Cement News tagged under: East Africa

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Ethiopia invites private sector to address cement shortage

03 September 2020, Published under Cement News

To end the chronic shortage of cement in the market, Ethiopia’s Ministry of Trade and Industry has prepared a new guideline to introduce the private sector to the supply chain. The measure went into effect from 31 August 2020. State Minister of Trade and Industry, Eshete Asfaw, said the guidelines are mainly prepared to sustain the supply chain and allow the private sector to take part in cement supply in the country. Previously the Ministry had decided that only governmental organisatio...

EAPC restructuring enters final phase

03 September 2020, Published under Cement News

The restructuring of East African Portland Cement Co (EAPC)’s human resources in Kenya is entering its final phase with 270 employees seeing their permanent contracts converted to contract terms. Speaking during a consultative meeting with the permanent staff, the acting MD, Stephen Nthei, said the strategic objective is to reduce administrative costs as outlined in the turnaround strategy adopted by the board and to comply with regulations outlined by the State Corporations Advisory Commit...

Bamburi Cement sees surge in profit before tax

28 August 2020, Published under Cement News

Kenya’s Bamburi Cement has announced a 15 per cent YoY decline in turnover to KES16.23bn (US$150m) for the first half of 2020, against KES18.66bn in the 1H19. However, the company saw a surge in profit before tax to KES213m from KES23m in January-June 2019.

Cement prices rise in Malawi

27 August 2020, Published under Cement News

Cement prices in Malawi have reportedly increased by 33 per cent in the past two weeks to MWK8000 (US$10.79) per 50kg bag, with the hike attributed to a shortage, according to The Business Times (Malawi). Cement Products Ltd (CPL) has condemned traders for raising the prices saying the wholesale price has not changed. Meanwhile, the country’s Ministry of Trade has reported that the increase is due to a rise in the price of imported cement from Zambia. "We are in talks with the local ma...

Lafarge Cement Zimbabwe ordered to shut plant by EMA

18 August 2020, Published under Cement News

The Environmental Management Agency ordered Lafarge Cement Zimbabwe (LafargeHolcim group) to close its 0.45Mta Manresa plant last week, because of abnormal dust discharges. Lafarge Cement Zimbabwe said it experienced an unexpected surge in dust emissions during a trial of alternative fuel in the plant between July 30 and 1 August, adding that immediate action was taken to control and contain the emissions and the incident was reported to EMA in line with regulatory requirements. It is under...

Twiga Cement to increase cement capacity in Tanzania

14 August 2020, Published under Cement News

Twiga Cement's Head of Commercial Cluster East, South and Central Africa, Yves Mataigne, says the company will invest TZS34bn (US$14.6m) this year and TZS33bn (US$14.1m) in 2021 to support Tanzania's drive for infrastructure projects. "Implementation of the mega projects has made us rethink about our production capacity as we see an opportunity for growth," Mr Mataigne said. Twiga Cement (HeidelbergCement group) has invested TZS105bn over the last five years in modernising its operatio...

Dangote to test US$90 power plant for Mtwara cement factory

11 August 2020, Published under Cement News

Dangote Cement will test run a new US$90m gas-fired power plant in Mtwara, Tanzania, later this month. The plant has been delayed with the outbreak of COVID-19, but it will supply the Mtwara cement plant and reduce Dangote Cement's reliance on coal imports. The new power plant is due to be fully commissioned in November. The Mtwara plant has not operated at full capacity during 2020, but the new power plant should help energy efficiencies. "We have had mechanical failures of some main equ...

East African Portland Cement meets distributors amidst falling demand

10 August 2020, Published under Cement News

The East African Portland Cement Company (EAPCC) of Kenya is enhancing dealer and distributor incentives to push cement sales during the pandemic. CEO, Stephen Nthei, met with distributors in a tour of Nyandarau county to set a strategy and look to understand the challenges facing distributors and customers. "COVID-19 has had quite an impact in sales of cement. But we are seeing a bounce back as businesses start requesting for orders," Nthei said. "Dealers and distributors will get more in...

CIMERWA set to list shares on stock exchange

30 July 2020, Published under Cement News

Rwandan cement producer CIMERWA is set to list its shares on the Rwandan Stock Exchange on 3 August, the company said in a press statement. Each share is trading at RWF120 (US¢12.6), the government expects to raise a total of RWF41.3bn. The step is part of the government to sell its stake in the cement company, joining other shareholders that have expressed an interest in exiting from the business. The government owns a stake through Agaciro Development Fund, Rwanda Social Security Board, ...

East Africa: keeping the lights on

28 July 2020, Published under Cement News

With overcapacity and pricing pressures weighing in on the east African cement industry, cement producers are setting their sights on the return of strong demand by 2023. In the meantime, will they prepare by taking up a stronger position, possibly through industry consolidation? By Standard Investment Bank, Kenya. The Tanzanian cement industry is expected to see an improving landscape from 2021 The East African Community (EAC) recorded real GDP growth of 5.9 per cent in 2019, s...