Hundreds of workers at AMACO insurance company to lose their jobs in February 2020 following the liquidation process. Deputy President William Rutos' insurance company is set to close its doors following tough economic challenges.
A petition seeking the liquidation of an insurance company linked to Deputy President William Ruto is set for hearing by the High Court next month.
A notice published in the December 27 Kenya Gazette asked any creditor or contributory of Africa Merchants Assurance Company (Amaco) to appear for the hearing slated for January 30.
![Amaco insurance company to close it's doors.]( "Amaco insurance company to close it's doors.")
A notice published in the December 27 Kenya Gazette asked any creditor or contributory of Africa Merchants Assurance Company (Amaco) to appear for the hearing slated for January 30.
