The dangers of debt Premium
In this month’s Technical Forum, Dr Michael Clark considers how the history of the Kenyan cement industry can serve as a case study for some of the dos and don’ts of the sector....
Kenya
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Bamburi Cement donates KES15.6m in the fight against COVID-19
Bamburi Cement (LafargeHoldim group) has donated KES15.6m (US$145,600) in the fight against coronavirus to the Kenyan government's COVID-19 Emergency Response Fund. KES5m of the...
African cement escapes the pandemic; structural issues remain
Cemtech's latest webinar discussed Africa's cement sector and the impact of COVID-19 on the continent. Tony Hadley of consultancy THAA, and Erkam Kocakerim, CEO of Limak Afrika ...
East African Portland Cement Co offers early retirement
To avoid total collapse, Kenya’s East African Portland Cement Co (EAPCC) is offering voluntary early retirement for its 800 employees, reports The East African. EAPCC Acting Man...
Huaxin Cement acquires ARM Cement's Tanzanian unit
The Tanzanian unit of Kenya's ARM Cement has been sold to China's Huaxin Cement, according to its administrator PricewaterhouseCoopers. Huaxin is expected to invest US$116m into...
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...
Dal Machinery & Design deliver three kiln shells to Twiga Cement
Dal Machinery & Design (Dal Engineering Group) has delivered three rotary kiln shells for Tanzania Portland Cement Public Ltd (Twiga), Tanzania. The kiln shells were manufacture...
Kenya's cement consumption recovers in January
Kenyan cement consumption reached a 17-month-high in January 2020, according to the Kenya National Bureau of Statistics (KNBS). Demand hit 528,904t during the month and marked t...
Devki Group's Narendra Raval donates KES100m for oxygen
Kenyan cement and steel businessman, Narendra Raval, CEO of the Devki Group, has donated KES100m to supply oxygen to government hospitals in the fight against COVID-19. The COVI...
Kenyan producers oppose National Cement's call for clinker import duty rise
National Cement Co of Kenya has struck out on its own in asking for an increase on clinker import duty from 10 to 25 per cent. Bamburi Cement, East Africa Portland Cement VCO an...