15th November 2003

Correction

In our yesterday’s issue, we erroneously reported that Bamburi Cement board wanted the managing director out. The correct position is that it is the East African Portland Company Board which has recommended suspension of its managing director, Mr. Birya Charo.

In the same story, Bamburi was referred to as owning 40 per cent of EAPC stock when, in fact, it owns 12.5 per cent. We apologise for the mix-up.