Collection Africa’s total outstanding indebtedness as at September 30, 2025 stood at Sh113,215,080.
By
Julians Amboko
Contributor
Nation Media Group
A debt collection company whose clients include banks and digital lenders has been saved from a Sh113.2 million dispute after inking an agreement with its creditors and exiting administration.
The company’s broader insolvency dispute pits major secured lenders owed in excess of Sh16 billion –though the Official…
The High Court rejected claims of excessive interest charges and undervaluation of assets, clearing the way for Equity Bank to…
Absa issued a 90-day statutory notice on May 12, 2025. The notice demanded immediate payment of the entire loan balance of Sh79.9…
This is the latest in an aggressive debt recovery strategy by the receiver manager, who recently also took over two other firms.
In the suit, New Mega Africa accuses Absa Bank of financial sabotage by disclosing its confidential financial information to…
The outcome of the petition could extend beyond the high-profile property dispute by reshaping how courts treat judgment debts,…
