Posted inCompanies

How Kampala Cement slid into receivership: a decade of debt catches up with a $100m manufacturing dream

Kampala Cement Company Limited has been placed under receivership after the Trade and Development Bank (TDB), formerly PTA Bank, enforced its security rights under a USD 49.3 million debenture, with KPMG Advisory Limited partners Edgar Isingoma and Nina Turyamuhabwa appointed joint receivers and managers over the company’s assets, business and undertaking, marking the collapse of […]

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