Zambia watchdog to examine pricing factors
Zambia’s Competition and Consumer Protection Commission (CCPC) is to examine the upward adjustment is cement prices across four countries in sub-Saharan Africa. CCPC public rela...
Tanzania
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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 execu...
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 expectation...
Tanga 1H hit by competition, higher costs
Tanzania-based cement producer Tanga Cement reported a 36.7 per cent drop in first-half net profit due to increased competition and operating costs.
Tanzanian producers call for reinstatement of EACUP import duties
Cement producers in Tanzania are calling for the government to reinstate the East African Custom Union Protocol (EACUP) 2005 to protect the industry against an influx of imports.
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, ac...
Tanga Cement breaks ground on new line
Tanga Cement Company Ltd (TCCL) has launched construction of a new clinker production line involving an investment of US$165m. Speaking at the groundbreaking ceremony, Lau Masha...
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.
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.
Tanga Cement to begin construction of new kiln line
Tanga Cement Company Ltd (TCCL) is soon to begin construction of a second kiln line that will more than double the company's clinker production and eliminate the need for costly...