Tanzania

192 posts · Page 8 of 20

Tanga Cement reduces loss

Tanga Cement reduces loss

Tanga Cement reported a net loss after tax of TZS1.8bn (US$ 788,135) for the first half of 2018, a marked improvement of its business results when compared to 1H17 when losses r...

Dangote doubles output at its Tanzanian factory

Dangote doubles output at its Tanzanian factory

Dangote Cement has doubled its cement production in Dar es Salaam in response to Tanzania's cement shortage, which has resulted in higher cement prices. Routine maintenance at s...

ARM negotiating US$120m loan deal with IFC

ARM negotiating US$120m loan deal with IFC

ARM Cement Ltd of Kenya is trying to reach an agreement with the International Finance Corp about a capital injection of US$120m in loans, acccording to ARM's Chief Executive Of...

ARM Cement to relinquish Tanzania assets

ARM Cement to relinquish Tanzania assets

ARM Cement will include KES854.6m (US$8.45m) of additional assets in Tanzania to sweeten the deal for buyers of the company’s non-cement business, according to The Citizen.

Dangote Cement Group's revenue up 16% in 1Q18

Dangote Cement Group's revenue up 16% in 1Q18

Dangote Cement group released its 1Q18 results and reported revenue up 16.3 per cent to NGN242.1bn (US$672m). This gives Dangote a market share of approximately 66 per cent. Gro...