NBV to break ground for Machakos cement plant

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A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG

Nairobi Business Ventures (NBV) plans to break ground on a cement manufacturing plant in Mavoko, Machakos County by end of the year after shareholders approved a proposal to buy Delta Cement.

The Nairobi Securities Exchange (NSE) listed firm was recently taken over by Delta International FZE, which is transforming it from shoe retailing to cement manufacturing, automobile, and aviation undertakings through four subsidiaries.

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