Portland Cement fires all 270 employees, to rehire on contract

Portland factory entrance. FILE PHOTO | NMG

East African Portland Cement Company #ticker:EAPCC (EAPCC) has declared redundant all its 270 employees with an eye on trimming the company’s wage bill further.

EAPCC latest move is aimed to cut costs as outlined in the turnaround strategy adopted by the board and comply with regulations outlined by the State Corporations Advisory Committee.

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