Karsan Ramji signs geothermal power deal
Kenya-based Karsan Ramji and Sons , which produces Ndovu Cement, has signed a 20-year deal with the country’s state-owned geothermal developer Geothermal Development Company (GD...
East Africa
322 posts · Page 11 of 33
Lemi National Cement expected to see inauguration in March 2024
Construction of Lemi National Cement Factory in Ethiopia is 70 per cent completed and the plant is expected to be inaugurated in March 2024. Owned by a joint venture of West Int...
Zimbabwe import licence scheme drives down prices
On 10 November 2023 CemNet reported on how the Zimbabwean government has issued cement import licences to ensure supply while two of the country’s leading cement producers dealt...
Aggregate Industries appoints group strategy and commercial growth director
Aggregate Industries , part of Holcim , has appointed Kaziwe Kaulule as its new group strategy and commercial growth director. With a career spanning over 19 years with the Holc...
PPC reports 21% advance in revenue in 1HFY24
PPC has posted revenue of ZAR6172m (US$335.2m) in the 1HFY24 (ended 30 September 2023), up 20.9 per cent YoY. EBITDA advanced from ZAR728m in the 1HFY23 to ZAR1069m in the same ...
PPC sells Cimwera to National Cement Holding Ltd for US$42.5m
PPC Ltd has completed the sale of its 51 per cent stake in Rwandan cement producer Cimerwa to National Cement Holding Ltd for a cash consideration of US$42.5m. The deal is a sig...
Holcim exits Uganda and Tanzania
Holcim has signed agreements to divest its businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd , its local subsidiary in Uganda, to the Sarrai Group, for an...
Zimbabwe drives PPC's positive outlook
South Africa’s PPC has said it expects positive earnings for the six months ended 30 September, 2023. According to news service Pindula, the company has forecast a growth rate o...
Zimbabwe issues import licences to meet demand
The Zimbabwean government has issued cement import licences to ensure supply while two of the country’s leading cement producers deal with production issues. According to ZimEye...
Bamburi Cement calls for collaborative approach on decarbonisation
Kenya’s Bamburi Cement has issued a rallying call to the country’s construction sector to encourage decarbonisation. According to Capital Business, the company is in talks with ...