Bamburi Cement Limited manufactures and sells cement and cement products for the building sector in Kenya and Uganda. The company exports its products to Reunion, Uganda and Mayotle. Brands in its retail range include Powermax, Powercrete, Nguvu, Supaset, Multipurpose, Powerplus and Roadcem. Pre-cast concrete paving blocks sell under the BamburiBlox name. The company also supplies precast molded cement products used for drainage, edge constraints, fencing and walling and ready-mix cement. Bamburi Cement Limited offers its service to rehabilitate quarries and owns and maintains a nature and environmental park developed from a rehabilitated quarry. The company was founded in 1951 and has its head office in Nairobi, Kenya. Bamburi Cement Limited is a subsidiary of Lafarge Holcim Limited (SA).
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Bamburi Cement has raised its dividend payout to shareholders 7.3 times to Sh1.99 billion, in the financial year ended December 2023, on increased cash position and expects to follow up in the coming months with another payout from the proceeds of divesting from the subsidiary it had in Uganda.
Bamburi Cement Plc has announced that it will stop production of Ordinary Portland Cement (OPC) within its product line from January 1, 2024, as part of its commitment to decarbonizing its operations.
Nairobi Securities Exchange – NSE
CONSTRUCTION & ALLIED INDUSTRY | |||
COMPANY NAME | ISIN CODE | TICKER | MARKET CAP |
KE0000000034 | ARM |
| |
KE0000000059 | BAMB |
| |
KE0000000141 | CRWN |
| |
KE0000000174 | CABL |
| |
KE0000000190 | PORT |
RATE | % | Date |
Central Bank Rate | 10.50 | 09/08/2023 |
Inter-Bank Rate | 12.20 | 03/10/2023 |
CBK Discount Window | 14.50 | 10/08/2023 |
91-Day T-Bill | 14.821 | 02/10/2023 |
REPO | 8.94 | 11/08/2023 |
Inflation Rate | 6.8 | SEP,2023 |
Lending Rate | 13.5 | JULY,2023 |
Savings Rate | 3.97 | JULY,2023 |
Deposit Rate | 8.1 | JULY,2023 |
KBRR | 8.9 | 27/07/2016 |
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