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@kahawatungu Thu, 02 Jul 2026 05:54:40

TransCentury Receivers to Raise Sh2.2 Billion from Sale of Subsidiaries to Repay Equity Bank Debt

The joint receivers of TransCentury Plc are set to raise Sh2.2 billion through the sale of stakes in two subsidiaries as part of efforts to recover nearly half of the Sh4.8 billion the investment firm owes Equity Bank Kenya. TransCentury was placed under receivership by Equity Bank in 2025 after defaulting on the loan in [...] The post TransCentury Receivers to Raise Sh2.2 Billion from Sale of Subsidiaries to Repay Equity Bank Debt appeared first on Kahawatungu.

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