Kenya

359 posts · Page 13 of 36

Turbulent times for Africa?

Turbulent times for Africa? Premium

For the cement sector, turmoil has probably come to a head in many parts of Africa. Cement demand has slowed or fallen back into the red in many African countries, while overcap...

Bamburi Cement 1H19 pretax profit declines

Bamburi Cement 1H19 pretax profit declines

Bamburi Cement reported a turnover of KES18.663bn (US$181.18m) in the1H19, up 0.6 per cent when compared with KES18.556bn in the 1H18. The Kenya-based cement producer’s pretax p...

Kenya's cement exports decline 65% in 1H19

Kenya's cement exports decline 65% in 1H19

Kenya’s domestic cement exports have recorded a 65.3 per cent decline in value to KES362.28m (US$3.5m) in the first six months of the year, against KES1.04bn in the 1H18, accord...

National Cement's acquisition of ARM blocked

National Cement's acquisition of ARM blocked

The acquisition of ARM Cement for US$50m by National Cement has hit a legal block. ARM's former CEO and leading shareholder, Pradeep Paunrana, has challenged the sale in the Hig...

Kenya reports decline in cement exports

Kenya reports decline in cement exports

Kenya has reportedly seen 9017t of cement exports in the first quarter of 2019, which represents a value of KES11m (US$106,940). This is a significant decline when compared to t...

Mombasa Cement orders mill from Gebr Pfeiffer

Mombasa Cement orders mill from Gebr Pfeiffer

Kenya’s Mombasa Cement has awarded Gebr Pfeiffer with a contract for an MVR 3750 C-4 mill for its second kiln line project, which is currently under construction at Vipingo, Ken...

Kenya’s cement conundrum

Kenya’s cement conundrum Premium

While recent times have seen the Kenya cement industry expand and new players arrive, the sector now faces a conundrum. While economic and construction forecasts indicate sound ...