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Giant coffee union's receivership now lifted

Kenya: Kenya Planters’ Co-operative Union’s (KPCU) receivership has been lifted by the Kenya Commercial Bank. The development comes after the farmers’ union agreed to the new conditions set by the bank before it could waive the bankruptcy notice.

KPCU chairman David Gatei confirmed Monday that the matter has been agreed upon between the two organisations and a formal announcement will be made soon.

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