Egypt doubles value of cement exports in 9M17
Egypt’s cement exports rose 88 per cent during the first nine months of 2017, reaching around US$72m compared to US$38m last year, its building industries export council said o...
Kenya
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Kenyan cement factories cut production back to 4.2Mt
Cement plants in Kenya have reduced production by seven per cent to 4.2Mt in the year to August, down from 4.5Mt. The cutbacks came amid decreases in cement consumption, data f...
Bamburi Cement appoints new interim CEO
Bamburi Cement of Kenya has appointed chief financial officer Eric Kironde as its interim CEO following the departure of Bruno Pescheux. Pescheux stepped down from the role at...
LafargeHolcim
LafargeHolcim’s subsidiary Lafarge Malaysia has reported a first-half turnover decline of 18 per cent to MYR1090m (EUR214m/US$259.7m) and there was a net loss of MYR92.02m (EUR...
Ndeta set to gain controlling stake in Savannah Cement
Businessman Benson Ndeta is set to take controlling stake of Kenya-based Savannah Cement after he gained regulatory approval for a deal that would increase his interest in the ...
ARM suffers heavy half-year losses
Kenya's ARM Cement Ltd announced a half-year 428.53 per cent increase in losses to KES1.41bn (US$13.5m) from KES266.78m during the same period last year. The firm's revenue f...
Bamburi posts decline in half-year profit
Bamburi Cement posted a 36 per cent decline in its half-year net profit to KES1.8bn (US$17.4m) compared to a KES2.8bn recorded in the first six months of 2016. Turnover stood...
East African Portland Cement appoints head of HR
East African Portland Cement Company (EAPCC) has appointed Janerose Karanja as its head of Human Resources. Ms Karanja joins the company from the parent Ministry of Industry, T...
Kenyan consumption contracts in 5M17
Cement demand in Kenya over the Jan-May 2017 period fell to 2.5Mt compared to 2.5Mt a year earlier, according to the latest data from the Kenya National Bureau of Statistics (K...
Samson receives order for four Eco Hoppers from the Port of Mombasa
Samson Materials Handling Ltd has received an order from TradeMark East Africa for four Eco Hoppers to be installed at the Port of Mombasa in Kenya. As they will be employed to...