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Devki tycoon Raval reportedly puts over Sh200bn into cement and steel plants

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President Ruto breaks ground for Ksh.70 billion Devki clinker and cement plant in Kitui

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NairobiCity Newsroom added news post Business

Devki tycoon Raval reportedly puts over Sh200bn into cement and steel plants
Business Daily reports that Devki tycoon Raval has spent heavily on cement and steel, but the sources do not explain why searches for his group are rising.What happenedA Business Daily headline reports that Devki tycoon Raval has spent over Sh200bn on cement and steel plants [1]. According to the same source, his investments across the cement and steel value chains have strengthened his...

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NairobiCity Newsroom added news post Politics

President Ruto breaks ground for Ksh.70 billion Devki clinker and cement plant in Kitui
President William Ruto has broken ground for a new Devki clinker and cement plant in Ngaaie, Mwingi North, Kitui County.President William Ruto (centre) seen alongside Devki Chairman Dr. Narendra Raval (left) at the groundbreaking of Kitui plant. Photo: PCSThe plant, which costs Ksh.70 billion, will be Kitui County’s first cement manufacturing facility, with Ruto saying the investment will...

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