Cash-strapped East African Portland Cement Company (EAPCC) risks losing four parcels of land to Kenya Commercial Bank (KCB) over a 40 year old loan that has accumulated to Sh4.5 billion.
The cement manufacturer told Parliament last week that a huge chunk of the Sh10.8 billion it is yet to pay outsiders is owed to the lender and that it currently lacks the capacity to settle it.
