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Bamburi Cement was founded in 1951 by Felix Mandl [4] as a partnership between Cementia Holding and Blue Circle in British Kenya. production from its Mombasa plant in 1954. In 1998, Bamburi opened a clinker grinding plant in [ 2 ]
Marketshare Rankings of Kenya's Cement Companies Rank Company Market share 1: Bamburi Cement Limited: 32.6 2: Mombasa Cement Ltd (MCL) 15.8 3: East Africa Portland Cement Company: 15.1 4: Savannah Cement Limited: 15.0 5: ARM Cement Limited: 13.5 6: National Cement Company Limited: 08.0 Total: 100.00
Mombasa Cement Limited is a large cement manufacturer in Eastern Africa.As of March 2016, MCL was the second-largest producer of cement in Kenya, with a 15.8 percent market share, behind market leader Bamburi Cement with a 32.6 percent market share, but ahead of third-placed East African Portland Cement Company, with 15.1 percent market share.
In November 2023, the Sarrai Group signed binding documentation to buy the 70 percent of Hima Cement Limited that Holcim held in the cement maker, through several subsidiaries including Bamburi Cement of Kenya. The purchase price is reported as US$84 million. The deal requires regulatory approval in Switzerland, Kenya, Uganda and COMESA. [3] [4 ...
The cozy slippers that are 'just like UGGs but at a great price' are down to $24. AOL. 25 hostess gifts from Walmart are way better than a bottle of wine. See all deals. In Other News.
He also maintains significant shareholding in Barclays Bank Kenya, Bamburi Cement, Carbacid Investments, Diamond Trust Bank Group, and Safaricom. In July 2013, his holding in NSE-listed companies was valued at KSh2.4 billion (approx. US$27.5 million). [2]
A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering to Colombia, New Jersey's attorney general said on Wednesday, in the first such arrest since ...
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