East Africa

322 posts · Page 30 of 33

Tanga confident on improving market conditions

Tanga confident on improving market conditions

Tanga Cement has said it is upbeat that the market challenges faced last year are coming to an end thanks to a growing domestic economy and the launch of mega-infrastructure pro...

Lafarge Zimbabwe returns to full-year profit

Lafarge Zimbabwe returns to full-year profit

Lafarge Zimbabwe returned to full-year profit for the 12 months ending December 2016 as volumes edged ahead and cost savings in operations, plant maintenance and "better" invent...

Kenya: ARM will look to improve margins

Kenya: ARM will look to improve margins

ARM Cement posted a pretax loss of KES473.5m (US$4.5 m) in the first six months, which the firm attributed to unrealised foreign exchange losses associated with borrowing for it...

Double-digit growth in Kenyan demand and output

Double-digit growth in Kenyan demand and output

Kenya’s National Bureau of Statistics Data shows cement production stood at 5.88Mt in 2014, up 16.27 per cent from the 5.05Mt recorded a year earlier. Cement consumption in 2014...

National Cement plans expansion into Uganda

National Cement plans expansion into Uganda

National Cement, which currently operates a grinding plant in Kenya, plans to invest KES18.5bn (US$199m) in a new factory in Uganda, according to local news reports. The new pla...

ARM posts flat full-year pretax profit

ARM posts flat full-year pretax profit

Kenya's ARM Cement posted a pretax profit of KES2.02bn (US$22m) for 2014, up one per cent YoY. The cement maker, which also has operations in Tanzania, said its revenue for the ...