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Cash-starved NCPB faces auction over Sh7.3 billion debt


Currently, the total interest charged stands at Sh3.1 billion. 
“It was worth noting that the total loan exposure is Sh7.3 billion – Sh6.38 billion unserviced KCB facility and Sh1.0 billion being the interest charges paid from NCPB resources which is reimbursable,” he explained.
Failure to pay
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He said due to the failure to pay the loan, KCB recalled the entire loan facility in March last year, overdrawing the NCBP operating accounts held with the bank.
He said this action blocked NCPB from accessing banking services from KCB, which is its main banker. ....

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Capacitaciones fortalecen conocimientos ambientales y previenen la contaminación

Capacitaciones fortalecen conocimientos ambientales y previenen la contaminación
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