How Savannah Cement collapsed with Sh14bn debt owed to KCB, .
WEBApr 18, 2024 · Savannah cement factory in Athi River. KCB Group and Absa Bank Kenya are facing a billion hit in the lossmaking Savannah Cement that was put under administration in November 2022. Savannah's statement of affairs shows KCB is owed billion while Absa has a billion exposure in the cement manufacturing .