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Stockbroker Genghis seeks new cash injection as problems bite

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Genghis Capital (GengCap), which shares owners with the collapsed Chase Bank, is looking for strategic investors to inject new capital. According to Kenya’s Business Daily newspaper, Genghis is currently facing liquidity problems. Apparently, the stockbroker had put as much as 80 per cent of its funds at Chase Bank. Currently, withdrawals at Chase Bank are

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