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ARM Cement is moving to wind up its operations in Kenya as administrators finalize liquidation proceedings. The company faces US$91 million in outstanding debt and unresolved tax issues in Kenya, Tanzania, and Rwanda.
“In this regard, the liquidators will be engaging with the Kenya Revenue Authority (KRA) with a view to adjudicating upon and ultimately settling the dividends due in respect of these liabilities.”globalcement.com
Summarized from public sources; check the original articles before acting on it.