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Ongabi David Nyambane, Barrack Ouma (Beteiligte)

Cash Management And Profitability Of Cement Industries In Kenya


2018. 52 S. 220 mm
Verlag/Jahr: SCHOLAR´S PRESS 2018
ISBN: 3-330-65257-8 (3330652578)
Neue ISBN: 978-3-330-65257-6 (9783330652576)

Preis und Lieferzeit: Bitte klicken


Kenya´s building and construction sector is amongst the most rapidly growing, experiencing an average growth rate of 14.2% for the period 2006 - 2011. Over the same period, Kenya´s economic growth, as measured by the real Gross Domestic Product rate (GDP) averaged only 4.3% declining to 4.38% in 2011 from 6.33% in 2006. Currently, the industry has six manufacturers namely; East African Portland Cement Company, Bamburi Cement Ltd, Athi River Mining, Cemtech, National Cement and Pandlu Cement. According to the Central Bank´s Monthly Economic Review for 2012, cement consumption increased at an average rate of 14.1% for the period 2006 - 2011, with consumption reaching 3.43 million tonnes (mT) in 2011, up from 1.57mT in 2006.