Kenya: Dangote seeks limestone on east coast
Dangote Group has expressed interest in prospecting for limestone in Malindi, 120km northeast of Mombasa. The group plans to explore limestone deposits in Kwachocha, Kijiwetanga...
Kenya
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Kenya: Savannah Cement to raise capacity to 2.4Mta
Savannah Cement has unveiled plans to increase its Athi River plant to 2.4Mta, almost doubling its current 1.5Mta capacity, Business Daily Africa reports.
Kenya: East African Portland Cement to lay off two-thirds of workforce
In a restructuring plan unveiled this week, East African Portland Cement (EAPC) has said it will lay off more than 1000 of its more than 1500 workers, reducing the firm’s headco...
Kenya: Bamburi Cement and Geocycle form partnership
Bamburi Cement (LafargeHolcim Group) and a global waste management firm have signed an agreement for alternative fuels.
Kenya: EAPCC profits down 42%
East African Portland Cement Company (EAPCC) reported a 42 per cent drop in full-year net profit as a result of increased operating costs.
Kenya: East Africa Portland Cement sees 2015 profits fall 42%
East Africa Portland Cement Company (EAPCC) has announced that its profits for the financial year ending in June 2016 were KES4.2bn (US$41m), having fallen by 42.1 per cent in c...
Kenya: CDC completes purchase of 40% stake in ARM Cement
ARM Cement has completed the sale of 40 per cent of its shares to CDC Group, a UK-owned development corporation, for KES14.1bn (US$139m), Capital Business reports. The investmen...
Dangote
Despite a 15 per cent increase in sales in Nigeria in July and August this year, Dangote Cement has been forced to increase its cement prices in the country due to escalating co...
Kenya: CDC Group appoints two directors to ARM's board of directors
UK’s sovereign wealth fund CDC Group has appointed two directors to the board of Kenyan cement manufacturer ARM Cement Ltd in which it recently acquired a 40.6 per cent stake fo...
Kenya: East African Portland Cement MD refused to reinstate sacked staff
Simon Peter ole Nkeri, managing director of East Portland Cement Co, is being sued for contempt of court by five former employees of the company, report the Star (Kenya).