Shoe firm seeks nod to step into cement manufacturing

The K-Shoe shop along Kenyatta Avenue in Nairobi on March 28, 2016. FILE PHOTO | SALATON NJAU | NMG

Shoe-seller Nairobi Business Ventures (NBV) is seeking nod to set up Sh15 billion cement manufacturing plant in Machakos barely a month after announcing plans to diversify into new sectors to grow revenue.

The firm, through its subsidiary—Shreeji Enterprises Kenya Limited— has sent an application to the National Environment Management Authority (Nema) seeking clearance for the project that will occupy 11.33 hectares.

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