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An American financial institution that ousted a firm associated with ICT Cabinet Secretary Joe Mucheru from Wananchi Group says it will not take up operations of the company. It has instead opted to leave it to an independent board.
Overseas Private Investment Corporation (Opic), owned by the US Government, said it does not presently intend to take the lead in managing the operations of ATMT – the fund that owns Wananchi Group, best known in Kenya for the Zuku brand.
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