Bamburi Cement Plc has raised the price of its Nguvu, Tembo and Fundi brands by between 2% and 10%, with effect from March 10th 2022. The firm will increase the three brands’ ex-works, delivered, and FCA prices.
The price hikes affect the products from its plants in Nairobi, Mombasa, Limuru and Sagana depots.
In a statement signed by Samwel Njambi, the cement maker’s Regional Sales Manager Mt. Kenya and Eastern, the move has been necessitated by the need by the firm to sustain its operations.
Bamburi Cement has switched to solar power to bring down its electricity bills
The firm has been battling high production costs and even shifted to solar energy to reduce its power bills.
” The cost of input raw materials continues to increase disproportionately compared to what we can absorb and therefore we had to pass on part of the cost to the market. But rest assured that we are taking all possible measures to mitigate these adverse effects,” said Njambi.
Consumers have been advised to contact territorial retail sales managers or check the Navendor application for actual product price changes.
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