Corporate News
Rising competition to force down cement prices
Cement output from new entrants and increased production by established players has eased construction costs. Photo/FREDRICK ONYANGO
By PAUL WAFULA
(email the author)
Posted Thursday, March 3 2011 at 00:00
Posted Thursday, March 3 2011 at 00:00
The bias for a fall in cement prices will complicate the players’ earnings outlook at a time when they are struggling to maintain their profitability, especially EAPCC and Bamburi.
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