Kenya

359 posts · Page 29 of 36

Kenya: National Cement to build 15MW power plant

Kenya: National Cement to build 15MW power plant

Kenya’s National Cement, part of the Devki Group, plans to build a KES1.7bn (US$19m) coal-fired power plant to serve its clinker plant and limestone mining operation in Kajiado,...

Kenya: EAPCC swings to full-year loss

Kenya: EAPCC swings to full-year loss

East African Portland Cement posted a net loss of KES386m (US$4.32m) for the year ended June 30, due to price competition, high staff costs and the weakening shilling. The Kenya...

Savannah lines up new capacity investments

Savannah lines up new capacity investments

Savannah Cement, one of Kenya's newest market entrants, is set to build two new plants as it nears exhaustion of its current capacity, managing director, Ronald Ndegwa, said. Th...

Bamburi posts first-half pretax profit drop

Bamburi posts first-half pretax profit drop

Bamburi Cement posted a 28 per cent drop in first-half pretax profit to KES2.3bn (US$26.2m) from KES3.2bn a year earlier. The Lafarge group company attributed the decline to ris...

National Cement Co to receive IFC cash injection

National Cement Co to receive IFC cash injection

Kenya-based National Cement Co Ltd (NCCL), a member of the Devki Group of Companies, is to receive a KES5.9m (US$70m) cash injection from the International Finance Corp (IFC) to...