Kenya: confidence running high for East African Portland Cement
Investors in East African Portland Cement Company saw the cement manufacturer’s share price rally to a 12-month high at the end of trading on Friday. Shareholders hope that the...
Kenya
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ARM Cement boosted by higher sales
ARM Cement, Kenya's second-largest producer, has reported an eight per cent advance in 2012 net profit and says it expects improved profitability on the back of new capacity. ...
Bamburi Cement 2012 pretax profit down 15%
Bamburi Cement has reported a 15 per cent decline in pretax profit for full year 2012 to KES7.17bn (US$83m) as it is impacted by lower gains on its foreign currency holdings, R...
East African Portland Cement eyes expansion
Kenya’s East African Portland Cement Co (EAPCC) is exploring the option of expanding its operations both at home and in neighbouring Tanzania, according to reports by Reuters. ...
Hima Cement to curb emissions, Uganda
Hima Cement Factory is about to embark on an environmental upgrade to improve emissions at its plant in Kasese district, Uganda. The cement producer is to begin a project in...
Kenya set to see decline in 2012 consumption
Kenyan cement consumption is set to register the first decline in three years. Provisional data for 2012 from the Kenya National Bureau of Statistics shows that consumption is ...
Kenya: Cemtech gains cement plant licences
The government has granted all required licences for the construction of the KES12bn (US$136.9m) Pokot Cement Factory. Rajesh Rawal, Cemtech Sanghi's Group director, said it h...
Kenya: KES12bn Pokot cement factory to be completed next year
Investors in the KES12bn cement factory in Pokot have pledged to complete the project next year after revising its implementation plan. The project was initially scheduled to e...
Kenya: EAPCC reverts to Bamburi for clinker supply
East Africa Portland Cement Company (EAPCC) has turned to its shareholder, Bamburi Cement, to supply clinker a year after it severed a four-year supply deal with the firm and i...
Bamburi Cement appoints director, Kenya
Bamburi Cement has appointed John Simba as a director. The effective date is November 29, 2012.