Kenya attracted attention in 2024, drawing multinational expansions, including Starlink, JP Morgan, and Microsoft and selling ...

Bamburi Cement's shareholders have approved a KSh23.2 billion (about Tsh459 billion) sale of the firm to Amsons Industries (K ...

Amsons Industries (K) Ltd, owned by Tanzanian businessman Edhah Abdallah, will now control 96.4% of Bamburi's 362.96 million ...

The cement firm accounted for 95 percent of the NSE’s turnover of Sh170.91 billion, and 78 percent of the 174.6 million ...

Tanzanian conglomerate Amsons Group yesterday took possession of the first batch of Bamburi Cement shares worth Sh8.9 billion ...

Amsons Group, a leading pan-African manufacturing and energy conglomerate, has closed the takeover offer of Bamburi Cement ...

The total shares transferred so far are therefore valued at Sh22.74 billion as per the buyout price of Sh65 per share.

Amsons Group, a building materials company, plans to build a $320 million cement plant in Tanzania. This is reported in the Amsons press release. The new facility with a capacity of 5,000 tons of ...

Holcim has closed the divestment of its business in Kenya through a sale to Amsons Group of its entire 58.6% stake in Bamburi ...

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In the other is Tanzania’s Amsons Group, headed by CEO Edha Nahdi, equally determined to clinch the deal. Diversifying Kenya's exports for economic prosperity State defends livestock vaccination ...

At Sh70, the competing offer price represents a 53.34 per cent premium as of July 9 2024, the day prior to the date of notice of intention to make a takeover offer made by Amsons. Savannah Clinker ...