Kenya

354 posts · Page 26 of 36

ARM expects new clinker line to boost margins

ARM expects new clinker line to boost margins

Kenya's ARM Cement expects profitability to improve now it produces its own clinker for its east African cement plants, its managing director told Reuters on Friday. The compa...

EAPCC appoints new chief operating officer

EAPCC appoints new chief operating officer

Kenya-based East African Portland Cement Co (EAPCC) has appointed Albert Sigei as chief operating officer, effective 24 August 2015. Sigei will be responsible for production o...

Bamburi first-half pretax profit jumps 94%

Bamburi first-half pretax profit jumps 94%

Bamburi Cement reported a 94 per cent jump in first-half pretax profit from a year earlier to KES4.5bn (US$43m). According to Reuters, the company attributed the strong perfor...

ARM Cement ratings affirmed, Kenya

ARM Cement ratings affirmed, Kenya

Global Credit Ratings has today affirmed the national scale ratings assigned to Kenyan cement producer ARM Cement Ltd of A(KE) and A1(KE) in the long term and short term respec...

Savannah welcomes new presidential directive

Savannah welcomes new presidential directive

Kenya's Savannah Cement has welcomed a presidential directive, seeking to ensure that public institutions source 40 per cent of their requirements from local manufacturers, say...

Double-digit growth in Kenyan demand and output

Double-digit growth in Kenyan demand and output

Kenya’s National Bureau of Statistics Data shows cement production stood at 5.88Mt in 2014, up 16.27 per cent from the 5.05Mt recorded a year earlier. Cement consumption in 201...