Mombasa Cement is now Kenya’s second biggest player after leading new players to grab market share from established firms such as Bamburi #ticker:BAMB and troubled Portland Cement.
The maker of the Nyumba brand, which began operations in 2007, now has a market share of 15.8 per cent to rank behind Bamburi’s 32.6 per cent as at end of 2016, according to research by Standard Investment Bank.