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Originally published by The Standard BusinessOctober 29, 2025
1mo ago
New investor to pump Sh2.6b into Rivatex, hire more workers
The firm will manage and operate the company for 21 years under a lease agreement. The new private operator has pledged to restore struggling textile firm to full capacity...
✨ Key Highlights
A new investor is poised to inject Sh2.6 billion into Rivatex, a textile manufacturer, leading to the creation of more job opportunities.
- Investment amount: Sh2.6 billion
- Recipient: Rivatex (a textile manufacturer)
- Expected outcome: More job creation
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