Kenya clears Tanzanian billionaire Edha Nahdi’s bid for NSSF stake in East African Portland Cement, but orders 18 months of job protection

Billionaires Africa | 03.02.2026 20:15
Kenya’s competition watchdog has cleared Tanzanian industrialist Edha Nahdi to deepen his bet on one of the country’s oldest cement makers, approving Kalahari Cement Limited’s plan to buy a big stake in East African Portland Cement Plc from the national pension fund.