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Dangote Cement.. Kshs 370 for 50kg bag
Alfylavie
#1 Posted : Wednesday, August 31, 2016 3:28:30 PM
Rank: Member


Joined: 9/24/2010
Posts: 136
Location: Nairobi
Nigerian Tycoon DANGOTE has sent shiver down the spines of cement firms in the Kenyan market with imports from his Ethiopian factory. His brand goes for Ksh 370 per 50kg bag, almost half the price of Kenyan brands. Kenyan brands goes for btw Ksh 600 - 1200 per 50kg.

http://www.nation.co.ke/...ts/996-3362520-xv76i5z/
Making money never gets boring
karete
#2 Posted : Wednesday, August 31, 2016 3:41:25 PM
Rank: New-farer


Joined: 5/23/2016
Posts: 19
Alfylavie wrote:
Nigerian Tycoon DANGOTE has sent shiver down the spines of cement firms in the Kenyan market with imports from his Ethiopian factory. His brand goes for Ksh 370 per 50kg bag, almost half the price of Kenyan brands. Kenyan brands goes for btw Ksh 600 - 1200 per 50kg.

http://www.nation.co.ke/...ts/996-3362520-xv76i5z/


Current pricelist:
Savannah - 660
Blue Triangle - 670
Nyumba - 600
Bamburi - 680
Alfylavie
#3 Posted : Wednesday, August 31, 2016 4:21:04 PM
Rank: Member


Joined: 9/24/2010
Posts: 136
Location: Nairobi
karete wrote:
Alfylavie wrote:
Nigerian Tycoon DANGOTE has sent shiver down the spines of cement firms in the Kenyan market with imports from his Ethiopian factory. His brand goes for Ksh 370 per 50kg bag, almost half the price of Kenyan brands. Kenyan brands goes for btw Ksh 600 - 1200 per 50kg.

http://www.nation.co.ke/...ts/996-3362520-xv76i5z/


Current pricelist:
Savannah - 660
Blue Triangle - 670
Nyumba - 600
Bamburi - 680


Dangote - 370/=.. very tempting
Making money never gets boring
Swenani
#4 Posted : Wednesday, August 31, 2016 4:29:34 PM
Rank: User


Joined: 8/15/2013
Posts: 13,236
Location: Vacuum
Alfylavie wrote:
Nigerian Tycoon DANGOTE has sent shiver down the spines of cement firms in the Kenyan market with imports from his Ethiopian factory. His brand goes for Ksh 370 per 50kg bag, almost half the price of Kenyan brands. Kenyan brands goes for btw Ksh 600 - 1200 per 50kg.

http://www.nation.co.ke/...ts/996-3362520-xv76i5z/




What is the quality?
If Obiero did it, Who Am I?
Mike Ock
#5 Posted : Wednesday, August 31, 2016 4:47:10 PM
Rank: Member


Joined: 1/22/2015
Posts: 682
Most important thing, how does this impact construction costs?
instinct
#6 Posted : Wednesday, August 31, 2016 5:08:54 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
karete wrote:
Alfylavie wrote:
Nigerian Tycoon DANGOTE has sent shiver down the spines of cement firms in the Kenyan market with imports from his Ethiopian factory. His brand goes for Ksh 370 per 50kg bag, almost half the price of Kenyan brands. Kenyan brands goes for btw Ksh 600 - 1200 per 50kg.

http://www.nation.co.ke/...ts/996-3362520-xv76i5z/


Current pricelist:
Savannah - 660
Blue Triangle - 670
Nyumba - 600
Bamburi - 680



Its actually 381/= at bank rates of 103 to the dollar. And that's ex-factory in Ethiopia. factor in transport costs, distributor & retailer margins, duties, levies and VAT and that easily comes to about 600/=
streetwise
#7 Posted : Wednesday, August 31, 2016 5:14:58 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
So why does our cement cost so much, local prices I assume have no duty and transport costs from Ethiopia included.

Is it the case of super profits like the banks
karete
#8 Posted : Friday, September 02, 2016 8:19:18 AM
Rank: New-farer


Joined: 5/23/2016
Posts: 19
streetwise wrote:
So why does our cement cost so much, local prices I assume have no duty and transport costs from Ethiopia included.

Is it the case of super profits like the banks


Next assignment for Jude Jomo
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