Home buyers face dilemma as banks recall loans in real estate purchases
KCB Group has engaged Garam Investments to auction the 78 Greatwall apartments to recover Sh1.9bn Erdemann Property borrowed to construct the houses
Source: nation.africa
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List of Kenyan Businesses that Went Under Receivership in 2023
Many businesses operating in Kenya suffered economic down-turn in the year ending December 2023, attributing the turbulence to high taxation and costs of operation.
Source: tuko.co.ke
Blow to Tuju as Supreme Court okays auction of Dari property
The order relates to Sh2.2 billion owed to East African Development Bank.
Source: the-star.co.ke
East African Cables slides deeper into loss
Tanzania subsidiary continued to experience working capital constraints.
Source: the-star.co.ke
EA businesses pay the price for ignoring fraud controls
Fraud accounts for about 25 percent of economic crimes previously reported in Eastern Africa.
Source: theeastafrican.co.ke