East Africa

322 posts · Page 24 of 33

Cimerwa reports revenue increase in FY19-20

Cimerwa reports revenue increase in FY19-20

Rwanda’s Cimerwa has seen its revenue increase one per cent YoY to RWF63bn (US$63.79m) in the financial year ended September 2020. Profit after tax reached RWF1.9bn, while EBITD...

Tanzania reports cement shortage

Tanzania reports cement shortage

Tanzania’s Ministry of Trade and Industry has attributed the country’s recent high cement prices on non-production by four cement manufacturers in the country that had gone into...

Lafarge Zimbabwe records improvement in 3Q20

Lafarge Zimbabwe records improvement in 3Q20

Lafarge Cement Zimbabwe has stated that the gradual easing of COVID-19 lockdown restrictions and a general improvement in the business environment has supported a rebound for th...

Tanga Cement continues plans for Arusha plant

Tanga Cement continues plans for Arusha plant

Tanga Cement has said talks with the government regarding its new cement grinding plant in Arusha, Tanzania, are still in progress. The factory will be able to produce between 5...

Tanzanian cement producers highlight price hikes

Tanzanian cement producers highlight price hikes

Dangote Cement in Tanzania apologised to the government for the failure to communicate to the public on the temporary shutdown of its plant for maintenance, which caused price h...

EAPCC reports net loss for FY19-20

EAPCC reports net loss for FY19-20

Kenya-based East African Portland Cement Co (EAPCC) has reported a net loss of KES2.77bn (US$25.46m) for the year ending 30 June 2020, an improvement compared to the KES3.36bn l...