Bamburi Cement to consider expansion despite macroeconomy
Bamburi Cement PLC ( Holcim group ) held its 72nd Annual General Meeting in Nairobi on 15 June, chaired by the Board and Management, which included Chairman Dr John Simba, Group...
East Africa
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Devki Group to boost clinker exports
National Cement (Devki Group) has announced that it will export up to 80 per cent of the clinker it produces when its new West Pokot plant in Kenya starts production. This will ...
Kolos Cement posts MUR48.5m loss
Mauritius-based Kolos Cement reported losses of MUR48.5m (US$1.06m) in the January-March 2023 quarter. The company’s turnover increased 9.4 per cent to MUR522m when compared wit...
Khayah Cement recovers with new VRM and dry mortar plant
Zimbabwe-based cement producer, Khayah Cement Ltd , has reported a 96 per cent YoY leap in sales volumes in the quarter ended 31 March 2023. According to the company, the strong...
New administrator for Savannah Cement announced
Harveen Gadhoke of Adili Associates has been appointed to turn around impoverished Savannah Cement with the view of recovering KES10bn (US$72.8m) owed to KCB and Absa Bank Kenya...
Kenyan clinker imports set for additional tax
Kenyan producers of clinker are being boosted with the proposal to introduce a new tax as the State moves in to protect local industry. The export and investment promotion levy ...
Heidelberg Materials' divestments and merger ripples
Heidelberg Materials has been looking to simplify its portfolio and reposition the company on a net zero path. This has seen divestment and merger ripples recently reach the cem...
Savannah Cement Group sources funds for new clinker plant
Savannah Clinker has received KES65bn (US$500m) to fund construction of a new clinker factory in Kenya. Savannah Clinker, an affiliate of Savannah Cement , said it raised the fu...
Sinoma signs US$600m industrial agreement with Sino-Ethiopian JV
China-based Sinoma International Engineering has signed a cooperation agreement with Sino-Ethiopian joint venture, National West Industrial Holding (NWIH) Building Materials Hol...
Bamburi Cement to open a new shale quarry
Kenya-based Bamburi Cement (part of Holcim )will be opening a new shale quarry in Kwale County to serve a new cement plant. The quarry is expected to supply around 20 per cent o...