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Originally published by Capital Business
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business
August 17, 2025
2d ago

East African Cables creditors set to meet as administration process deepens

East African Cables creditors set to meet as administration process deepens

NAIROBI, Kenya, Aug 17 - The Joint Administrators of East African Cables PLC (in Administration) have convened the first meeting of creditors for Tuesday, Kenya breaking news | Kenya news today |..

✨ Key Highlights

The first creditors' meeting for East African Cables PLC (in Administration) is set for Tuesday, August 19, 2025, marking a crucial step in the struggling manufacturer's insolvency process. This meeting will determine the future of the company, once a regional leader in electrical cable manufacturing.

  • Creditors must confirm attendance by Friday, August 15, 2025.
  • The meeting will be held in a hybrid format at the firm’s Nairobi offices and virtually.
  • The Joint Administrators will present their Statement of Proposals, outlining the company's path forward.

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