PPC Zimbabwe managing director steps down
PPC Zimbabwe Ltd has announced the resignation of its managing director, Kelibone Masiyane. Mr Masiyane joined the company in 1994 as a trainee electrical engineer at the Collee...
East Africa
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Zimbabwe boosts PPC sales growth
PPC has recorded a three per cent advance in sales volumes in the five months to August 2023, compared to the same period in 2022, reports The Herald Zimbabwe. According to the ...
Bamburi sees pretax profit quadruple
Kenya-based Bamburi Cement Ltd , owned by Holcim, reported a 1H23 turnover of KES22,260m (US$153.5m), up 11 per cent when compared with the 1H22. Profit before tax surged to KES...
Judge blocks acquisition of Tanga Cement in Tanzania
The proposed acquisition of AfriSam subsidiary, Tanga Cement , by Heidelberg Material 's Scancem International DA has hit a snag as a tribunal judge ruled a decision to accept t...
Forex shortage leads to cement scarcity in Malawi
Malawi’s Minister of Finance and Economic Planning, Sosten Gwengwe, has attributed the scarcity of cement in the country to a shortage of foreign currency. He was responding to ...
Rwanda commissions new cement plant
Rwandan President, Paul Kagame, inaugurated on 3 August 2023 the AnJia Cement Factory, a Chinese-funded cement plant Muhanga Industrial park, Southern Province, Rwanda. The AnJi...
East Africa Portland Cement is ready to tap domestic market
East Africa Portland Cement Co Plc and its Athi-River plant is set to expand its clinker production to serve the domestic market after the government imposed a 17 per cent duty ...
Uganda’s upturn awaits Premium
Despite Uganda’s cement market remaining flat in FY21-22, expectations are for a revival in demand growth with the introduction of new infrastructure and housing plans. The coun...
InterCement sells African businesses to Huaxin Cement
InterCement Participações S.A . has reached an agreement with Huaxin Cement Co Ltd regarding the sale of InterCement’s businesses in Mozambique and South Africa. Following the a...
Derba Cement to expand capacity to 15,000tpd
Ethiopia-based Derba Midroc Cement , part of the Midroc Ethiopia plc , plans to expand its cement capacity to double its daily production to 15,000tpd with a new plant in Mughar...