Zambian cement prices remain high
The prices of different brands of cement in Zambia are still ranging between ZMW135-145 (US$6-6.45) for a 50kg bag, over a month after Competition and Consumer Protection Commis...
East Africa
322 posts · Page 23 of 33
The pull towards Tanzania Premium
Despite a slight contraction in 2020, Tanzania’s cement consumption is estimated to remain stable or increase going forward owing to promising market fundamentals. However, over...
Twiga Cement to expand production capacity
Tanzania Portland Cement (Twiga Cement) has announced its intention to invest US$15m in an expansion and rehabilitation programme in 2021, according to the Tanzania Daily News. ...
Twiga Cement saw profits rise 25% in 2020
Tanzania Portland Cement (Twiga Cement) saw its pretax profit rise 25 per cent YoY to TZS107.42bn (US$46.3m) in 2020, against TZS85.87bn in the previous year. The company’s turn...
Kolos sees 17% profit drop in 2020
Mauritius-based Kolos saw its profits fall by 17.4 per cent to MUR145m (US$3.57) from MUR175.6m in 2019. The company’s income declined from MUR1.4bn to MUR1.3bn. The drop in pro...
Messebo Cement resumes operations
Ethiopia’s Messebo Cement has now resumed production after suspending operations for four months due to fighting in the area. Melaku Alebel, Minister of Trade, has confirmed tha...
Ethiopia's cement sector is on the brink of transition
This week the construction of the Lemi National Cement industrial Complex by East Africa Holdings (National Cement) and West China Cement Ltd in the Amhara region of Ethiopia wa...
New cement project set to begin in Ethiopia
Lemi National Cement Industrial Complex, a new private industrial park, is set to be built in the Amhara region of Ethiopia by private investors, according to The Swazi Observer...
EAPCC sees revenue down 6%
Kenya’s East African Portland Cement (EAPCC) has posted a KES1.035bn (US$9.425m) net loss for the half-year ended on 31 December 2020. The loss was still a 34 per cent improveme...
Mugher Cement Factory seeks production increase
Ethiopia’s Mugher Cement Factory will boost production to increase its share of the market, according to Takele Uma, minister of mines and petroleum. The minister stated that th...