×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Read on the App

Amana Capital investor won’t repay money lost in Nakumatt

A new strategic investor into Amana Capital, which lost Sh255 million in collapsed retailer Nakumatt, will not provide funds to repay the money lost.

Amana said the unnamed investor would instead boost recapitalisation efforts and lead the future growth of funds under management.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in