Savannah Cement’s creditors voted in favour of administrator Peter Kahi’s debt reduction plan for the company on 16 April 2024. Kahi’s plan involves leasing out the site of the company’s Kitui plant, while also seeking a buyer for it.
Business Daily has reported that the Office of the Attorney General has declared Kahi’s reappointment as administrator of Savannah Cement on 24 January 2024 as invalid.
