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Tale of TransCentury CEO exit, Sh8bn debt and Kibaki-era tycoons
From left, former TransCentury CEO Gachao Kiuna and some of the firm's founding members Eddy Njoroge, Jimnah Mbaru and Zephania Mbugua. PHOTOS | FILE |
Last week’s sudden resignation of TransCentury’s long-serving chief executive Gachao Kiuna is being seen as the initial consequence of a debt storm that is looming over the company — threatening to wipe out the shareholders’ investment.
