Local cement manufacturer and concrete products provider East African Portland Cement Plc (EAPC) is set for a major revamp in its production facilities following a pledge by its majority equity investor, Kalahari Cement, to triple its production capacity. The production enhancement and turnaround projects, including staff welfare enhancement initiatives, to be undertaken by Kalahari Cement,
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
Kalahari Cement, a locally incorporated investment firm, has successfully completed its bid to acquire an equity stake in East African Portland Cement Plc (EAPC) as part of a strategic long-term investment plan geared at advancing the national industrialization and development agenda. The completion of the sale, as a private transaction, follows the signing of a
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