National Cement starts supplying Rwandan market
National Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in Bu...
Rwanda
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Zimbabwe sees demand up in July
PPC says demand for cement in Zimbabwe is very strong, despite effects of the COVID-19 pandemic lockdown. In its latest operational update, the regional cement producer reported...
PPC and subsidiaries record double-digit growth in July
PPC reports that its total volumes at its international subsidiaries saw double-digit growth in July compared to sales in July 2019. "The demand is especially strong in Zimbabwe...
CIMERWA set to list shares on stock exchange
Rwandan cement producer CIMERWA is set to list its shares on the Rwandan Stock Exchange on 3 August, the company said in a press statement. Each share is trading at RWF120 (US¢1...
Rwanda's cement shortage sparked by classroom building
Cimerwa is seeing a sharp rise in cement prices in Rwanda, following a cement shortage that has been driven by the Ministry of Education's programme for 20,000 classrooms to be ...
Rwanda's Prime Cement set to begin operations
A new cement plant under construction in Musanze, Rwanda, is set to begin marketing its product next month. Prime Cement Ltd is expected to begin production at around 50,000tpm ...
East African prospects Premium
The east African cement markets of Uganda, Rwanda, Malawi and Burundi have continued to experience rising levels of cement consumption over recent years with investments in infr...
CIMERWA to list on stock market
CIMERWA has said that it is currently in the process of listing its shares on the Rwanda Stock Exchange (RSE). Mr Sigei, CEO, said that the transaction is currently in the hands...
CIMERWA appoints new CEO
Rwandan cement company, CIMERWA, recently appointed Albert Kipkemoi Sigei as its new CEO, succeeding Bheki Mthembu, whose term ended. Mr Sigei, with more than 17 years of experi...
Bamburi sees 37% drop in net profit in 2019
Kenya-based Bamburi Cement has posted a 37 per cent YoY fall in net profit in 2019. Net profit declined to KES359m (US$3.39m) from KES572m in 2018. The company attributed the de...