Kenya

359 posts · Page 10 of 36

EAPCC sees revenue down 6%

EAPCC sees revenue down 6%

Kenya’s East African Portland Cement (EAPCC) has posted a KES1.035bn (US$9.425m) net loss for the half-year ended on 31 December 2020. The loss was still a 34 per cent improveme...

EAPCC appoints new managing director

EAPCC appoints new managing director

Kenya’s East African Portland Cement Co (EAPCC) has appointed Daniel Kiprono as its new managing director, with effect from 8 February. Mr Kiprono replaces acting managing direc...

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...

National Cement starts supplying Rwandan market

National Cement starts supplying Rwandan market

National Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in Bu...

Kenya cement consumption sees 8M20 record high

Kenya cement consumption sees 8M20 record high

Kenya's cement consumption for the 8M20 has hit a decade-high of 4.37Mt, according to the Kenya National Bureau of Statistics. Consumption rose by 11 per cent form the 3.95Mt re...

EAPC restructuring enters final phase

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 ...

Bamburi Cement sees surge in profit before tax

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...

East Africa: keeping the lights on

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...