Cement consumption in Kenya falls to 2.3Mt Jan-May 2018
Cement consumption in Kenya in the first five months of 2018 dipped to 2.3Mt compared to 2.5Mt in the same period in 2017 reports the Kenya National Bureau of Statistics (KNBS)...
Kenya
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Kenya's cement consumption falls to 1.4Mta in 2Q18
Cement demand in Kenya has fallen to 1.4Mta in the second quarter of the year, according to a report from the Kenya National Bureau of Statistics (KNBS). The agency attributes ...
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 O...
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 b...
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...
LafargeHolcim
LafargeHolcim has started its EUR100m+ investment in its Martres-Tolosane plant in Haute Garonne, southern France, with completion envisaged in 2020. This should enable the us...
Bamburi Cement completes construction of grinding plant
Kenya’s Bamburi Cement has announced that construction of its 0.9Mta grinding plant at Athi River, south of Nairobi, has been completed. The facility represents a KES4bn (US$39...
Samson wins Kenyan order for Eco Hoppers
Following a lengthy tender process S AMSON Materials Handling Ely/UK was successful in winning the contract to provide TradeMark East Africa/Kenya Port Authority with four Eco...
ARM Cement to relinquish Tanzania assets
ARM Cement will include KES854.6m (US$8.45m) of additional assets in Tanzania to sweeten the deal for buyers of the company’s non-cement business, according to The Citizen. ...
CDC changes leadership at ARM to halt the decline
British development financiers CDC have brought in Sophia Bianchi and Rohit Anand as new directors at ARM Cement, to replace replaced Ketso Gordhan and Pepe Meijer, after seein...