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Tanzania’s Heidelbergcement posts 45.6% drop in profit

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Tanzania Portland Cement Company(TPCC) says its first-half profit has dropped attributing it to an output glut forcing down cement prices.The firm is majority owned...

Bamburi net profit drops, cuts dividend payout

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Largest cement maker in Kenya by share Bamburi has announced it suffered a 36.21 per cent drop in profit to Sh1.85 billion from Sh2.9...