Kenyan prices hiked on new mining levy
Kenyan producers have raised cement prices following a new levy imposed by the Ministry of Mining.
Kenya
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Kenyan prices expected to rise
A decision by Kenya's ministry of Mining to impose a levy on cement manufacturers is likely to see cement prices rise by KES10/50kg bag next week.
ARM awaits board approval for South African project
ARM Cement is still awaiting board approval for the construction of a new cement plant in South Africa, the company's managing director, Pradeep Paunrana, has said. Mafikeng Cem...
EAPCC in spat with CMA over Lafarge appointment
East African Portland Cement Company (EAPCC) has gone to court, seeking to lift the suspension of its annual general meeting resolutions by the Capital Markets Authority (CMA), ...
Savannah Cement appoints CEO, Kenya
Savannah Cement, one of Kenya's newest market entrants, has Ronald Ndegwa as its first chief executive. The company operates a 1.5Mta cement works in Athi River which was commis...
ARM Cement expects Kenyan market to grow for the next 50 years
Kenya's cement market is set to expand on the back of government infrastructure spending on ports and roads, while house builders trying to meet an annual deficit of some 440,00...
ARM Cement 9M13 pretax profit boosted by higher sales
ARM Cement posted a 28 per cent rise in pretax profit for the first nine months of the year boosted by higher sales. Kenya’s second largest cement producer said on Tuesday its p...
ARM expects new capacity to boost earnings
Kenya’s ARM Cement said it expects earnings to increase at a faster pace this year thanks to its new capacity in Tanzania. In an interview with Reuters, ARM Cement’s chief execu...
ARM anticipates higher earnings growth
Kenya-based ARM Cement expects a slight acceleration in earnings this year as new capacity in Tanzania boosts volumes, its chief executive has said. Referring to his expectation...
Dangote plans to invest in new Kenya plant
Dangote Cement plans to invest in a new cement plant in Kenya, according to the country’s president’s office.