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Empty pockets: Big companies the new thorn in banks’ flesh

The decline of big names such as Uchumi, Kenya Airways, East African Cables, East African Portland Cement and Mumias Sugar was the first sign of struggle in corporate Kenya. [File, Standard]

An increase in the number of financially crippled corporates is the new headache for banks, with some lenders in court battles to recover billions of shillings.

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