Kenya’s bullet factory misses financial target

bullets

Kenya’s bullet factory failed to meet demand in the domestic market due to a wider financial loss of Ksh694.3 million ($6.2 million) for the year ended June 2019, an audit report shows.

Auditor-General Nancy Gathungu said the Kenya Ordnance Factories Corporation (KOFC) losses increased from Ksh470.8 million ($4.2 million) in the year to June 2018.