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 Hi...
Kenya
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Kenya's Savannah Cement plans KES5bn grinding plant in major expansion plan
Savannah Cement is currently undertaken a KES5bn expansion of its grinding plant at Kitengela, Kenya, according to the company’s MD, Ronald Ndegwa. The project sees the constru...
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 t...
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, Ke...
Kenya’s cement conundrum
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...
EAPCC appoints Stephen Kyalo Nthei as acting MD
East African Portland Cement Co (EAPCC) has appointed Stephen Kyalo Nthei as acting managing director with effect from 20 May 2019. Mr Nthei, a Certified Public Accountant, j...
ARM Cement's Kenyan assets sold to National Cement
The Kenyan assets of ARM Cement have been sold to National Cement Co for US$50m, according to a statement by its administrators. The transaction is subject to regulatory approv...
ARM Cement expected to sell shares in Mafikeng Cement
ARM Cement is expected to sell its 70 per cent stake in South African subsidiary Mafikeng Cement (Pty) Ltd. PriceWaterhouseCoopers, which is administering ARM Cement, has start...
Simba Cement plans construction of new plant
After receiving approval to acquire Cemtech Ltd , Tanzania’s Simba Cement has announced plans to construct the Ortum Cement project that Cemtech had struggled to get off the g...
Simba Cement set to acquire Kenyan cement company
Simba Cement, a subsidiary of Devki Group, has received approval from the Competition Authority of Kenya for the 100 per cent acquisition of West Pokot-based Cemtech Ltd, accor...