Narendra Raval
The Cement Billionaire Building His Own Power Plants
His recent forays into the green energy sector, however, paint a picture of a man on a mission. In the past year, Raval...
BUSINESS TODAY
Fear Factor: AfDB Withdraws Multibillion Funding After Moi Bought Stake From Raval
The African Development Bank (AfDB) has withdrawn funding for a 35-megawatt geothermal power plant in Menengai, Nakuru county being developed by Baringo Senator...
BT Reporter
![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]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/10/Uhuru-Kenyatta-1.jpg?fit=680%2C382&ssl=1)
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...
MARTIN SIELE
Devki Group Opens Sh5.8bn Cement Factory in Salgaa
Salgaa cement factory has an installed processing capacity of 750,000 metric tonnes annually
BT Reporter
Why Indians Are The Most Successful Business Community in Kenya
Former Uganda President Idi Amin kicked out Asians in the 70's. The country still rues the decision.
Samuel Gitonga
ARM’s New Owner to Retain Employees After 14 Months of Job Loss Anxiety
The announcement by Devki Group, which owns National Cement, is a major relief to the 1,100 employees of Athi River Mining Company.
BT Correspondent
Narendra Raval wins EA Entrepreneur of The Year Award
Industrialist Narendra Raval was declared the winner Eastern Africa at the just concluded EY Entrepreneur of The Year 2019 Awards in Monaco, France....
BT Reporter
Billionaire Narendra Raval buys ARM Cement’s Kenya assets for Sh5b
Business tycoon Narendra Raval’s National Cement Company has bought ARM Cement’s assets for US$50 million (Ksh 5 billion), its administrator was quoted by...
BT Reporter
Construction of Sh500bn steel plant project in Kwale kicks off
The Devki plant will produce steel sufficient for Kenya and the whole of the East African region and will be the second largest...
KNA
