How Narendra Raval quietly secured exclusive iron ore deal in Uganda
Raval is now eyeing the virgin production of steel, the first in Kenya and one of the few in the continent.
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Raval is now eyeing the virgin production of steel, the first in Kenya and one of the few in the continent.
The minister for Industry and Trade Dr Ashatu Kijaji has advised cement manufacturers to increase capacity due to meet rising demand brought about by the continental free trade area
The takeovers, which bear a collective value of more than $100 million, have signalled a departure from dull deal-making activity pegged to local manufacturing.
The Tanga Cement acquisition deal has gone a step further after 43.5 million shares changed hands in a block trading arrangement at the Dar es Salaam Stock Exchange (DSE).
Police say the one-year-old was burnt beyond recognition