I Confirm that the post sent by Sumit was the root cause of the problem. I do not have reputation enough to add a coment into their post.

So, yeah it is a problem with the property advertised.listeners and how it is invoked when using command line inside the bash.

KAFKA_ADVERTISED_LISTENERS: PLAINTEXT://kafka:29092,PLAINTEXT_HOST://localhost:9092

kafka-console-consumer --bootstrap-server PLAINTEXT://kafka:29092 --topic dummy-topic