Bamburi CEO Seddiq Hassani says the Mombasa-based plant will not be sold as was earlier planned after the would-be buyer failed to meet the conditions precedent to the agreement. [Wilberforce Okwiri, Standard] Bamburi Cement has shelved plans to sell its Mombasa-based precast products plant after a bid to offload it last year, fell through. The […]
Tag: XNAI_BAMB
Kenya: Bamburi Cement launches Houses of Tomorrow innovative project
Houses of Tomorrow (HoT), an innovative and green construction project, has been launched in Kenya by Bamburi Cement limited , an industrial company in the East African country specializing in cement and concrete production, in a bid to fulfill its sustainable construction agenda through low-carbon based building solutions. The project involves careful selection, design, and […]
Bamburi Cement scales up green construction with launch of ‘Houses of Tomorrow’ innovative project
Bamburi Cement has launched an innovative and green construction project in Kenya dubbed “Houses of Tomorrow’ (HoT) in a bid to fulfil its sustainable construction agenda through low-carbon based building solutions. The project involves careful selection, design and use of materials which leverage low carbon standards in the overall construction, and especially application of near […]
Bamburi signs up to implement women’s empowerment principles
The Women’s Empowerment Principles charter is a joint initiative of UN Women and the UN Global Compact (UNGC), providing guidance for promoting gender equality in the workplace and the community through a set of seven Principles. WEP is a seven-step blue print for the global and national business community to empower women in the workplace, […]
Rwandan Importers Switch To Kenyan Cement
Reports from Neighbouring Tanzania indicate that Cement manufacturers are currently involved in maintenance activities, meaning there is zero production going on. Rwanda cement importers have been cited swammed at various depots trying to secure deals for the remaining cement stocks as they last. Trade and Industry Ministry in Tanzania also is concerned about the high […]
Olympia Capital Tops The NSE On Wednesday
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Olympia Capital with a gain of 6.95 percent at the price of 2.00 shillings per share. British American Tobacco was the second top gainer of the day with 3.31 percent at the price of 7.50 shillings per share followed by […]
2020 Kenya Construction Market Report – Affect of COVID-19 – ResearchAndMarkets.com
DUBLIN–( BUSINESS WIRE )–The "Kenya Construction Market Report" report has been added to ResearchAndMarkets.com’s offering. Kenya has the largest economy in East Africa and is the most industrialized country in the region. These factors, combined with the country’s historically stable democratic government, have established its position as the regional hub for trade and finance in […]
Kenya’s Finance, Farming May Attract Most Foreign Capital Flows
(Bloomberg) — Kenya’s finance and agriculture industries have been the most resilient sectors during the coronavirus pandemic and are bound to receive the most flows when foreign-investor purse strings are loosened, according to George Asante, Absa Group Ltd.’s head of global markets for regional operations. The East African nation’s health and education sectors will also […]
Top 5 Gainers, Losers And Movers Of The Day At The NSE On Tuesday
Tuesday, November 3, 2020: The top gainer of the day was Olympia Capital with 9.74 percent at the price of 2.14 shillings per share followed by Eveready East Africa with 7.07 percent at the price of 1.06 shillings per share. The East African Cables and Bamburi Cement gained 6.04 and 5.26 percent at the price […]
Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday
November, Monday 2, 2020: Safaricom was the top mover of the day after moving 7.89 million shares at a market capitalization of 1.25 trillion followed by Bamburi Cement with 1.78 million shares at a market capitalization of 8.28 billion shillings. Equity Group moved 1.09million shares at a market capitalization of 125.85 billion shillings while East […]