November 22, 2024
Operating Assets

East African Cables to sell assets to support operations

East African Cables is targeting to unlock Sh350 million from the sale of its non-operating assets as it seeks to generate fresh cash to support its operations. At the same time, the Nairobi Securities Exchange (NSE) listed company expects the sale of its Tanzania subsidiary to Msufini; a manufacturer of chlorine and sodium hydroxide to

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