Keep competition in the cement industry fair
The proposal to increase import duty on clinker, a raw material used in making cement, from 10 percent to 25 percent, will crush competitors outright.
Source: businessdailyafrica.com
Page 15 - Devki Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Devki Group Today - Breaking & Trending Today
Regulator fights tycoon's plan in cement price war
Competition watchdog says Devki’s proposal to raise clinker import duty risks hurting rivals, raising prices of commodity.
Source: businessdailyafrica.com
Inside billionaires fight for Mumias Sugar deal
Businessman Mwale places a Sh27.6bn bid with Rai family and steel tycoon Raval offering Sh8.4bn and Sh3.5bn, respectively.
Source: businessdailyafrica.com
Cement manufacturers escalate dispute over clinker import tax
Four firms say rival National Cement is trying to force government to increase import duty as Devki-owned firm announced it would lay off workers.
Source: standardmedia.co.ke
Devki lays off hundreds at clinker plants
Clinker is mostly shipped in from overseas, hampering the country’s ambition to revamp its manufacturing sector.
Source: standardmedia.co.ke