×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Read on the App

Seruji Ltd to sell Savannah Cement stake to Mauritian firm

Savannah Cement Plant at Athi River. [File, Standard]

A Mauritian firm is set to acquire a controlling stake in local cement producer Savannah Cement.

Barak Asset Recovery Limited has started the process of acquiring a 60 per cent stake in Savannah Cement that is owned by Seruji Ltd, a company associated with Kenyan businessman Benson Ndeta.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in