Market News

A boom in construction and foreign exchange gains has helped Bamburi Cement’s net profit almost double for the six months to June. The cement manufacturer reported an 86 per cent leap in net profits to Sh3 billion, with the management projecting an even better second half.   The company . . .

 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 . . .

 The Federal Republic of Germany is planning to help Tanzania to construct the Southern Serengeti bypass Road.   President Jakaya Kikwete renewed his support for Serengeti bybass road through the northern portion of the park to link Mto wa Mbu, southeast of Ngorongoro Crater, and Musoma . . .

 Tanzanian president Jakaya Kikwete has opened a ‘key road in Tanzania whose construction was sponsored by Kuwait government’s Fund for Arab Economic Development.   During the opening ceremony of marking the main road in Tanzania Mr. Jakaya Mrisho Kikwete expressed his gratit . . .

 Tanzanian president Jakaya Kikwete has opened a ‘key road in Tanzania whose construction was sponsored by Kuwait government’s Fund for Arab Economic Development.   During the opening ceremony of marking the main road in Tanzania Mr. Jakaya Mrisho Kikwete expressed his gratit . . .