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President Uhuru Kenyatta pictured with Devki Group Founder and CEO Narendra Raval. The state has reportedly been considering raising import duties on clinker. [Photo/ NMG]
BUSINESSECONOMY

Cement Billionaires Gang Up Against Narendra Raval Over Plan to Take Over

Devki Group owns Simba Cement,  National Cement, ARM Cement and Cemtech. It has spent over Ksh6 Billion in an expansion plan over the...

FEATURED STORY

Devki Group Opens Sh5.8bn Cement Factory in Salgaa

Salgaa cement factory has an installed processing capacity of 750,000 metric tonnes annually

SMART MONEY

Businessman Narendra Raval to donate Sh20b to charity

Kenyan multi-millionaire businessman Narendra Raval, popularly referred to as ‘Guru’, has pledged to donate at least half of his fortune to charity. In a...