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Investor jitters as Equity Bank seizes assets of TransCentury and EA Cables
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NTV Kenya (Youtube)June 20, 2025
5mo ago
The share prices of TransCentury Plc and East African Cables fell today after the seizure of the two companies’ assets by Equity Bank over unpaid debt that runs up to 4.7 billion shillings, a development which has spooked investors.
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Kenya's Political Developments and Governance Issues
Key political figures discuss governance issues, with Wamatangi pushing for Thika's city status and Raila expressing regret over the Adani deal collapse. Constable Mukhwana is detained amid the blogger's murder investigation, while investor jitters rise due to Equity Bank's asset seizure.
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