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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
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NAIROBI, KENYA: Diamond Trust Bank is banking on Nakumatt’s creditors taking up a debt swap deal offered to them to recoup some of its money from the ailing retailer.
The lender is owed Sh3.6 billion, which is about half of the Sh6.9 billion that Nakumatt owes local banks and more than 10 per cent of the Sh30 billion owed to all creditors, including suppliers.
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