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Tanzanian tycoon snaps up NSSF's stake in Portland for Sh1.6b

A section of the The East African Portland Cement Company factory in Athi River.[FILE]

Tanzanian tycoon Edha Nahdi, through his company Kalahari Cement, has sealed a Sh1.6 billion purchase agreement to acquire a 27 per cent stake in the East African Portland Cement (EAPC) from the National Social Security Fund (NSSF). 

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