A group of flour millers acquire Savannah Cement
A group of four flour mill tycoons and associates have confirmed the acquisition of bankrupt Savannah Cement of Kenya. The makers of Supa Loaf bread have invested KES3.8bn (US$2...
Savannah Cement
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Savannah Cement sells 60% stake to Barak Asset Recovery
Mauritius-based Barak Asset Recovery has been given the green light by regulators to acquire a 60 per cent stake in Savannah Cement from Seruji Ltd . With one plant in Athi Rive...
Savannah Cement places order with Sinoma for new Kenyan plant
Savannah Cement has placed an EPC order with Sinoma International Engineering for a new US$300m cement plant in Kenya. Sinoma will construct a clinker line with an output of 800...
Savannah Cement seeks KES40bn to fund new clinker plant
Savannah Cement , Kenya, wants to raise KES39.7bn (US$350m) via a bond on the London Stock Exchange to build a clinker production plant. The firm has been relying on imported cl...
Savannah Cement has overcome its clinker shortage difficulties
Savannah Cement managers have denied that the company is facing financial problems, saying a shortage of clinker had slowed down production for the Kenyan cement producer in the...
Head of Savannah Cement named CEO of the year
Savannah Cement’s Chief Executive Officer, Ronald Ndegwa, has been named CEO of the year by the Kenya Institute of Management. Mr Ndegwa dedicated the award to the company’s man...
Kenya's Savannah Cement plans KES5bn grinding plant in major expansion plan
Savannah Cement is currently undertaken a KES5bn expansion of its grinding plant at Kitengela, Kenya, according to the company’s MD, Ronald Ndegwa. The project sees the construc...
Savannah Cement sees opportunity with African trade agreement
Savannah Cement of Kenya has optimism of growing trade following the signing of the KES3trn (US$29.7m) African Continental Free Trade Area (AfCFTA) agreement.
Savannah Cement targets Big Four Agenda projects
Savannah Cement will tap into Kenyan President Uhuru Kenyatta's Big Four agenda – manufacturing, universal healthcare, affordable housing and food security – as it enhances its ...
Devki Group plans to construct two plants in Kenya
Devki Group plans to construct two new cement plants in Kenya, according to Construction Kenya. The first plant is expected to have a 0.75Mta capacity and be located on a 20ha p...