East Africa

322 posts · Page 31 of 33

East Africa rises

East Africa rises Premium

East Africa’s cement demand continues to rise as infrastructure and housing needs provide the basis for future consumption. While cement capacity investments continue, a shift i...

GCR affirms ARM Cement's ratings, outlook Stable

GCR affirms ARM Cement's ratings, outlook Stable

Global Credit Ratings (GCR) has today affirmed the national scale ratings assigned to ARM Cement Ltd of A(KE) and A1(KE) in the long term and short term respectively. The outloo...

Plans for new Kenyan plant in the pipeline

Plans for new Kenyan plant in the pipeline

Construction materials supplier Karsan Ramji & Sons plan to set up a new cement production facility in Kenya. The KES426m (US$4.9m) plant is expected to produce an average of 70...

Turkish firm eyes Uganda investment

Turkish firm eyes Uganda investment

Turkish-owned tourism and trading company, Kolin Construction, has expressed interest in Uganda’s cement manufacturing industry, according to local press reports. East African B...

 ARM expects new capacity to boost earnings

ARM expects new capacity to boost earnings

Kenya’s ARM Cement said it expects earnings to increase at a faster pace this year thanks to its new capacity in Tanzania. In an interview with Reuters, ARM Cement’s chief execu...