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Multi-billion LBDA mall to finally open after years of wait

The Lake Basin Mall in Kisumu. The mall was facing auction over a Sh4 billion bank loan, but Treasury bailed it out. [Collins Oduor, Standard]

The Sh4.2 billion Lake Basin Mall that was facing the hammer because of a loan is finally out of the woods and is expected to open soon.

The National Treasury shouldered the Sh4 billion bank loan.

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