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The Standard Group Plc is a
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A host of factors, including a sharp decline in business and bad loans, sunk investment firm Sanlam into a Sh1.97 billion loss for the year ended December 2018.
Sanlam lost Sh1.1 billion in long-term investments in bonds that went sour, including debt notes and equity in Kaluworks, Real People and Athi River Mining.
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