Concerns over US firm’s Kenya condom plant plan
2 months ago, 2 Jan 10:15
A US financial platform has raised concern over a listed condom maker’s Sh502 million Kenyan investment saying shareholders risked losing cash. OTC Markets Group, an American trade market, which provides price and liquidity information for almost 10,000 over-the-counter (OTC) securities, posted the comments on its website saying Restance shareholders’ funds were at stake as the condom-making business was “over-saturated”. Quoting an analytical report by local website, ancereport.com, OTC Markets ...
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