The Malaba One Stop Border Post in this picture taken on January 22, 2022. The Sh5 increase in Super petrol and diesel prices announced on Monday is expected to further push up the cost of living in Kenya. Already, the Kenya Transporters Association (KTA) has asked its members to review by a minimum of five […]
Tag: bamburi cement
Cement Prices in Kenya
Workers at a construction site. PHOTO | FILE Cement prices in Kenya have hit new highs this month as local manufacturers seek to remain profitable in the wake of a price hike of key raw materials and input costs. A 50kg bag of cement in Nairobi is currently selling at an average of Sh630 from […]
Constructors shelve plans on rising price of building materials
Ongoing construction of the Pangani Affordable Housing Programme on January 21, 20222 The rising cost of building materials in Kenya has pushed construction costs by an average of Sh3,000 per square metre, forcing constructors to hold ongoing projects. The rising cost has been attributed to a disruption in the global market on the ongoing Russia/Ukraine […]
Kenya considers duty increase on imported clinker
The Kenyan government is considering an increase on duty on imported clinker to rein in trading malpractices. It says some errant cement companies have been abusing the low tax regime of 10 per cent in the region and now wants to take countermeasures to reduce clinker imports. “Some of these cement companies are importing clinker […]
KCB quietly extends CEO Oigara’s contract by one year
KCB Group CEO Joshua Oigara. PHOTO | SALATON NJAU | NMG KCB Group has quietly extended the term of Chief Executive Officer Joshua Oigara by a year as it continues the search for a successor to the long-serving leader ahead of December. The extension, until December 31, is the second extension for the 47-year old […]
Bamburi increases cement prices on escalating costs
Bamburi Cement Plc #ticker:BAMB is now the latest company to announce plans to increase prices of its products by between two and 10 percent effective March 10 due to higher cost of input raw materials. The move is rare in the cement industry which had suffered declining prices over the years amid price wars as […]
Bamburi Cement orders two solar power plants
Kenya: Bamburi Cement has signed a power purchase agreement (PPA) with Momnai Energy to set up two solar plants. One 14.5MW unit will be situated next to its integrated Mombasa plant and the other 5MW unit by its Nairobi grinding plant. This will account for up to approximately 40% of the cement producer’s total power […]
Rising tide of shipments signals boom for Kenya’s blue economy
Kenya Ports Authority gantry cranes offloading containers at the Port of Mombasa. In the last year, the government has made significant investments in infrastructure targeted to boost the fortunes of the blue economy. The country has forayed into ship-making, launched Lamu Port and revamped Kisumu Port, all aimed at reaping more from the nascent sector. […]
KENYA: cement manufacturer Bamburi to equip its plants with two solar PV plants
Solar energy for Bamburi cement plants in Kenya Bamburi Cement, the subsidiary of the Franco-Swiss group LafargeHolcim, has signed a power purchase agreement with Momnai Energy. The cement manufacturer will equip its Mombasa and Nairobi plants with two solar photovoltaic (PV) power plants totalling 19.5 MWp. Bamburi Cement is going green. The Kenyan subsidiary of […]
Bamburi Cement orders two solar power plants
Kenya: Bamburi Cement has signed a power purchase agreement (PPA) with Momnai Energy to set up two solar plants. One 14.5MW unit will be situated next to its integrated Mombasa plant and the other 5MW unit by its Nairobi grinding plant. This will account for up to approximately 40% of the cement producer’s total power […]