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 440,0...
Kenya
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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...
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 ex...
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 expectati...
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. Aliko Dangote was part of a business delegation that was visitin...
Kenya’s cement consumption leaps further ahead of production
Kenya’s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, a...
Bamburi confident on second-half turnaround
Kenya's Bamburi Cement reported a 12 per cent decline in pretax profit for the first six months of 2013 but is confident of a second-half turnaround in two of its core East Afr...
ARM Cement denies pollution claims
ARM Cement has denied claims of causing environmental pollution in the Kenyan coastal town of Kilifi, saying that its operations meet international practices and standards. CE...
ARM's 1H13 pretax profit rises 28%, Kenya
An increase in sales has helped ARM Cement, Kenya's second-largest cement producer, to achieve a double-digit rise in pretax profit. Pretax profit for the six months ended ...
Athi River calls for use of locally-manufactured product
Athi River Mining Tanzania Ltd is seeking the government’s intervention to stop sub-standard imports entering the local market. Concerns have been raised recently over the q...