Business Daily | by Otiato Guguyu
NCBA Group has placed Kaluworks Limited, a manufacturing firm that is part of billionaire Manu Chandaria’s Comcraft Group, under receivership over non-payment of $40 million (Sh4.3 billion) debt.
The bank has appointed a receiver manager to turn around the firm or protect its assets in the race to recover the multi-billion shilling debt…
