Kenya

359 posts · Page 17 of 36

Wilfred Murungi retires from ARM Cement

Wilfred Murungi retires from ARM Cement

Kenyan billionaire Wilfred Murungi has parted ways with ARM Cement Ltd, ending his 24 years of tenure as a director at the cement producer. "I wish to inform all shareholders th...

Former ARM CEO to remain as board member

Former ARM CEO to remain as board member

Pradeep Paunrana, chief executive of ARM Cement PLC (Kenya), said on Thursday he planned to quit his post as part of a changes at the Kenyan cement maker, but now states he will...

ARM seeks limestone mining permit

ARM seeks limestone mining permit

ARM is requesting government approval to mine limestone in five areas in Kilifi County, Kenya. The cement producer wants to mine the raw material over 24.931km 2 in the Chonyi, ...

ARM negotiating US$120m loan deal with IFC

ARM negotiating US$120m loan deal with IFC

ARM Cement Ltd of Kenya is trying to reach an agreement with the International Finance Corp about a capital injection of US$120m in loans, acccording to ARM's Chief Executive Of...

ARM asks for time after missing bond payment

ARM asks for time after missing bond payment

The Nairobi Securities Exchange-listed that the ARM Cement missed its June 2018 interest payment on a privately placed bond worth tens of millions of Kenyan shillings. The bond ...

Pokot Cement still waiting to get off the ground

Pokot Cement still waiting to get off the ground

The continued delay in establishing the Pokot Cement factory in Kenya, is infuriating local residents who expect to benefit from new job opprotunities. Today, prime land in the ...