DUBLIN–( BUSINESS WIRE )–The "East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com’s offering. The East Africa cement market reached a volume of US$ 4.55 Billion in 2020. Looking forward, the publisher expects the East Africa cement market to exhibit strong growth during the next […]
Tag: bamburi cement
Keep competition in the cement industry fair
The proposal to increase import duty on clinker, a raw material used in making cement, from 10 percent to 25 percent, will crush competitors outright. Devki Group, which owns four cement firms, has been lobbying the government to raise the taxes. But the reality is Kenya does not produce adequate clinker, for one reason or […]
Regulator fights tycoon’s plan in cement price war
The Competition Authority of Kenya (CAK) has warned the government against implementing a proposal by billionaire industrialist Narendra Raval to raise the import duty on clinker, a raw material used in cement production, from 10 percent to 25 percent. Mr Raval whose Devki Group owns four cement firms has been lobbying the government to raise […]
Portland cement turns tide as profit grows to Kshs. 1.9B
East Africa Portland Cement has bounced back to profitability to post net profit of Kshs. 1.9 billion for the full year period ending June 31, 2021. This was positive result for the cement manufacturer which has posted a profit loss after tax of Kshs. 2.8 billion during the same period last year. According to EAPC […]
Kenya: How Kenya Railways is Facilitating the Government’s Big 4 Agenda and Vision 2030
Kenya Railways wishes to thank H.E. President Uhuru Kenyatta, Commander-in-Chief of the Armed Forces, the National Government and Kenyans at large for the contribution they have made in the reclamation of railway land for the Nakuru-Kisumu, Eldoret-Kitale, Gilgil-Nyahururu and the Thika-Nanyuki lines, to facilitate operations along the Metre Gauge Railway (MGR) corridor. We appreciate the […]
Eddie Ndichu: Profile of Wapi Pay CEO, Janet Mbugua’s Estranged Husband
Eddie Ndichu hit the spotlight after getting married to media personality Janet Mbugua on May 30, 2015 Eddie who co-founded Wapi Pay in 2019, has worked in several organisations including Standard Chartered Bank, KCB and SBM Bank On his LinkedIn profile, he describes himself as an experienced leader in digital, mobile, payments and fintech Edward […]
Kenya: High Freight Fees Amplify Calls to Raise Local Clinker Capacity
Increased freight charges slapped on importing coal and clinker have reinforced the case for local production to shield cement manufacturers from steep costs that have kept cement prices on the roofs. Onset of Covid-19 elevated charges as importers of commodities such as coal, clinker and steel compete for airline spaces with transportation of health essentials […]
Kenyan cement makers suffer clinker shortfall
A clinker is offloaded at the Port of Mombasa on August 16, 2020. PHOTO | WACHIRA MWANGI | NMG In a report dated September 2021, the National Independent Clinker Verification Committee noted that an increase in duty on imported clinker is likely to have a trade redirection in favour of Egypt. In 2020, the supply […]
East Africa Cement Market 2021, Size, Share, Analysis, Growth, Research Report 2026
IMARC Group’s recent report, titled “ East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 ”, estimated that the East Africa cement market size reached a volume of 35.5 Million Tons in 2020. The cement market possesses vast opportunities in East African countries on account of soaring population and inflating income […]
Cement companies expand clinker production to lower costs
Cement firms are investing billions of shillings to build new or expand clinker plants as local production of the raw material is cheaper, making it a key competitive advantage. A report by the National Independent Clinker Verification Committee found that six companies have started or are set to embark on expanding clinker plants capacity by […]
