Savannah Cement placed under receivership over Sh10bn debt
The cement maker owes KCB and Absa Bank at least Sh7 billion and Sh3 billion respectively
Source: the-star.co.ke
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Savannah Cement Group sources funds for new clinker plant
Savannah Clinker has received KES65bn (US$500m) to fund construction of a new clinker factory in Kenya. Savannah Clinker, an affiliate of Savannah Cem...
Source: cemnet.com
Savannah Cement associate raises US$480m to build new clinker plant
Savannah Cement associate raises US$480m to build new clinker plant
Source: globalcement.com
Savannah raises Sh65bn for set up of clinker plant
Savannah Clinker has received funding amounting to Sh65 billion ($500 million) for construction of a new clinker factory.
Source: businessdailyafrica.com
KCB, Absa get nod to seize Savanna assets over debt
The High Court has allowed KCB Group and Absa Bank to seize assets of Savanna Cement Ltd over a debt running into hundreds of millions of shillings.
Source: businessdailyafrica.com