Cement manufacturer CIMERWA has announced the 2023 financials, recording a net revenues of Rwf103.0.bn, reflecting a 11.9 percent increase in revenues from the previous year. The announcement of increased revenues…
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National
NEW: Kenya’s National Cement Holdings Takes Over CIMERWA As South Africa’s PPC Exits Rwandan Market
by Edmund Kagire 5:11 pmCIMERWA, Rwanda’s leading cement producer, is set to become majority owned by new long-term investor committed to regional expansion. In an announcement issued on Friday November 17, PPC International Holdings…
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Business & TechRegional
Cement Manufacturer CIMERWA Upbeat After Registering Record Rwf5.4bn Profit Before Tax
by Edmund Kagire 4:55 amRwanda’s leading cement manufacturer CIMERWA Plc on Thursday announced its performance for the 2020/21 fiscal year, projecting a stellar year-on-year growth, driven by the ever-increasing demand for cement. CIMERWA Plc…
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Rwanda Stock Exchange has said Cimerwa PLC reported a net profit of Rwf1.95billion but faced a drop in earnings per share down -43% as a result of due to difficult times…