Kenya: The Kenyan government has appointed William Lay as the new chairman of the East Africa Portland Cement Company (EAPCC), replacing Mark ole Karbolo. Making the announcement, Industrialisation and Enterprise Development Principal Secretary Wilson Songa said that the move would streamline operations at the company and mark a strategic shift in the operations of the cement manufacturer.
The move follows on-going shareholder conflict over the EAPCC between the Kenyan government and French multinational cement producer Lafarge.