Savannah Cement seeks KES40bn to fund new clinker plant
Savannah Cement , Kenya, wants to raise KES39.7bn (US$350m) via a bond on the London Stock Exchange to build a clinker production plant. The firm has been relying on import...
Africa
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Carthage Cement turnover rises by 29 per cent in 2021
Carthage Cement , Tunisia, finished 2021 with a total turnover of TND325m (US$112.9m), up 29 per cent compared to 2020 and 30 per cent compared to 2019. This performance...
Hima Cement suspends operation after fire kills three
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 aftern...
Savannah Cement has overcome its clinker shortage difficulties
Savannah Cement managers have denied that the company is facing financial problems, saying a shortage of clinker had slowed down production for the Kenyan cement producer in t...
Ethiopian plants warned to fast-track outstanding deliveries
Ethiopia's Minister of Mines and Petroleum, Takele Uma, said that the Ministry has cautioned cement factories to use their full potential and fast-track outstanding deliveri...
Natal Portland Cement secures five-year loan
As part of Natal Portland Cement’s (NPC) strategy to enhance its capital structure and investments opportunities, company CEO and Chairman, Matias Cardell has announced the a...
Lafarge Cement Zimbabwe Ltd appoint new CEO
Lafarge Cement Zimbabwe Ltd (Holcim group) has appointed Mr Geoffrey Ndugwa as the new CEO. Prior to his appointment, Mr Ndugwa was the CEO of Lafarge Malawi between Decembe...
Cemtech Middle East & Africa 2022
Virtual conference: Cemtech Middle East & Africa Date: 21-23 February 2022 Free registration: https://us02web.zoom.us/webinar/register/WN_L5yZC6zZRxiWoZ6oqw8AGA ...
Cameroon minister accuses cement producers of price-fixing
In a correspondence sent to the managing directors of various cement producing firms on 9 December 2021, Minister of Commerce, Luc Magloire Mbarga Atangana, denounced an illega...
Lafarge Zambia to revert name to Chilanga Cement
Lafarge Zambia (Holcim group) is set to change its name and revert to ‘Chilanga Cement Plc’ following a share sale and purchase agreement signed and executed with Huaxin (Haina...