East Africa

322 posts · Page 28 of 33

 PPC: Zimbabwe cement sector needs support

PPC: Zimbabwe cement sector needs support

Zimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity to...

East African prospects

East African prospects Premium

The east African cement markets of Uganda, Rwanda, Malawi and Burundi have continued to experience rising levels of cement consumption over recent years with investments in infr...

CIMERWA to list on stock market

CIMERWA to list on stock market

CIMERWA has said that it is currently in the process of listing its shares on the Rwanda Stock Exchange (RSE). Mr Sigei, CEO, said that the transaction is currently in the hands...

 CIMERWA appoints new CEO

CIMERWA appoints new CEO

Rwandan cement company, CIMERWA, recently appointed Albert Kipkemoi Sigei as its new CEO, succeeding Bheki Mthembu, whose term ended. Mr Sigei, with more than 17 years of experi...

Abay Cement plant now 60% complete

Abay Cement plant now 60% complete

The construction of Abay Cement Factory in Amhara, Ethiopia, is now 60 per cent complete and will commence operations next year, according to Samuel Halala, director of the Ethi...

Bamburi sees 37% drop in net profit in 2019

Bamburi sees 37% drop in net profit in 2019

Kenya-based Bamburi Cement has posted a 37 per cent YoY fall in net profit in 2019. Net profit declined to KES359m (US$3.39m) from KES572m in 2018. The company attributed the de...