Cement News tagged under: Uganda

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Bamburi Cement full-year profit rises

03 May 2022, Published under Cement News

Bamburi Cement Group reported a pre-tax profit of KES2.2bn (US$19m) in 2021, representing a 22.3 per cent YoY increase from KES1.8bn in 2020. The advance comes on the back of improved volumes and prices coupled with cost management, and also reflects continued economic recovery from impact of the COVID-19 pandemic.  Group turnover increased by 19 per cent from KES34.9bn to KES41.4bn, attributed to growth in retail and key account segment in both Kenya and Uganda. Operating Profit rose b...

East African Cement Co looks to DR Congo for increased cement sales

31 January 2022, Published under Cement News

East African Portland Cement Co (EAPCC) is looking to target cement sales in the Democratic Republic of Congo (DRC). “In the past 10 years, EAPCC has been missing from the infrastructural agenda due to competition among other challenges. Now we have come up with a five year strategic plan as we want to revamp our operations,” said Oliver M Kirubai, managing director at the EAPCC. “We are targeting the East African market, including the DRC. We are getting inquiries from Rwanda as well.” ...

Hima Cement suspends operation after fire kills three

17 January 2022, Published under Cement News

Operations at the Hima Cement factory (Holcim group) in Kasese district in western Uganda have been suspended following a fire that broke out at the premises on Saturday afternoon and left three staff members dead. Eight others were rushed to hospital in critical condition. "Our operations at the Hima plant have been stopped as we take stock of this incident and to ensure that the fire is fully contained. The health and safety of our employees and all stakeholders remains our number one p...

Ugandan exports to DR Congo up 30% in 2019-20

01 February 2021, Published under Cement News

Exports of cement from Uganda to the Democratic Republic of Congo (DRC) have increased by 27,000t in the last two years, according to Israel Tinkasimire, Hima Cement’s commercial director. The increase represents a 30 per cent expansion and has created an alternative market for Ugandan cement companies since Rwanda considerably reduced its intake of Ugandan cement in February 2019, when Kigali closed the country’s borders. Cement exports in the FY19-20 declined to US$59.9m compared to US$6...

Karamoja cement plant proposed by Ugandan presidential candidate

17 December 2020, Published under Cement News

The Forum for Democratic Change government, in Uganda, will construct a cement factory in Karamoja Sub-region if elected into power, Mr Patrick Amuriat Oboi, the party’s presidential candidate, has said.  Mr Amuriat, who is campaigning in the sub-region, said while Karamoja has a wealth of minerals, the current regime has deliberately refused to construct factories there and preferred to transport the raw minerals to other regions. "I will make sure my government constructs a lime...

Construction on new plant set to begin in Uganda

22 October 2020, Published under Cement News

Construction of the Ateker cement plant is due to begin in Moroto district, Uganda, within the next few weeks, according to the Moroto District Investment Agency. The cement facility will be part of the Karamoja Marble complex, which will also produce lime and marble. The unit is expected to be completed within 18 months of the commencement of construction, while its capacity is set to reach 1200tpd. David Ekou Ekanya, senior engineer at the Uganda Development Corporation (UDC), has said...

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...

East African prospects

16 June 2020, Published under Cement News

The 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...

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...

Hima Cement introduces RapidSet cement

29 November 2019, Published under Cement News

Uganda’s Hima Cement has introduced a new type of cement, RapidSet, to leverage its position in a competitive market, according to The Observer. The product has been designed exclusively for the precast concrete market due to its rapid hardening attributes. The new cement (42.5R strength) is already available on the domestic market in 30kg bags. “The construction and real estate market continue to grow tremendously, and this drives our commitment to innovate and provide solutions that enha...