Plans for new Kenyan plant in the pipeline
Construction materials supplier Karsan Ramji & Sons plan to set up a new cement production facility in Kenya. The KES426m (US$4.9m) plant is expected to produce an average of 7...
Kenya
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Kenya: Lafarge under competition probe
Kenya’s antitrust authority may force Lafarge SA to sell some of its domestic interests if the cement maker is found to be flouting domestic competition rules, according to Blo...
EAPCC issues profit warning
East African Portland Cement Co Ltd (EAPCC) expects profit for its full year through June to fall by more than 25 per cent, it said on Friday. The company blamed rising compet...
Nigeria: Dangote to stabilise cement price
Speaking to shareholders at the 5th 2013 Annual General Meeting Aliko Dangote, Chairman of Dangote Cement Plc, pledged that his company would intensify direct-to-consumer deliv...
Tande's term as MD of East African Portland Cement extended, Kenya
Kephar Tande's term as managing director of East African Portland Cement Co (EAPCC) has been renewed for a further three years. Industrialization and Enterprise Development C...
Savannah Cement plans new clinker line, Kenya
Savannah Cement, the newest entry in the Kenyan market, plans to invest US$200m in the construction of a new clinker line to boost regional sales. A joint venture between Ke...
Kenya: ARM Cement reports 12% rise in pretax profit
Kenya’s second largest cement producer ARM Cement saw a 12 per cent rise in full year pretax profit to KES2bn (US$23.17m). Earnings per share increased to KES2.73 from KES2.52,...
EAPCC pretax profit hit by rising costs
East African Portland Cement Co (EAPCC) said on Wednesday its pretax profit more than halved for the six months ended December due to rising administration and sales costs. P...
Bamburi relaunches Powercrete, Kenya
Lafarge’s Kenyan subsidiary Bamburi Cement has announced it will relaunch its Powercrete cement for use in large infrastructure works and in the private and public sector. T...
Bamburi: operating profit plunges 24% YoY, Kenya
Bamburi Cement’s 2013 turnover declined by 3.6 per cent to KES33.9bn while operating profit fell 24 per cent amid an increasingly competitive market. Commenting on the compa...