ARM Cement may dispose of some subsidiaries and assets to raise funds as administrators working with the embattled Kenyan company seek to cut debt.
The South Korean company will concentrate on key markets including South Africa, Kenya, Nigeria, Ghana and Senegal.
Stanbic Bank Kenya says interest-rate caps imposed by the government are a “painful penalty” that will curb income.
Liberty Kenya is considering as many as 10 acquisition targets as part of its five-year strategy to increase its foothold in East Africa’s biggest economy.
