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 […]
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 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 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 […]
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 […]
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. […]
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 […]
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 […]
Kenya’s Energy sector is largely to blame for greenhouse gas emissions The major shift is now being witnessed with most of the industries investing in clean energy The Bamburi Cement power project is expected to take off within this year The Kenyan energy sector is grappling with transiting to clean power as the country cannot […]
•President Uhuru’s administration has been keen on tapping the huge potential in the country’s blue economy, mainly in the Indian Ocean and Lake Victoria. •The government has refurbished the Kisumu Port and revived ship-building at the dry dock. Tonnes of steel lie on the ground at the Kisumu Shipyard where the construction of Kenya’s first […]
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