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Hima Cement has reaffirmed its commitment to community health by contributing UGX 20 million towards this year’s Kabaka Birthday Run and celebrations, a landmark event aimed at fighting HIV/AIDS in…
On 14 April 2022, Justice Mabeya, of the High Court in Kenya cancelled a 20-year concession that had leased Mumias Sugar assets to Sarrai Group in December 2021. The termination came after a series of court cases that had accused Sarrai Group of illegally and fraudulently winning a bid offer in a process – headed by Kenya Commercial Bank (KCB)’s receivership manager P V Rao – that had failed to consider other creditors, consult the Competition Authority of Kenya and explain how Mumias would repay its creditors, among others. Whereas the cases had played out in Kenya, it touched Uganda…
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Corporate reputation is an aggregate of public perceptions about an organisation’s social, political, ethical and business behaviour and how people engage with that organisation based on these perceptions. Ultimately, this…
The Absa Bank Uganda Human Capital Director Sylvia Mulomi has tipped Human Resource (HR) practitioners about the organisational culture and work ethic as key to shaping a thriving workplace, which ultimately results in the company’s success, including higher revenues. She was speaking during the HR Community Appreciation breakfast meeting at the Kampala Sheraton Hotel on 25th January 2024, organised by Motivation Hub Limited. According to Mulomi, there’s significant evidence that an effective organizational culture provides a major competitive edge higher levels of employee and customer engagement and loyalty translate into higher growth and profits. “It’s very important to understand…
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Lafarge Cement Zimbabwe has appointed a Ugandan, Geoffrey Ndugwa, as the new Chief Executive Officer. His appointment took effect on December 15, 2021. On his appointment, Ndugwa said: “I am honored and excited in equal measure to be joining the dynamic Lafarge Cement Zimbabwe family! Looking forward to #buildingprogress for all our stakeholders in the weeks and months ahead.” Prior to this appointment, Ndugwa was Chief Executive Officer at Lafarge Malawi from December 2019 to November 2021.Geoffrey brings extensive experience in the cement industry spanning over 17 years working in various capacities across Africa. Some of his notable appointments in the past…
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Hima Cement Limited has today launched Fundi Masonry Cement, its latest addition to their ever-growing list of products. In a statement, Hima Cement says Fundi Masonry Cement is an application-based masonry cement that was specially formulated with enhanced capabilities for masonry work which includes brick laying, mixing mortar and plastering. During a Virtual broadcast of the launch, Israel Tinkasimiire, the Hima Cement Commercial Sales Director said: “As the most innovative company in the industry, we are continually on the lookout for modern solutions to address all our client’s construction needs while emphasizing the aspect of convenience, quality, ease of use,…
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Hima Cement Ltd has today, launched a new product on the market – Fundi Masonry Cement, which is a specially formulated cement for plastering, brick laying and mortar works. Speaking during the launch at the Hima Cement premises at Namanve Industrial Park, the Hima Cement Country Chief Executive Officer Jean-Michel Pons, said that the company was committed to providing innovative solutions for specific construction needs. “Fundi is an application-based cement that is formulated with enhanced capabilities for masonry and plaster works. The customer is guaranteed improved workability, affordability and beautiful finishes,” says Jean-Michel Pons, the Hima Cement Country CEO. Fundi…
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Mr. Jean-Michel Pons took up the Country CEO role at Hima Cement Ltd this June 2019 from Moldova, where he was the Country CEO for LafargeHolcim. He joined the LafargeHolcim Group in 2011 and has had the privilege to work in several markets across the world, including Russia, Serbia, Chile, Algeria and France in various business development roles. In this exclusive media interview, he tells CEO East Africa’s Muhereza Kyamutetera his assessment of the Ugandan cement market and his growth strategy amidst rising competition.
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The Ugandan Cement Industry has historically been a playground for two rivals- Hima Cement and Tororo Cement, the latter being the market leader with about 55%-60% market share and Hima with about 40%. Hima Cement is owned by LafargeHolcim, the global Swiss-headquartered giant, formed by the 2015 merger between France’s LaFarge and Switzeland’s Holcim. Tororo Cement is owned by a reclusive Indian family. Some players from Kenya, especially East Africa Portland Cement with their Blue Triangle brand, have always tinkered with the Ugandan market with imports from Kenya, but with not so much success- scraping, barely 1% of market…
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Hima Cement, in 2018 made a loss of UGX32.5 billion, down from a profit of UGX71.7 billion in 2017, according to the company’s results, this reporter has had access to….
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