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, join...
Kenya
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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 approva...
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 starte...
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 gro...
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, accord...
East African Portland Cement lose Athi River land decision
East African Portland Cement (EAPC) has lost to a government decision on ownership of a plot of land in Athi River, Kenya. State-owned Kenya Railways plan to construct a contain...
Kenya's cement consumption drops to 5.49Mt in 2018
Kenya's cement consumption dropped for the second year in a row to 5.49Mt n 2018, according to Kenya National Bureau of Statistics (KNBS). The decline in cement consumption come...
LafargeHolcim
LafargeHolcim’s Indian subsidiary ACC Ltd reported an 8.5 per cent rise in cement deliveries in 2018 to 28.4Mt and in the fourth quarter the advance was 8.7 per cent to 7.5Mt. C...
EAPC sees 6M loss widen in 2018
Kenyan cement producer East African Portland Cement reported a KES1.2bn (US$12m) loss for the half-year ending 31 December 2018, compared with a KES970m loss in the prior-year p...
ARM and EAPC risk sanctions due to royalty arrears
Athi River Mining (ARM) and East African Portland Cement (EAPC) are risking their operating licence following an audit report of companies in the cement sector that are in royal...