Tanga Cement: full-year 2011 down on rising production costs
Tanzanian cement producer, Tanga Cement, reported a 32 per cent drop in 2011 net profit due to the depreciation of the local currency, erratic power supply and rising costs of i...
Tanzania
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Athi River Mining: East Africa expansion
Kenya-based cement producer Athi River Mining (ARM) earlier this week reported a significant rise in 2011 cement sales on the back of new domestic cement capacity. The company i...
Athi River pretax profit rises, Kenya
Kenya-based firm, Athi River Mining, posted a 23 per cent rise in 2011 pretax profit to KES1.36bn (US$16.4m), the company said while net profit came in at KES1150m.
TPCC profit constrained by power issues, Tanzania
Tanzania Portland Cement Company Limited (TPCC) net profit rose slightly less than expected due to erratic power supplies but says the demand outlook is positive as it prepares ...
Tanzania: calls for uniform prices nationwide
Tanzanian cement producers are being urged to open their own depots in remote areas to bring down retail prices. Dr Cyril Chami, Minister for Industry, Trade and Marketing, said...
Dangote Cement – Africa market expansion
Dangote Cement, Africa’s biggest producer of the building material, last week inaugurated its Ibese plant in southwestern Nigeria. The occasion marks a significant milestone for...
Tanzania Portland Cement output hit by power crisis
Tanzania Portland Cement Company (TPCC) said production rose by just three per cent last year instead of the forecasted eight per cent due to a power crisis. TPCC managing direc...
Increased power tariffs result in cement price hikes, Tanzania
A recent rise in power tariffs by over 40 per cent has resulted in the price of Tanzanian building materials starting to also increase. A spot survey by local newspaper, ‘Daily ...
Tanzanian cement discussions
Tanzanian cement producers have been urged to review their profit margins to make cement more affordable and thus increase per capita consumption, according to local press repor...