Bamburi first-half pretax profit jumps 94%
Bamburi Cement reported a 94 per cent jump in first-half pretax profit from a year earlier to KES4.5bn (US$43m). According to Reuters, the company attributed the strong performa...
Uganda
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Tororo cement invests US25m in expansion
Uganda’s largest cement manufacturer has earmarked UGX86bn (US$25m) towards the plant expansion. Tororo Cement Ltd will upgrade its cement plant at Tororo, northeast of Kampala,...
National Cement plans expansion into Uganda
National Cement, which currently operates a grinding plant in Kenya, plans to invest KES18.5bn (US$199m) in a new factory in Uganda, according to local news reports. The new pla...
East African Portland Cement posts pretax loss
East African Portland Cement Co (EAPCC) posted a first-half loss after a maintenance shutdown of its packing and clinker units. The company reported a pretax loss of KES124m (US...
Tororo Cement joins Uganda’s Chamber of Mines and Petroleum
Tororo Cement has become the latest member to join Uganda’s Chamber of Mines and Petroleum (UCMP). Through joining the UCMP, whose members’ main objectives are to encourage and ...
Turkish firm eyes Uganda investment
Turkish-owned tourism and trading company, Kolin Construction, has expressed interest in Uganda’s cement manufacturing industry, according to local press reports. East African B...
Hima outlines sustainability initiatives, Uganda
Ugandan producer Hima Cement has outlined ambitious sustainability plans focussed on five main pillars. The company, owned by Kenya’s Bamburi Cement and part of the Lafarge Grou...
Uganda building materials prices decline
Uganda has seen a decline in building materials prices, including cement, due to a slowdown in construction activity as well as increased competition.
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...