Tanzanian businessman Edhah Abdallah Munif has made quick gains in his multi-billion-shilling investments in Bamburi Cement and East African Portland Cement (EAPC) after improved operational efficiencies yielded higher profits and asset valuation of the firms.
The latest financial reports published by the two Nairobi Securities Exchange (NSE)-listed cement firms show a sharp jump in profits, attributed to new investment and marketing initiatives.
