Savannah Cement Picks Chinese Firm to Construct $300 Million Plant
Savannah Cement Limited has contracted China-based Sinoma International Engineering to construct its Kitui cement plant at $300 million. The company will build an 8,000 tonnes per day clinker plant together [...]
GoK Loses KES 9.75 Billion in Potential Tax Annually due to Counterfeits
Combating the proliferation of counterfeits goods will expand Kenya’s annual worth of manufacturing valued added products from KES 650 billion to over KES 1 trillion. According to Anti Counterfeit Authority [...]Tycoon Jaswant Rai's Sukari Industries to Set Up New KES 5 Billion Factory in Trans Mara
Sukari Industries Ltd, linked to Kenyan tycoon Jaswant Rai, is seeking a nod to set up a new KES 5.132 billion factory in Trans Mara, Narok County. The company has [...]Mauritian Firm to Acquire 60% Stake in Savannah Cement
A Mauritian firm, Barak Asset Recovery Limited is set to acquire a 60% controlling stake in local cement producer Savannah Cement, owned by Seruji Limited. In filings made at the [...]EPRA Hints at Granting Taifa Gas Licence to Operate in Kenya
The Energy and Petroleum Regulatory Authority (EPRA) has revealed that it is considering giving a licence to Tanzanian firm Taifa Gas Investment to construct a liquefied petroleum gas (LPG) import and storage [...]Kenya Exports First Batch of Vegetable Oil for Biorefining
Italian multinational oil and gas company, Eni has exported its first cargo of vegetable oil produced in Kenya for biorefining in its Gela biorefinery in Italy. The vegetable oil is [...]Expo aims to position Kenya as the Eastern Africa manufacturing hub for paper, tissue, and packaging
According to Mordor Intelligence, the African packaging market could reach a CAGR of 8.4% from (2021 2026). Demand is coming from Africa’s food and beverage market that could reach [...]
China's Wankang Group to Invest $311 Million to Build a Float Glass Factory in Tanzania
China's Jack Feng of Wankang Group, is set to invest more than $311 million US dollars to build in an ultra-modern float glass manufacturing factory in Mkiu Village Mkuranga District, [...]Pwani Oil Buys Stationery Firm Kartasi Industries for an Undisclosed Amount
Mombasa-based manufacturer Pwani Oil Products has bought stationery firm Kartasi Industries Limited for an undisclosed sum, seeking to further diversify its business. The Competition Authority of Kenya (CAK) said it [...]Copia Opens Manufacturing Plant in Kenya
E-commerce platform, Copia which operates on a B2C model, has revealed that it has opened a new manufacturing unit in Kenya, which will allow it to boost its output of [...]Italy's Eni Launches First Production of Vegetable Oil for Bio-Refining in Kenya
Italian multinational oil and gas company Eni, has started production of the first vegetable oil for bio-refineries in Kenya. Through its subsidiary Eni Kenya, the company set up an oilseed collection [...]EABL Appoints Image Registrars Limited as Registrar
EABL wishes to notify its esteemed shareholders, the general investor community and the public of the appointment of Image Registrars Limited as EABL’s Share Registrar with effect from 1st July [...]
