Parliament directs EAPCC to buy back shares from exiting investor Holcim

Uganda inatarajiwa kuandaa michezo yajumuiya ya EALA

Secret Plans to Sell Shares in State Corporation Revealed

Members of Parliament are raising alarms over a planned private sale of shares in East Africa Portland Cement (EAPC) to Kalahari Cement Limited, citing lack of transparency and potential job losses. The transaction, involving 29.2 percent of EAPC's authorized shares, is allegedly being conducted in secrecy without consultation with staff, management, or the public.

Bunge limeelekeza usimamizi wa kampuni ya saruji EAPCC kununua hisa zake tena

MPs Raise Alarm Ahead of Recruitment of 10,000 Police Constables

Parliament has raised concerns over internal conflicts between the National Police Service (NPS) and the National Police Service Commission (NPSC) regarding overlapping mandates, ahead of the recruitment of 10,000 police constables. A parliamentary committee warned that these disputes could undermine the police service's integrity.

Why MPs could stop acquisition of East Africa Portland Cement by Tanzania firm

Kenyan lawmakers are considering blocking the acquisition of East Africa Portland Cement Company (EAPC) by Tanzania's Kalahari Cement due to concerns over the transparency of the process. The acquisition is being described as potentially opaque and a hostile takeover.