ARM and EAPC risk sanctions due to royalty arrears
Athi River Mining (ARM) and East African Portland Cement (EAPC) are risking their operating licence following an audit report of companies in the cement sector that are in royal...
Athi River Mining
15 posts · Page 1 of 2
Kigali Cement plant to go under auction
Kigali Cement plant will again go under the auction hammer tomorrow, Tuesday, when owner Athi River Mining Cement Ltd (ARM) looks to see the plant meet its valuation. Located in...
Wilfred Murungi retires from ARM Cement
Kenyan billionaire Wilfred Murungi has parted ways with ARM Cement Ltd, ending his 24 years of tenure as a director at the cement producer. "I wish to inform all shareholders th...
Kenya's cement consumption falls to 1.4Mta in 2Q18
Cement demand in Kenya has fallen to 1.4Mta in the second quarter of the year, according to a report from the Kenya National Bureau of Statistics (KNBS). The agency attributes t...
ARM acquires full control of Rwandan producer
ARM Cement has completed the acquisition of Kigali Cement, taking full control of the Rwandan producer.
National Cement to open new 1.65Mta Nairobi works
National Cement announced plans to open a new 1.65Mta cement works in the outskirts of Nairobi, Kenya.
Increased sales boost ARM Cement's 9M12 pretax profit, Kenya
Kenya’s second largest cement producer ARM Cement (formerly Athi River Mining) said in the first nine months pretax profit rose to KES1.2bn (US$14.1m) from KES296m, driven prima...
Tanzanian production costs seen coming down, competition to increase
Cement production costs in Tanzania are expected to decline in the near future due to falling energy costs and improved supply. A study entitled “Equity Research Cement Sector L...
Athi River Mining pretax profit rises 24%
Kenya’s Athi River Mining posted a 24 per cent rise in first-half pretax profit thanks to increased cement sales.
Athi River Mining posts 17% first-quarter pretax profit
Kenya's Athi River Mining posted a 17 per cent rise in first-quarter net profit, helped by higher production and growing demand. Net income increased to KES258.2m (US$3.1m) in t...