Cement News tagged under: Hima Cement

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Hima Cement's Kasese mining right appeal is dismissed

17 June 2020, Published under Cement News

Uganda-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...

Bamburi sees 37% drop in net profit in 2019

11 May 2020, Published under Cement News

Kenya-based Bamburi Cement has posted a 37 per cent YoY fall in net profit in 2019. Net profit declined to KES359m (US$3.39m) from KES572m in 2018. The company attributed the decrease in profit to reduced domestic cement consumption, low prices and an inability to access the Rwandan market due to the closure of the border with Uganda, denying its Uganda subsidiary Hima Cement access to the Rwandan market early last year. Bamburi’s revenues slipped by 1.2 per cent to KES36.79bn in 2019 fro...

Rwanda Bureau of Standards rejects Hima Cement imports

17 April 2019, Published under Cement News

Rwanda Bureau of Standards (RBS) returned cement imports into Rwanda by Uganda's Hima Cement Ltd (LafargeHolcim group) last month after they failed to meet the country's import quality standards. The cement that was transported in three 30t trucks was returned to Uganda, confirmed Uganda's government paper, New Vision. RBS Director General, Raymond Murenzi, clarified that the goods were subjected to routine standards tests which they failed to meet. The cement packages were found to weigh...

Hima Cement to return illegally-acquired land in Tororo

08 April 2019, Published under Cement News

Hima Cement Ltd has agreed to surrender back over 30 acres of land it illegally acquired in Mwello, Tororo, Uganda, according to The Observer. The company’s Managing Director, Nicolas George, said the company will ensure the residents will have their land returned. Earlier this week, Mwello residents petitioned the Justice Catherine Bamugemereire-led Land Probe Commission, accusing Hima of coercing them through its agents, Optima Mines Consultancy Ltd, into selling their land at a cheap pr...

Investment in Ugandan cement plant at risk due to land acquisition challenges

05 April 2019, Published under Cement News

Uganda is at risk of losing a US$250m cement plant investment to Kenya due to challenges associated with land acquisition in the country, according to Hima Cement’s Managing Director, Nicolas George. Mr George said Hima Cement’s parent company LafargeHolcim took a decision to invest US$250m in Uganda, Kenya, Tanzania, Zambia and Zimbabwe. “We have been wondering where to invest money and Uganda was our number one destination but it is likely to lose the opportunity to Kenya where it is eas...

LafargeHolcim

04 February 2019, Published under Cement News

The sale of the 80.6 per cent stake in Holcim Indonesia to Semen Indonesia, formerly known as Semen Gresik, has been completed, taking Semen Indonesia’s share from 35.7 per cent of the national capacity to 49.5 per cent. The deal, valued at around US$1750m, adds four cement works, 33 ready-mixed concrete plants and two quarries to Semen Indonesia’s production base. Semen Indonesia also has a sizeable cement business in Vietnam. The completion of this deal suggests that a disposal of the Phil...

Hima Cement looks at expansion in Rwanda

29 January 2019, Published under Cement News

Hima Cement (LafargeHolcim) of Uganda is considering expanding its presence in Rwanda with a sister plant, says Jumoke Adegunle, the company's general manager. The company currently has offices in the Nyacyonga-Jabana sector, Gasabo district, where it also has a warehouse and a ready-mix plant. "Hima cement has been in Rwanda for about 20 years now supplying cement and in the last two years we came into Rwanda more strongly to be a corporate citizens. We pay taxes and we are here in Rwand...

Dispute over land allocation for Moroto cement plant

17 January 2019, Published under Cement News

The Moroto District local government in Uganda has offered more than 228.1ha of land for a cement factory to be built. However, local residents dispute the amount of land that the council owns. The decision to allocate the land to Uganda Development Cooperation-UDC and its partners, TSAVO Engineers and Savanna Mines, was reached during the district council meeting held in November 2018. The Ugandan Radio Network (URN) has discovered records to indicate that the district owns only 89.43ha of...

Cement prices fall 25% in Uganda

29 November 2018, Published under Cement News

Cement prices in Uganda have fallen 25 per cent in the last six months, dropping to UGX28,000/50kg bag (US$7.5/50kg bag) from UGX38,000/50kg bag. The drop in prices follows the recent boost in production capacity in the country, with a number of plant expansions and greenfield projects commissioned within the past year. As a result, the country's total cement capacity stands at 7Mta compared to a 2.4Mt demand. However, the country's largest producers, Hima and Tororo, have stated that pr...

New Ugandan power supply will feed extra cement capacity

21 August 2018, Published under Cement News

As new cement factories start-up in Tororo, power distributor Umeme is making investments in anticipation of the projected increase in power demand. The existing nearby substations of Tororo Rock, Nagongera and Mbale are currently unable to take on the expected load, hence the need for a new substation. 

 Umeme, therefore, has spent up to UGX14bn (US$3.88m) setting up a new substation at Nyakesi, an investment that is tipped to boost industrialisation in the area through reliable power sup...