Bamburi sees pretax profit quadruple
Kenya-based Bamburi Cement Ltd , owned by Holcim, reported a 1H23 turnover of KES22,260m (US$153.5m), up 11 per cent when compared with the 1H22. Profit before tax surged to KES...
Kenya
359 posts · Page 6 of 36
East Africa Portland Cement is ready to tap domestic market
East Africa Portland Cement Co Plc and its Athi-River plant is set to expand its clinker production to serve the domestic market after the government imposed a 17 per cent duty ...
Bamburi Cement to consider expansion despite macroeconomy
Bamburi Cement PLC ( Holcim group ) held its 72nd Annual General Meeting in Nairobi on 15 June, chaired by the Board and Management, which included Chairman Dr John Simba, Group...
Devki Group to boost clinker exports
National Cement (Devki Group) has announced that it will export up to 80 per cent of the clinker it produces when its new West Pokot plant in Kenya starts production. This will ...
New administrator for Savannah Cement announced
Harveen Gadhoke of Adili Associates has been appointed to turn around impoverished Savannah Cement with the view of recovering KES10bn (US$72.8m) owed to KCB and Absa Bank Kenya...
Kenyan clinker imports set for additional tax
Kenyan producers of clinker are being boosted with the proposal to introduce a new tax as the State moves in to protect local industry. The export and investment promotion levy ...
Savannah Cement Group sources funds for new clinker plant
Savannah Clinker has received KES65bn (US$500m) to fund construction of a new clinker factory in Kenya. Savannah Clinker, an affiliate of Savannah Cement , said it raised the fu...
Bamburi Cement to open a new shale quarry
Kenya-based Bamburi Cement (part of Holcim )will be opening a new shale quarry in Kwale County to serve a new cement plant. The quarry is expected to supply around 20 per cent o...
Bamburi Cement announces new CEO
Kenya's Bamburi Cement (part of the Holcim Group) has appointed Mohit Kapoor as its new chief executive officer, effective from 1 April 2023. Mr Kapoor replaces Seddiq Hassani w...
National Cement Co Ltd to open 2.5Mta clinker plant in Kenya
Kenya-based National Cement Co Ltd (NCC) has announced it will open a new clinker plant in September 2023. Located in West Pokot, the new plant is expected to have a clinker cap...