Market News

  • East Africa gets new cement plant

    Posted on :Friday , 28th August 2015

     A 600,000 tonne capacity Cimerwa Cement plant has been inaugurated in Rwanda at the cost of US$170mn

    cement 
    The plant has been built in the Muganza sector of the Rusizi district in western Rwanda.
    With the current cement demand being 450,000 tonnes annually, the new plant is expected to cater to the growing demand. Surplus will be exported to neighb. . .

  • Construction of Standard Gauge Railway in Kenya almost complete

    Posted on :Friday , 28th August 2015

     The Standard Gauge Railway in Kenya which is being constructed by China Road and Bridge Corporation is almost complete; this is according to the external manager Julius Ling.

     
    Mr. Ling said that the Standard Gauge railway in Kenmya is 50 per cent complete and the first locomotive to use the railway between Mombasa and Nairobi is expected at the Port of Mombasa . . .

  • Construction of buildings to be completed within five years

    Posted on :Thursday , 27th August 2015

     Property developers and individuals building homes will have to complete construction within five years or face penalties under a new law proposed by the government.

     
    The Physical Planning Bill, 2015 say the five-year period will start once an investor is issued with a  development permit. This will be a blow to those who prefer to build in stages and will. . .

  • Ethiopia moots plan for cement

    Posted on :Tuesday , 25th August 2015

    ADDIS ABABA, Ethiopia - Industrial Projects Service (IPS), a state-owned consultant has won a contract from Messebo Cement to conduct an assessment of the cement market around Addis Ababa. 

     
    According to a statement it wants to explore the feasibility of opening a grinding plant where semi-processed clinker from Tigray will be processed to produce cement
    . . .

  • Rwanda to Export Cement As New Plant Boost Production

    Posted on :Tuesday , 25th August 2015

    Rwanda's only cement manufacturer CIMERWA Ltd, yesterday, unveiled a new plant expected to increase production and boost export revenues.

     
    The new state-of-the-art plant in Muganza Sector, Rusizi District, was inaugurated by the Prime Minister, Anastase Murekezi.
     
    The factory, worth $170 million, has the capacity to produce six times the. . .

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