Kalahari Cement, a locally incorporated investment firm, has announced the sealing of a share purchase agreement (SPA) to acquire a further 27% equity stake in the East African Portland Cement Plc (EAPC), valued at Kshs 1.6 billion, from the National Social Security Fund (NSSF). In a public notice published today, Kalahari Cement confirmed that it […]
The Ministry of Investments, Trade and Industry has been put to task by a National Assembly Committee over the proposed sale of East African Portland Cement (EAPC) PLC shares by Holcim Limited to Kalahari Cement Ltd. Members of the Trade, Industry and Cooperatives Committee, led by Chairperson Ikolomani MP Benard Shinali , met today with […]
The National Assembly’s Committee on Trade, Industry and Cooperatives has raised fresh concerns over the proposed sale of a 29.2% stake in East African Portland Cement (EAPC) to Kalahari Cement Limited. The committee, chaired by Ikolomani MP Benard Shinali, held a session with key stakeholders to examine the proposed sale of 29.2% of EAPC shares […]