ARM Cement to shut down after tax, debt settlements

Joint administrators Muniu Thoithi and George Weru said the wind-up will be conducted in an orderly manner, factoring in settlement of outstanding matters, payments to creditors and closure of subsidiaries. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Collapsed cement manufacturer ARM Cement Limited is set to wind up its operations due to mounting debt and unresolved tax liabilities, as confirmed by its joint administrators.

Total outstanding debt stands at Sh11.8 billion.
Key entities involved include ARM Cement and tax authorities such as the Kenya Revenue Authority, Tanzania Revenue Authority, and Rwanda Revenue Authority.
The resolution of tax disputes, particularly with the KRA, is expected by June 2026.

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