcible seizure.

Few people can rival his wealth of business experience. He shares some of the secrets with budding entrepreneurs.

Currently, the family is credited to multiple businesses including the prestigious Villa Rosa Kempinski hotel. 

The tycoons were known for their wealth acquisition but have lost the properties at some point in their lives.

Previously stable corporates are failing to honour loan obligations, with lenders forced to seize assets.