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Report: Poor governance costs investors in Kenya Sh264b

the nairobi Securities exchange trading board.

Poor corporate governance in eight companies has cost investors Sh264.3 billion, a new report has said.

According to the Corporate Governance Index launched yesterday by Cytonn Investments, fraud at Imperial Bank and Chase Bank, and a drop in the share price of Kenya Airways, Mumias Sugar, TransCentury, Uchumi, National Bank and CMC can be attributed to the corporate governance issues they have faced.

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