National Social Security Fund (NSSF) Acting Managing Trustee, Mr. Tom Odongo, will this morning receive a dividend cheque from National Bank of Kenya Management team during a brief courtesy call at NSSF Head offices in Nairobi.
This comes only two days after Bamburi Cement, Kenya's biggest cement maker paid the NSSF Sh534 million as dividend for 2011. The cheque was given to the acting NSSF’s Managing Trustee, Mr Tom Odongo, at Bamburi Cement Head Offices at Kenya Re Towers, Nairobi.
Speaking at the cheque hand over event Bamburi Managing Director Hussein Mansi said“NSSF is one of the largest shareholders in Bamburi and we want to build on this investment and continue supporting NSSF as it strives to provide basic social security for Kenyans."
Earlier wrangles in the Nairobi Securities Exchange listed company had resulted to ousting of NSSF from the Bamburi board, a position that Mr Tom Odongo says NSSF hopes to reverse to restore Kenyan's hope in the Social Security Fund Custodians. NSSF owns 14.71% shares in Bamburi Cement.
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