Bamburi CEO: Why the cement costs keep rising

Bamburi Cement Plc, the largest cement maker in Eastern Africa, posted an 18.62 percent growth in sales to Sh41.38 billion in 2021 in an environment of rising cost of the key construction material.

Bamburi Cement chief executive Seddiq Hassani spoke to the Business Daily on the industry’s uncertainty about prices amid supply chain disruptions related to Covid and the war in Europe, anxiety about the dollar shortage and the prospects of the affordable housing project.

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