Bamburi Cement Archives

Bamburi Cement has launched an innovative and green construction project in Kenya dubbed “Houses of Tomorrow’ (HoT) in a bid ...

Bamburi Cement Parent Company Signs Net Zero Pledge with Science-Based Targets

by Kawira Mutisya

October 3, 2020

Bamburi cement parent company, LafargeHolchim has become the first global building materials company to sign the 'Business Ambition for 1.5°C' ...

Bamburi cement grows half year profit by over 83 %

by Kawira Mutisya

September 8, 2020

Bamburi Cement Group has defied COVID 19 adverse impact on the economy to post an improved pre-tax profit. According to ...

Bamburi Cement has expressed concerns over the Uganda-Rwanda border row, warning it could derail its earnings. This comes amid a drop in net profit for the year 2018, reported at Ksh614 million (US$6.1 million) down from Ksh1.9 billion (US$18.8 million) in 2017. The Nairobi Securities Exchange (NSE) listed firm has however reported a 3.7 per cent jump in turnover, from Ksh36 billion (US$3.6 billion) in 2017 to Ksh37.2 billion (US$3.7 billion) in 2018 as cement volumes grew by nine per cent.

Uganda-Rwanda tiff scares Bamburi cement as profits drop

by Chacha Mwita

April 16, 2019

2018 profits dropped to US$6.1 million from US$18.8 million in 2017 Cement manufacturers-Bamburi Cement has expressed concerns over the Uganda-Rwanda ...

Britam Holdings (Plc) has issued a profit warning for its 2018 financials, saying its earnings are likely to be at least 25 per cent lower than the previous year.

Britam in yet another profit warning for 2018

by Chacha Mwita

January 3, 2019

NAIROBI, KENYA, JAN 3 — Britam Holdings (Plc) has issued a profit warning for its 2018 financials, saying its earnings ...

Trading at the Nairobi Securities Exchange (NSE) opened the week on a positive note as the value of shares traded closed 65.4 per cent higher at Ksh865 million(US$8.6million ), compared to Ksh523 million (US$5.2 million)traded last Friday. The day saw a total of 30.5 million shares moved, up from 18.6 million shares on Friday when the market took a weekend break. The bond market had bonds worth Ksh3 billion transacted.

NSE dips as 2018 ends on a bear market territory

by Chacha Mwita

January 10, 2019

NAIROBI, KENYA, JAN 2 — The Nairobi Securities Exchange (NSE) lost 17 per cent on market capitalization for the year ...

Lafarge tightens its grip on Kenya’s construction market

by Kawira Mutisya

October 24, 2018

LafargeHolcim, the world’s leading construction materials and Solutions Company has begun the roll-out of specialized one-stop building materials stores in ...