Kenyan Wall Street | by Mwakaneno Gakweli
Amana Capital Limited has secured a strategic investor to be part of its recapitalization plan after the collapse of the Nakumatt commercial paper. The investor is working with shareholders to limit the loss of funds in the collapsed commercial paper.
The company is also seeking legal action against parties related to the Nakumatt commercial paper.
A statement from the company reveals that funds recovered from ongoing legal processes will be credited to affected unit trust holders…
