Published on 14 November 2016
East African Portland Cement (EAPCC) has set out to stamp out corruption from its operations to boost profitability.
This comes in the wake of the cement maker dropping into a negative equity position with its liabilities exceeding the value of its assets.
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Newly appointed Managing Director Simon Peter Ole Nkeri has alluded to the fact that corruption and inefficient structures have led the firm to its precarious position.
Sharing on his Facebook page on Monday, Mr ole Nkeri said unless the rampant corruption is addressed the firm may run the risk of having to shut down.
As we fight against these nightmares, the corruption…