EAPC restructuring enters final phase
The restructuring of East African Portland Cement Co (EAPC)’s human resources in Kenya is entering its final phase with 270 employees seeing their permanent contracts converted ...
East Africa
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Bamburi Cement sees surge in profit before tax
Kenya’s Bamburi Cement has announced a 15 per cent YoY decline in turnover to KES16.23bn (US$150m) for the first half of 2020, against KES18.66bn in the 1H19. However, the compa...
Cement prices rise in Malawi
Cement prices in Malawi have reportedly increased by 33 per cent in the past two weeks to MWK8000 (US$10.79) per 50kg bag, with the hike attributed to a shortage, according to T...
Lafarge Cement Zimbabwe ordered to shut plant by EMA
The Environmental Management Agency ordered Lafarge Cement Zimbabwe (LafargeHolcim group) to close its 0.45Mta Manresa plant last week, because of abnormal dust discharges. Lafa...
Twiga Cement to increase cement capacity in Tanzania
Twiga Cement's Head of Commercial Cluster East, South and Central Africa, Yves Mataigne, says the company will invest TZS34bn (US$14.6m) this year and TZS33bn (US$14.1m) in 2021...
Dangote to test US$90 power plant for Mtwara cement factory
Dangote Cement will test run a new US$90m gas-fired power plant in Mtwara, Tanzania, later this month. The plant has been delayed with the outbreak of COVID-19, but it will supp...
East African Portland Cement meets distributors amidst falling demand
The East African Portland Cement Company (EAPCC) of Kenya is enhancing dealer and distributor incentives to push cement sales during the pandemic. CEO, Stephen Nthei, met with d...
CIMERWA set to list shares on stock exchange
Rwandan cement producer CIMERWA is set to list its shares on the Rwandan Stock Exchange on 3 August, the company said in a press statement. Each share is trading at RWF120 (US¢1...
East Africa: keeping the lights on
With overcapacity and pricing pressures weighing in on the east African cement industry, cement producers are setting their sights on the return of strong demand by 2023. In the...
Dangote's 1H20 results see 2% revenue growth
Dangote Cement reported group revenue up two per cent to NGN476.9bn (US$1.23bn) in the 1H20. Group EBITDA rose to NGN218.1bn and pan-African EBITDA increased by 31.6 per cent to...