Rwandan quarry licence paves way for new clinker plant
The government of Rwanda has signed a 15-year industrial quarry licence agreement with CIMERWA to boost cement production in the country. At the signing event, the government wa...
Cimerwa
36 posts · Page 1 of 4
CIMERWA Plc acquires Prime Cement Ltd
Cement producer CIMERWA Plc has completed the purchase of Prime Cement Ltd. CIMERWA sent a notice to the Rwanda Stock Exchange (RSE) informing the regulator that it had finalise...
PPC concludes 51% CIMERWA stake disposal
PPC has concluded the sale of its 51 per cent stake in CIMERWA , Rwanda. The South Africa-based cement producer sold its shareholding for US$42.5m to National Cement Holding Ltd...
PPC seeking buyers for CIMERWA stake
South Africa-based PPC is looking to sell its shareholding in Rwandan cement producer CIMERWA . “PPC is selling its 51 per cent stake in CIMERWA and the government will discuss ...
CIMERWA posts end of year revenue of RWF92.1bn
CIMERWA Plc 's year-end financial results recorded revenue of RWF92.1bn (US$84.6m) in 2022, 37 per cent above the previous year. “This is mainly attributed to the optimisation o...
Reducing methane emissions
As the cement industry prepares to meet its sustainability objectives, this month’s Technical Forum focusses on the potential of methane as an alternative to coal in firing kiln...
CIMERWA posts a 7% revenue increase
Rwanda's CIMERWA has registered an after-tax profit of RWF4.1bn (US$3.95m) for the year ended September 2021, up 115.8 per cent compared to RWF1.9bn in the previous year. Revenu...
Scaling up for growth Premium
Cement producers do not just manufacture cement, they need to sell it too. So what happens when a new equity partner invests in the company with a plan to increase factory outpu...
Cimerwa announces 14% rise in revenue
Rwanda’s Cimerwa has announced a 14 per cent YoY increase in revenue to RWF30bn (US$30.07m) for the first half of the financial year, ended 31 March 2021. The company’s profit a...
Cimerwa reports revenue increase in FY19-20
Rwanda’s Cimerwa has seen its revenue increase one per cent YoY to RWF63bn (US$63.79m) in the financial year ended September 2020. Profit after tax reached RWF1.9bn, while EBITD...