Cement News tagged under: East Africa
PPC Zimbabwe to establish 32MW solar plant06 July 2020, Published under Cement NewsPPC Zimbabwe has found an investor for its project to establish a 32MW solar plant at its Colleen Bawn plant in Matabeleland South province. Half of the plant’s output will be used for the company’s cement manufacturing operations, while the other half will be supplied to the national power grid. The construction of the project is expected to last around 18 months. |
Raysut Cement targets east African expansion02 July 2020, Published under Cement NewsOman's Raysut Cement plans a five-fold increase in its cement production capacity, says Joey Ghose, Raysut Cement's CEO. The expansion would see Raysut Cement increase production from 5Mta to 26Mta in the next few years. The expansion would be accomplished through a mixture of joint ventures, acquisitions and greenfield cement projects, added Ghose. Expenditure would amount to US$65-78m in the next two years. The main area for growth would be in east Africa where the company plans to add 1... |
Ethiopia's cement prices begin to stabilise22 June 2020, Published under Cement NewsEthiopia’s Ministry of Trade and Industry has confirmed that cement prices have been stabilising in the country, as a result of regulatory measures taken by the Ministry, according to New Business Ethiopia. Cement prices had almost doubled to around ETB450/50kg bag (US$13) recently, reportedly due to some major suppliers not producing at full capacity and issues with hoarding of the product. Since a shortage of imported material was the reason for the fall in production, the Ministry h... |
PPC: Zimbabwe cement sector needs support19 June 2020, Published under Cement NewsZimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity to supply the local market, Zimbabwe remains a destination for cheap and substandard cement products, which are finding their way through the country’s borders as well as via smuggling, according to PPC Zimbabwe Managing Director, Mr Kelibone Masiyane, in The Herald. Mr Masiyane went on to say that the local cement ... |
Planning for 7Mta plant in east Africa continues18 June 2020, Published under Cement NewsMartine Shigela, regional commissioner for Tanga, Tanzania, has confirmed that Sinoma and Hengya Cement have now finalised payment procedures for the residents of Mtimbwani, Mkinga District, as the planning for the largest cement project in east Africa continues. "We want to see this project being implemented and ultimately grow so that residents could benefit economically," said Mr Shigella. The Amboni and Mtimbwani agreed to provide 280 and 1000 acres of land for the project, respect... |
Hima Cement's Kasese mining right appeal is dismissed17 June 2020, Published under Cement NewsUganda-based Hima Cement (LafargeHolcim group) has seen its Kasese mining rights stripped from it after the High Court upheld a decision from 2013 to confer them to East African Gold Sniffing Company Ltd. The dispute has involved legal proceedings before the Minister of Energy and Mineral Development, the High Court and the Court of Appeal. Hima Cement had appealed to the High Court after its limestone rights in Kasese, western Uganda, were annulled by Justice Elad Mwangusya in 2013. Court... |
East African prospects16 June 2020, Published under Cement NewsThe east African cement markets of Uganda, Rwanda, Malawi and Burundi have continued to experience rising levels of cement consumption over recent years with investments in infrastructure and affordable housing. However, the COVID-19 crisis is likely to take its toll on cement consumption growth in 2020. Uganda has both one of the largest economies and cement industries in East Africa, with capacity growth fuelled by growing confidence on the back of expected oil revenues The... |
African cement escapes the pandemic; structural issues remain05 June 2020, Published under Cement NewsCemtech's latest webinar discussed Africa's cement sector and the impact of COVID-19 on the continent. Tony Hadley of consultancy THAA, and Erkam Kocakerim, CEO of Limak Afrika SA, covered several areas of concern from the impact of the COVID-19 pandemic on economies and cement demand to overcapacity and competition issues, while also providing a long-term outlook for the continent. Thomas Armstrong, Managing Editor of International Cement Review, opened the webinar with an overview of the ... |
CIMERWA to list on stock market02 June 2020, Published under Cement NewsCIMERWA has said that it is currently in the process of listing its shares on the Rwanda Stock Exchange (RSE). Mr Sigei, CEO, said that the transaction is currently in the hands of the relevant regulators and will be announced in due course. The listing of the company will also depend on its market performance, which has been affected by the coronavirus pandemic despite a significantly financial book last year, reports KT Press. If listed, CIMERWA will be come the ninth company on the RS... |
CIMERWA appoints new CEO01 June 2020, Published under Cement NewsRwandan cement company, CIMERWA, recently appointed Albert Kipkemoi Sigei as its new CEO, succeeding Bheki Mthembu, whose term ended. Mr Sigei, with more than 17 years of experience in the building materials sector, has a degree in Mechanical Engineering from the University of Nairobi, Kenya, as well as professional qualifications in accounting and information technology management. He comes to CIMERWA after a position as CEO of LafargeHolcim Malawi, following posts in Kenya, Egypt and Nig... |