Kenya's ARM Cement's administrator proposes to keep company running

The administrator of Kenya's debt-laden ARM Cement will ask its creditors for support keeping the company afloat by selling some of its assets to cut debt, as well as a plan to engage with financiers for working capital. George Weru, a co-administrator for the cement firm, told Reuters the proposals will be put to the company's creditors on Tuesday when they meet them to chart the best way forward.