EAPCC defaults on Sh3.6 billion staff and tax dues

Portland Cement staff at work. 

Photo credit: File | Nation Media Group

East African Portland Cement Company (EAPCC) has defaulted on taxes and salaries amounting to Sh3.6 billion, underlining the financial woes of the State-owned firm.

The amounts were due as of June, according to the Auditor-General’s review of EAPCC’s financial statements.

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Note: The results are not exact but very close to the actual.