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Portland seeks Cabinet nod to sell Sh10bn land
Kephar Tande, the East African Portland Cement Company chief executive. PHOTO | SALATON NJAU
The East African Portland Cement Company (EAPCC) is waiting for Cabinet approval to sell Sh10 billion land as part of efforts to return to profitability.
The Nairobi bourse listed firm, through the Ministry of Trade, has prepared a brief for Cabinet approval to sell part of 13,000 acres of land it owns in Athi River.