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Tanzania’s Heidelbergcement posts 45.6% drop in profit

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

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...