Four cement manufacturers have requested for an urgent meeting with the national treasury over a proposal to review the Common External Tariff (CET) on imported clinker upwards or total ban. "On behalf of Bamburi Cement and my colleagues in Savannah Cement, Ndovu Cement and Rai Cement, we're seeking an urgent meeting with your esteemed office at your earliest convenience your schedule permitting," said Bamburi MD Seddiq Hassani who signed the letter dated March 25. The Kenya Association of Manufacturers has proposed that CET on imported clinker be reviewed from the current 10 percent to 25 percent on imported clinker or a complete ban of importation to protect local manufacturers. Currently only National Cement and Mombasa Cement produce their own clinker while the rest import. The letter is copied to John Simba (chairman Bamburi Cement), Benson Ndeta (chairman Savannah Cement), Kishor Varsani (Managing director Ndovu Cement) and Sarbjit Singh Rai (Managing director Rai Cement).

Source: The Star April 03, 2021 07:52 UTC