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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.

Faith mutukuSavannah cementAthi riverSavannah clinkerSamson shivinah

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

Kenyan clinker imports set for additional tax

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 .

Rift valleyWilliam rutoNarendra ravalDevki groupFinance billSimba cementWest pokotSavannah clinkerEast africa

State shields cement firms with clinker tax

Local producers of clinker will be handed a boost with the proposal to introduce a new tax.

Rift valleyNarendra ravalWilliam rutoDevki groupFinance billSimba cementNational cementMombasa cementWest pokotSavannah clinker

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

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