B

You can be a fan or you can be The Man

[B @flyin_sosaa]

@bakhita_esther That bitch mad cause she built like a man💀

[B @flyin_sosaa]

@G_Stevoh_ If it were a Kenyan behaving like this, police would not hesitate to flex their muscles. So good for them.

[African @ali_naka]

Dear African Rulers

Invest in healthcare system at HOME!

This thing of coming back as CARGO is not sustainable!

[DailyReality @Viralvid_89]

@realspitfire Why?🤔🤔

[dragon fire @__ConciliaFO_]

Not reading all that. Please get serious about your presidential campaign. Please.

[Cyprian, Is Nyakundi @C_NyaKundiH]

Munif’s EAPC Takeover Bid Seen as Desperate Attempt to Bail Out Bamburi Cement Debt

Tanzanian national Edhah Abdallah Munif’s attempted acquisition of East African Portland Cement Plc (EAPC) is facing increasing scrutiny amid revelations that the bid may be driven not by industrial ambition but by a pressing need to salvage his heavily indebted investment in Bamburi Cement.

Industry insiders and financial analysts warn that the proposed takeover is less about EAPC’s future and more about gaining access to its valuable land and infrastructure to plug financial holes at Bamburi. Munif’s firm is reportedly burdened with over Sh300 million in monthly debt repayments, stemming from the leveraged buyout of Bamburi Cement.

To stay afloat, Bamburi has allegedly initiated the sale of key assets, including prime land holdings in Mombasa.
The move to acquire EAPC is now being viewed as part of a broader strategy to secure more assets for liquidation, rather than invest in operational growth.

“This is not a growth acquisition. It’s a distress-driven play to strip EAPC of its assets to rescue Bamburi,” said a senior industry executive familiar with the matter, who requested anonymity due to the sensitivity of the issue.

The takeover offer, which sources say is severely undervalued, has raised red flags over its true intent.

Critics argue that the bid lacks any clear commitment to capital investment or operational enhancement for EAPC, one of Kenya’s oldest cement manufacturers.

Instead, the proposal is seen as an opportunistic move to acquire EAPC’s land bank and infrastructure at a discount, with the intention of liquidating assets to meet Bamburi’s financing obligations.

There are growing concerns that such a move would leave EAPC stripped of critical production assets, jeopardizing its viability and undermining shareholder value.

In recent weeks, the situation has become more politically charged, with coordinated attacks on EAPC’s current Managing Director surfacing in media and online platforms. Insiders allege these are tactics meant to divert attention from the asset-stripping concerns and create a leadership vacuum that could ease the acquisition process.

When approached for comment, Munif’s representatives did not respond directly to questions about Bamburi’s debt position or the absence of a growth plan for EAPC. Instead, they dismissed concerns as “unfounded speculation.”

Stakeholders are now calling on regulators, including the Capital Markets Authority (CMA) and the Competition Authority of Kenya (CAK), to intervene and assess the implications of the deal.

“EAPC is a strategic national asset,” said one shareholder.

“Allowing it to be used as collateral to fix a failing investment elsewhere is not just bad business—it’s bad policy.”

Insiders are questioning if he is a real investor.
“He came to Kenya and took a Sh23 billion to buy Bamburi and we don’t know how he managed to get that.”

“Bamburi is now paying Sh300 million monthly to service the loan and this leaves it crippled,” said an insider.

The insider added the company is now on a rush to sell its land to offset some of the loans disturbing it.
“We believe he is out for a consolidation to generate a concentration risk.”

The insiders added he may convert the EAPC to a branch of Bamburi.

This means there will be massive layoffs to affect many.
The board told Parliament EAPC is now making profits.
“We have had a significant turnaround of business at the firm and pay our salaries in time and share price moved from Sh4 to Sh60 in a period of ten months.”
His attempts to buy it at Sh27 per share will alter market sentiments and cause crushing of the prices.

The Attorney General’s representative told a parliamentary committee the transaction did not go through the compliance requirements as per the Company Act 2015 and Articles of Association.

The board too said during the sessions the options available is to buy back the shares and reissue after concluding capital restructuring program which will give an opportunity to Kenyans.

This will also facilitate capital market deepening.
The company confirmed availability of cash to undertake the buy back.

[B @flyin_sosaa]

@Wanjiru2027 Na alifika nyanyo stadium au bado?

[Larry Madowo @LarryMadowo]

I’m fascinated by the pictures of Jesus I find in churches across Africa.

Why is it almost always a white guy?

[B @flyin_sosaa]

Whew, that feeling when you are done pretending 😅

[B @flyin_sosaa]

@Honeyfarsafi Si hiki kikufe tu?

[B @flyin_sosaa]

@itskipronoh I never thought I could hate someone this much.

[Wamutahi @Son_of_Laikipia]

Ambieni Murkomen Police wamehonour his "shoot to kill" order in Ngong atokee akule maiti sasa😌.

[#PLChampions @jnjauu]

I hope it’s Edith Kimani.
You deserve it.
#SiriNiNumbers

[B @flyin_sosaa]

@NaomiPromax @_James041 Ni msiba mbwa hii

[MethoDman @polo_kimanii]

SHAKE THE TREE UNTIL THE TAX COLLECTOR FALLS.! #SiriNiNumbers

[Josh @Josh001J]

Ruto is probably wondering why we're protesting. The list is endless. #SiriNiNumbers

[Kenyan Dissenter @NiWainaina_]

A message to my mom in case I don't make it back.

#OccupyStatehouse2025 #25thJune2025

[Aisha Khamis Ali @AishakhamisAli]

Readyyyy
#SiriNiNumbers

[B @flyin_sosaa]

We cannot be stopped!

[Zollz @zollz]

Coldest edit from last years protests, still gives me goosebumps.