Bamburi Cement’s 2020 Results and Kings of the African Cement Market

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Bulls and Bears: Us Markets Doge

In this episode, the Hisa team discusses the Bamburi cement results for 2020. Bamburi’s numbers look good, but it could still do better, compared to its Tanzanian counterparts. Cement demand grew by 23%, but the company’s revenues dipped 5.2%, showing higher competition in Kenya, especially in pricing, which has dropped its market share in Kenya. The cement market is likely to continue its price wars because of excess capacity of close to 42%.

The conversation touches on regional players in the African market like Dangote, and how their micro and macro environment is affecting their performance.

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