Absa Group CEO Kenny Fihla Banks on Kenya as a Regional Financial Hub

Absa Group CEO Kenny Fihla is on a three-day working visit to Kenya to engage with senior government officials, regulators, and leaders from...

BILL YAURA2 Mins read

BUSINESS STOCKS

EAPC Sale of 27% Stake to Kalahari Cement Receives Regulatory Approval

EAPC (East African Portland Cement Company) 27% shareholding previously owned by the National Social Security Fund (NSSF) and sold to Kalahari Cement Limited...

JACKSON OKOTH1 Mins read

BUSINESS

EAPC, Recently Acquired by Kalahari Cement, Set to Undergo Ksh25 Billion Facelift

Local cement manufacturer and concrete products provider East African Portland Cement Plc (EAPC) is set for a major revamp in its production facilities funded by...

KALU MENGO2 Mins read

Amsons Group managing director Edha Nahdi

BUSINESS

Amsons Group Targets Majority Ownership as It Buys NSSF Stake in EAPC

Amsons Group has moved to increase its stake in East African Portland Cement Plc (EAPC) after signing a share purchase agreement (SPA) to...

SABRINA BT2 Mins read

BUSINESS

Tanzania’s Kalahari Cement Effectively Takes Over EAPC After NSSF Stake Deal

Kalahari Cement has announced the sealing of a share purchase agreement (SPA) to acquire a further 27% equity stake in the East African...

BT Reporter2 Mins read

BUSINESS

Amsons Group Tightens Grip on Kenya’s Cement Market with Fresh EAPC Stake

Kenya’s cement market is set for a major shake-up as Tanzanian giant Amsons Group deepens its investment footprint in the country through a...

SABRINA BT2 Mins read

Edha Nahdi Managing Director Amsons Group Kalahari Cement

ECONOMY MARKETS

Kalahari Cement Completes Acquisition of Equity Stake in EAPC

Kalahari Cement, a locally incorporated investment firm, has successfully completed its bid to acquire an equity stake in East African Portland Cement Plc...

BT Reporter2 Mins read