Why court rejected Sh10 billion offer to save Savannah Cement
Judge says there was nothing tangible about plans to repay debts to Absa and KCB.
Source: nation.africa
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Judge says there was nothing tangible about plans to repay debts to Absa and KCB.
The cement maker owes KCB and Absa Bank at least Sh7 billion and Sh3 billion respectively
Kenyan producers of clinker are being boosted with the proposal to introduce a new tax as the State moves in to protect local industry. The export and ...
Local producers of clinker will be handed a boost with the proposal to introduce a new tax.
Savannah Clinker has received KES65bn (US$500m) to fund construction of a new clinker factory in Kenya. Savannah Clinker, an affiliate of Savannah Cem...