Cement firms export income falls 65pc

Workers at an affordable housing project in Ngara on Park Road, Nairobi. FILE PHOTO | NMG

Earnings from exports by Kenyan cement firms have touched a new low, signalling loss of job opportunities to regional countries in the wake of a drop in domestic orders.

Preliminary exports statistics by the Central Bank of Kenya (CBK) show income from domestic cement exports plunged to Sh362.28 million in the first six months of the year, a 65.28 percent dip compared with Sh1.04 billion a year earlier.

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