Topic: Bamburi Cement
Why Savannah Clinker withdrew Sh27.8 billion Bamburi Cement takeover offer
Dec 04, 2024 at 05:28 PM
The embattled Savannah Clinker Limited has blamed the arrest of its chairman Benson Ndeta as one of the key reasons why it withdrew its bid to take over Bamburi Cement....
Beset Savannah Clinker boss withdraws ambitious Bamburi Cement takeover bid
Dec 04, 2024 at 03:44 PM
Savannah Clinker has withdrawn its controversial bid to acquire Bamburi Cement a month after it raised its offer to Sh27.78 billion from its preliminary counter-offer of Sh25.4 bil...
Tanzanian giant AMSONS Group secures green light for Bamburi Cement takeover
Nov 14, 2024 at 06:03 PM
Tanzanian conglomerate AMSONS Group has received major regulatory approval to acquire up to 100 per cent of Kenya’s leading cement manufacturer, Bamburi Cement PLC....
Amsons starts campaign for its Sh23.5 billion Bamburi Cement acquisition bid
Oct 28, 2024 at 01:15 AM
Amsons Group has started campaigning to get the backing of Bamburi Cement shareholders coming after Savannah Clinker increased its bid for the firm from Sh70 to Sh76.55 per share....
Savannah Clinker now hikes its Bamburi Cement takeover offer to Sh27.7 billion
Oct 25, 2024 at 11:18 AM
Savannah Clinker has now increased its bid to acquire Bamburi Cement from Sh70 per share to Sh76.55 per share raising the stakes in its bidding war with Amsons Group of Tanzania....
Fierce bidding war for Bamburi Cement heats up as Savannah Clinker enters fray
Aug 28, 2024 at 07:10 PM
A fierce bidding war has erupted for the acquisition of Bamburi Cement, one of Kenya's leading cement manufacturers. The latest entrant into the fray is Savannah Clinker Limited, a...
Amsons Group faces Sh682m break-up fee should its Bamburi Cement bid flop
Jul 18, 2024 at 09:46 PM
Tanzanian conglomerate Amsons Group has outlined a Sh682.7 million ($5.31 million) break-up fee should its proposed acquisition of Nairobi Securities Exchange-listed cement manufac...
TZ’s Amsons Group sets historic record with bid to acquire Bamburi Cement
Jul 11, 2024 at 02:27 PM
Amsons Group, a renowned Tanzanian conglomerate, has made a landmark move in East African trade relations by issuing a binding offer to acquire up to 100 per cent of Bamburi Cement...
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Full details of Bamburi Cement newly unveiled 2022 Sustainability Report
Nov 24, 2023 at 06:22 PM
In a decisive move towards sustainable business practices, Bamburi Cement Plc launched its 2022 Sustainability Report on Friday, presenting a comprehensive overview of its commitme...
Bamburi Cement approves Sh12.7 billion stake sale in Uganda’s Hima Cement
Nov 16, 2023 at 01:07 PM
In a transformative move, Bamburi Cement PLC has given the green light to a significant transaction valued at Sh12.7 billion (USD 120 million), setting the stage for the sale of it...
Bamburi Cement pushes building sector players to lead sustainable construction
Oct 23, 2023 at 06:18 AM
Bamburi Cement has unveiled a thought leadership series seeking to rally players in the region’s construction sector to adopt sustainable construction towards decarbonisation....
Bamburi Cement pre-tax profit rises by 500 per cent to Sh621 million in H1 2023
Aug 25, 2023 at 06:45 PM
Bamburi Cement has recorded a 500 per cent increase in its pre-tax profits to Sh621 million for the first half of 2023, compared to Sh124 million it posted for a similar period in ...
Bamburi Cement and Isuzu East Africa partner to empower female truck drivers
Aug 16, 2023 at 05:14 PM
Seven women from Bamburi Cement’s Women on Wheels (WoW) programme, are among 37 truck drivers who have graduated from Isuzu East Africa’s Drivers Academy in Nairobi....
Bamburi Cement announces two new appointments in gender diversity drive
Jul 21, 2023 at 05:06 PM
Bamburi Cement on Friday announced the appointment of Claudia Albertini Non-executive Director and Joyce Munene as Company Secretary as it enriches its gender diversity agenda....
Bamburi Cement, IFC roll out program to support women SMEs to access tenders
Jul 14, 2023 at 12:00 PM
Bamburi Cement has partnered with International Finance Corporation (IFC) in an initiative that is aimed at training women who own businesses to better take part in procurement....
Bamburi Cement, Isuzu EA partner for the Fourth Edition of Women on Wheels
Mar 31, 2023 at 12:12 PM
The number of women in the WOW program has increased from the 21 female drivers trained and placed in jobs in 2022 to 50 in 2023, with Bamburi planning to expand the program to oth...
Bamburi Cement roots for local interest in Sh124.9 million Holcim Awards 2023
Feb 14, 2023 at 12:04 PM
The winners will be unveiled on November 18 at the Venice Biennale of Architecture in Italy, with most of the sixth edition winning projects in 2022 coming from Asia Pacific and Mi...
2 arrested ferrying narcotics in Bamburi Cement lorry
Apr 05, 2021 at 06:52 AM
Two suspects were on Sunday afternoon arrested after a lorry they were using to ferry 93 bales of bhang was intercepted at Hadado in Wajir County....
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