Kenya: The annual general meeting of the East African Portland Cement company has been cancelled following the non-attendance of the company’s auditors. The meeting requires the presence of the office of the Auditor-General or its appointee Deloitte East Africa to proceed, according to the Business Daily newspaper. The management was unaware that the procedure had changed a company director said. The meeting has been rescheduled for 3 February 2017. The cement producer has a poor corporate governance record following the accusation of its chief executive of sexual harassment and reports of theft of stock in late November 2016, among other incidents.
