Kenyan businesses to shut down in droves without a miracle intervention

An estimated 46 firms currently face liquidation as a result of their inability to continue to handle their cost of operations.

The corporate sector in Kenya could take a huge hit owing to a wide spread insolvency.

The State Receiver Office also noted that companies grappling with court-sanctioned liquidations increased to 34 from 13 while those under voluntary liquidation grew to 12 from 5.

Pulse: Read More