Topic: East African Cables
East African Cables to offload Tanzanian subsidiary stake in restructuring move
Mar 07, 2024 at 03:35 PM
East African Cables has announced that it will be exiting the Tanzanian market through the sale of its 51 per cent stake in East African Cables Tanzania Limited....
State pledges overhaul of taxation system to boost local manufacturing
Jan 26, 2024 at 12:39 PM
The Principal Secretary for the State Department of Industry, Juma Mukhwana, has declared the government's unwavering commitment to restructuring the taxation system, with a focus ...
Court bars Equity from auctioning East Africa Cables property worth Sh3 billion
Oct 21, 2023 at 10:15 AM
The High Court of Kenya has issued a decisive ruling, preventing Equity Bank from proceeding with the sale of three valuable properties owned by East Africa Cables, which are colle...
Troubled East African Cables services Sh232 million first order by Kenya Power
Sep 14, 2023 at 12:14 PM
East African Cables (EAC) has serviced the first batch of an order made by Kenya Power for a consignment of electrical cables and conductors worth Sh232 million....
Equity seeks court's intervention in TransCentury, East African Cables receivership dispute
Aug 10, 2023 at 01:31 PM
Equity Bank Kenya has made a compelling plea to the High Court, urging the removal of an order that currently halts the receivership of TransCentury and East African Cables Ltd....
East African Cables also obtains court injunction blocking Equity Bank takeover
Jun 20, 2023 at 02:05 PM
East African Cables (EAC) has obtained a court injunction in a bid to bar Equity Bank from appointing an administrator to take over its operations over its non-performing loan....
Transcentury obtains court order barring Equity takeover over its Sh3 billion loan
Jun 19, 2023 at 12:59 PM
Embattled TransCentury has obtained a court injunction temporarily barring Equity Bank from appointing a receiver manager to take over the business for failing to repay a loan....
Troubled Transcentury Group and East African Cables placed under receivership over Sh3.01 billion Equity Bank loan
Jun 17, 2023 at 12:21 PM
Equity Bank has placed Transcentury Group and East African Cables under receivership after the two companies defaulted on a Sh3.01 billion-shilling loan facility accorded by the ba...
