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Savannah Cement placed under receivership over Sh10bn debt

The cement maker owes KCB and Absa Bank at least Sh7 billion and Sh3 billion respectively

Athi riverHarveen gadhokeAlfred mabeyaBenson ndetaSupreme courtAbsa bankKenya commercial bankSavannah cement groupHigh courtAbsa bank kenyaHigh court judge alfred mabeyaSavannah clinkerCement groupSavannah cementOkwany jCourt of appeal

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.

Benson ndetaNarendra ravalSavannah cement groupCement groupSavannah clinkerSavannah cementKitui countyNational cementClinker lineEast africaNew plant

Savannah Cement associate raises US$480m to build new clinker plant

Savannah Cement associate raises US$480m to build new clinker plant

Benson ndetaSinoma international engineeringSavannah cement groupSavannah clinkerSavannah cementBusiness dailyChina based sinoma international engineering

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.

Narendra ravalBenson ndetaSavannah cement groupSavannah cementSimba cement pokotNational cement

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.

Justice wilfrida okwanyBenson sande ndetaSavanna cement ltdSupreme courtAbsa bankHigh courtWilfrida okwanySavanna cementBenson ndeta

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