Strategy Note /
Kenya

Kenya cement: production and consumption remain high despite sector challenges

  • 9M 21 cement production and consumption rises 27% on the back of infrastructure investment and recovery in construction

  • Cement sector challenges: price competition, reliance on imported clinker, proposed increase in taxes and elections

  • We have a Hold recommendation on Bamburi Cement pending a review

Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
23 November 2021
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