Bamburi Cement appoints John Stull as a non-executive director Written by Global Cement staff
21 April 2021
Kenya: Bamburi Cement has appointed John Stull as a non-executive director following the resignation of Pierre Deleplanque. The latter was appointed to the company’s board in mid-2018 and is its Area Manager - East, South Africa & Indian Ocean.
Stull, an American national, is the Head of Strategy and Mergers & Acquisitions for LafargeHolcim Middle East & Africa region, and has over 28 years’ experience in the LafargeHolcim Group having joined it in 1992 as Operations Manager, Alpena Michigan - USA. In 1996 he was promoted to Vice President, Manufacturing - USA Region, and thereafter held several leadership positions including: President, Missouri Division, Ready Mix and Aggregates; Senior Vice President, Marketing and Supply Chain - Lafarge France; Regional President, Sub-Saharan Africa; President and Chief Executiv
Bamburi Cement’s net profit triples to Sh1.1bn on cost cuts
Summary
The cement manufacturer reported net earnings of Sh1.1 billion in the review period, up from Sh359 million the year before.
Bamburi’s performance, which is in sharp contrast to losses and profit drops posted by most publicly traded firms in the Covid-19 pandemic era, was helped by a major reduction of costs.
The performance saw the company resume dividend payments, proposing a payout of Sh3 per share.
Wednesday April 21 2021
By VICTOR JUMA
Summary
The cement manufacturer reported net earnings of Sh1.1 billion in the review period, up from Sh359 million the year before.
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THE STANDARD
KENYA
Most families in Kashiani depend on sand harvesting from the quarry. [Antony Gitonga, Standard]
A Standard Four pupil and a woman died earlier today at a quarry while they harvested sand in Kashiani area of Bamburi in Kisauni.
The girl has been identified as 12-year-old Samiha Mwalimu. She was a pupil at Kashiani Primary School.
The other victim who died was identified as Mwanajumaa Keah.
Samiha was at the quarry with her mother Salama Karisa who sustained injuries and is currently being treated at Coast General Hospital.
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Karisa sustained head, spine and limb injuries but her husband Mwalimu Yaa says she is in stable condition.
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