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State to bail out cement firm on Sh1.4b claim

The government will buy 900 acres of East Africa Portland Cement Company (EAPCC) land at an undisclosed fee to settle part of the Sh1.4 billion claim that workers were granted by court.

EAPCC is facing a crisis after the Court of Appeal ordered it to deposit Sh350 million in court as a condition to suspend an order allowing the sale of its property.

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