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News Peter Kahi appointed as administrator of Savannah Cement

Peter Kahi appointed as administrator of Savannah Cement

Written by Global Cement staff 15 November 2023
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Kenya: Peter Kahi of PKF Consulting has been appointed as the administrator of Savannah Cement. This follows the resignation of Harveen Gadhoke, according to the Business Daily newspaper. Gadhoke was appointed as the administrator of the company in November 2022 when Absa and KCB attempted to put it into administration due to combined debts of US$66m. Savannah Cement fought back legally against the attempt to manage it externally but a court rejected this in July 2023.

Published in People
Tagged under
  • Kenya
  • Savannah Cements
  • administration
  • GCW634
  • Legal
  • Absa Bank
  • KCB
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