Rwanda's cement shortage sparked by classroom building
Cimerwa is seeing a sharp rise in cement prices in Rwanda, following a cement shortage that has been driven by the Ministry of Education's programme for 20,000 classrooms to be ...
Cimerwa
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CIMERWA to list on stock market
CIMERWA has said that it is currently in the process of listing its shares on the Rwanda Stock Exchange (RSE). Mr Sigei, CEO, said that the transaction is currently in the hands...
CIMERWA appoints new CEO
Rwandan cement company, CIMERWA, recently appointed Albert Kipkemoi Sigei as its new CEO, succeeding Bheki Mthembu, whose term ended. Mr Sigei, with more than 17 years of experi...
CIMERWA reports 20% sales increase
Rwanda-based CIMERWA posted a 20 per cent YoY increase in its sales volumes and a 28 per cent growth in revenues to RWF514m (US$560,342) in the 9M2019, attributed to the mainten...
PPC
South Africa’s PPC has failed to submit a bid for the Rwandan government’s 46 per cent stake in cement producer Cimerwa, forcing the government to seek an alternative investor. ...
Government extends deadline for Cimerwa stake
The Government of Rwanda has moved the deadline to sell its stake in Cimerwa from 5 to 19 July, with the extension providing a chance for more individual investors and companies...
PPC
PPC, the majority shareholder in Cimerwa cement, is considering buying the Rwandan government’s stake in the company. PPC has held a 51 per cent share in Cimerwa since 2012. The...
PPC to consider buying remaining stake in Cimerwa
Cimerwa's main shareholder, Pretoria Portland Cement Co (PPC), is considering buying the shares in Cimerwa that are currently held by the Rwandan government and minority shareho...
Rwandan government to divest Cimerwa stake
The state of Rwanda has put up its 49 per cent stake in Cimerwa up for sale, according to an announcement made by the country’s Prime Minister, Edouard Ngirente on 9 March 2019....
Cimerwa hires consultants to improve house construction projects
Rwanda's largest cement manufacturer, Cimerwa, has hired three construction consultants with an aim to improve standards in the property market. The consultants offer free advic...