Pradeep Paunrana
ARM administrators rejected higher bid for troubled company
Financially troubled cement manufacturer ARM administrators PricewaterhouseCoopers (PwC) are set to come under scrutiny over reports that they rejected a Ksh6.5 billion bid...
Samuel Gitonga2 Mins read
ARM suspension from NSE extended by 75 days
The Nairobi Securities Exchange (NSE) has extended the suspension of trading Athi River Mining (ARM) shares as the cement company which is now...
Samuel Gitonga1 Mins read
Retaining management key in recovery for firms under administration
[dropcap]T[/dropcap]his year two high profile companies have been placed under Administration Nakumatt Holdings and ARM Cement formerly Athi River mining. First was Nakumatt...
BT Reporter3 Mins read
ARM Cement counts on shareholder loans for revival
ARM Cement will rely on short-term loans from shareholders to lift production back to capacity and seek a deep-pocketed strategic investor, its chief...
REUTERS2 Mins read
Anti-Counterfeits agency calls for closer ties to fight vice
The Anti-Counterfeit Agency held a manufacturers forum at its headquarters in Nairobi where manufacturers and innovators came together in an incisive engagement to...
BUSINESS TODAY1 Mins read
