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athi river mining funds 27908

athi river mining funds 27908

Kenya has a vibrant limestoneminingand cement manufacturing industry, with players such as Bamburi Cement,Athi River Miningand East African Portland. Until recently, the country was producing about 150,000 tonnes per year of fluorspar. The mine closed, but there are plans to …

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News List

  • ARM CEMENT PLC
    ARM CEMENT PLC

    Pradeep H. Paunrana Managing Director Pradeep Paunrana is 52 years old and joined ARM CEMENT PLC (formerlyAthi River MiningLtd) in 1984 after graduating with an MBA from NYU Stem. As CEO of the business started by his father, Pradeep has public listed cement, industrial minerals and fertilizers company operating in Kenya, Tanzania, Rwanda and South Africa.

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  • ARM.KE Athi River Mining Ltd. Company Profile
    ARM.KE Athi River Mining Ltd. Company Profile

    Company profile forAthi River MiningLtd. including key executives, insider trading, ownership, revenue and average growth rates. View detailed ARM.KE description & address.

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  • ARM Athi River Mining Ltd. Quarterly Balance Sheet
    ARM Athi River Mining Ltd. Quarterly Balance Sheet

    Nov 23, 2020·Athi River MiningLtd. quarterly balance sheet byMarketWatch. View all ARM assets, cash, debt, liabilities, shareholder equity and investments.

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  • ARM Cement Tanzania unit sold for Sh12 billion Business
    ARM Cement Tanzania unit sold for Sh12 billion Business

    Sep 26, 2019· A leading Chinese company has bought Athi River Mining (ARM) Cement’s Tanzania subsidiary, Maweni Limestone Ltd, for $116 million (about Sh11.9 billion).

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  • End of the Road for ARM as New Owner Takes Over Operations
    End of the Road for ARM as New Owner Takes Over Operations

    Oct 15, 2019· The announcement by Nerandra Raval, chairman of Devki Group, which owns National Cement, is a major relief to the 1,100 employees ofAthi River MiningCompany, previously put under administration after running into financial difficulties.

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  • Changing fortunes of sleepy Kitui village as mining funds
    Changing fortunes of sleepy Kitui village as mining funds

    This came afterAthi River Mining(ARM) Company struck huge deposits of limestone in Ngaaie hills and signed land compensation deals with the landowners to pave way for extraction of the limestone. Ever since ARM entered the area, life in the area has changed …

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  • How British fund shot itself in the foot in Sh14b ARM
    How British fund shot itself in the foot in Sh14b ARM

    FormerAthi River MiningMD Pradeep Paunrana. A development finance institution owned by the UK government through the Department for International Development was scouting for cement firms in …

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  • ARM issues US$70mn bond to repay loans
    ARM issues US$70mn bond to repay loans

    Aug 14, 2015· Kenyan cement makerAthi River Mining(ARM) has announced it is to issue a corporate bond to repay its debts Cement awaits transportation outside a distributor. (Image source: Mwangi Mumero) The US$70mn five-year bond will be used to repay short-term loans taken out during the construction of its new clinker plant in Tanga, Tanzania.

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  • How British fund shot itself in the foot in Sh14b ARM
    How British fund shot itself in the foot in Sh14b ARM

    Tanzania operation failed to live up to expectations, shackling the firm with debt.

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  • ore stone crusher machine for mining
    ore stone crusher machine for mining

    ore stone crusher machine forminingDescription. Stone Crushing Machine - Iron ore crusher plant . Stone Crusher Plant For Sale Mobile Crushers All Over. Apr 14 2015Crusher plant for sale in Quikr Mobile crusher and mobile screening plants dragon pioneer of the machine in 4 continents in th SBM machinery supply stone crusher crusher Iron ore ...

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  • ARM Athi River Mining Ltd. Stock Price News WSJ
    ARM Athi River Mining Ltd. Stock Price News WSJ

    View the latestAthi River Mining Ltd. (ARM) stock price, news, historical charts, analyst ratings and financial information from WSJ.

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  • Kenyan Steel Tycoon Narendra Raval To AcquireARM Cement
    Kenyan Steel Tycoon Narendra Raval To AcquireARM Cement

    Jun 02, 2019· Kenyan businessman Narendra Raval is acquiringAthi River Mining(ARM) Cement, a struggling Nairobi-based cement company, for $50 million.. The …

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  • Athi River MiningLtd. Stock Price (ARM) Barron's
    Athi River MiningLtd. Stock Price (ARM) Barron's

    View today's stock price, news and analysis forAthi River MiningLtd. (ARM). Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and ...

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  • End of the Road for ARM as New OwnerTakes Over Operations
    End of the Road for ARM as New OwnerTakes Over Operations

    Oct 15, 2019· The announcement by Nerandra Raval, chairman of Devki Group, which owns National Cement, is a major relief to the 1,100 employees ofAthi River MiningCompany, previously put under administration after running into financial difficulties.

    Read More
  • CMA totighten unit trusts oversight after investor losses
    CMA totighten unit trusts oversight after investor losses

    Recent developments where some of thefundsreportedly lost billions to collapsed businesses including Nakumatt,Athi River Mining, Chase and Imperial Banks have raised calls for better oversight ...

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  • Athi River MiningArchives Bankelele
    Athi River MiningArchives Bankelele

    The shareholders of ARM Cement (Athi River Mining) will meet on August 25 in Nairobi to approve the investment into the company by CDC Group (formerly Commonwealth Development Corporation), the UK government-owned development finance institution. CDC will become anchor shareholder who may contribute to stabling the company share price to the benefit of existing shareholders.

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  • ARM Cement Cement industry news from Global Cement
    ARM Cement Cement industry news from Global Cement

    Jul 22, 2020· Tanzania: Huaxin Cement has announced the completion of its acquisition of Kenya-basedAthi River Mining(ARM) Cement’s Tanzanian subsidiary Maweni Limestone. Reuters has reported that Huaxin Cement will invest US$30m in completing upgrades to the company’s plants in addition to an investment of US$116m to settle Maweni Limestone’s debts.

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  • Athi River MiningCompany On Spotlight For Hiring
    Athi River MiningCompany On Spotlight For Hiring

    Jun 21, 2018· Rhino Cement previously referred asAthi River Miningis on the spotlight over breach of business moral ethical conducts. Disgruntled workers in most of the branches of theminingcompany has approachedKenya Insightswith intention of bringing to light a serious issue in the recruitment process where the management is jumping the rules and irregularly hiring unqualified foreigners.

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  • These fund managers lost money in 2017 Maudhui House
    These fund managers lost money in 2017 Maudhui House

    The Capital Markets Authority has revealed thatfundmanagers lost billions to the Chase Bank and Imperial bank bond suspensions and Nakumatt’s default.. See also: SBM to finally take over Chase Bank. WithAthi River Mining(ARM) reportedly also defaulting on their bond the list of companies that are losing money to defaulting corporates is growing.

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  • Athi River Mining Cement industry news from Global Cement
    Athi River Mining Cement industry news from Global Cement

    Kenya:Athi River Mininghas posted a 17% rise in first quarter pretax profit to US$4.7m, helped by higher production and growing demand for cement for infrastructure projects. Kenya's second-largest cement firm, the turnover of which jumped by 61% to US$32m for the quarter ending 31 March 2012, said it would recommend a share split of five for every one ordinary share and a name change to ...

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  • NTV Kenya Residents ofAthi Rivertown have accused
    NTV Kenya Residents ofAthi Rivertown have accused

    Dec 17, 2020· Residents ofAthi Rivertown have accused several industries in the area of heavily polluting the environment. ... Kiambu County, have protested over alleged embezzlement offundsand mismanagement of the Komothai Coffee Growers Co-operative Society. ... East Africa AB a Steel Mill Limited and theRiver MiningLimited residents accused them of ...

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  • PEfundAureos Capital exits East Africa as term expires
    PEfundAureos Capital exits East Africa as term expires

    Thefundwhich was established by Aureos Capital in 2003, had made several investments in Kenya, Uganda and Tanzania. Thefundhas also invested in the cement firmAthi River Mining, Bank of Africa,Athi RiverSteel Plant, Cable Holdings Ltd, Dorini (Tourism) and advertising firm Ovidian.

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  • Kenyan Tycoon Narendra Raval's $50 MillionCement Deal Halted
    Kenyan Tycoon Narendra Raval's $50 MillionCement Deal Halted

    Jul 21, 2019· Last month, Kenyan businessman Narendra Raval is acquiring Athi River Mining (ARM) Cement, a struggling Nairobi-based cement company, for …

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  • CMA Seeks to Resuscitate Corporate Bonds Market
    CMA Seeks to Resuscitate Corporate Bonds Market

    Nakumatt Supermarket, Chase Bank, Imperial Bank, and cement makerAthi River Mining(ARM) are among issuers who have collapsed with unpaid bonds or commercial paper. Figures from the NSE and CMA show that commercial paper outstanding as of 30th June 2020 was KSh 27.9 Billion.

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  • ARM Cement CDC Group
    ARM Cement CDC Group

    Formerly known asAthi River MiningLimited, the company is headquartered in Nairobi and is listed on the Nairobi Securities Exchange (NSE). Our investment In April 2016, CDC announced a $140 million investment into the company designed to boost the local supply of cement in East Africa.

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  • NSSF LostSh9Million In The ARM RecievershipDeal Kenya
    NSSF LostSh9Million In The ARM RecievershipDeal Kenya

    Oct 29, 2019· Early this month, this site published a story that Daveks NCC tycoon owner had bought the debt riddenAthi River Miningcement plant. And today, according to an audit report by the Auditor General, Pensioners lost Sh9 million for the 2.9 million shares that the National Social SecurityFund(NSSF) bought in now auctionedAthi[…]

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  • PEfundAureos Capital exits East Africa as term expires
    PEfundAureos Capital exits East Africa as term expires

    Thefundwhich was established by Aureos Capital in 2003, had made several investments in Kenya, Uganda and Tanzania. Thefundhas also invested in the cement firmAthi River Mining, Bank of Africa,Athi RiverSteel Plant, Cable Holdings Ltd, Dorini (Tourism) and advertising firm Ovidian.

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  • Afrinvestor Investment Resources
    Afrinvestor Investment Resources

    PORT-HARCOURT OFFICE. 3rd Floor, Admiralty Building. Plot 202, Olu Obasanjo Road. GRA Phase II, Port-Harcourt. Mobile: +234 808 718 4771

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  • Kenya's Athi River targeting 5Mt ycement capacity by 2016
    Kenya's Athi River targeting 5Mt ycement capacity by 2016

    NSE-listedAthi River Miningplans to grow its cement production capacity to five-million tons a year by 2016, deputy MD Surendra Bhatia said on Monday.Athi Riverexpects significant growth in ...

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  • CDC invests $140m in ARM Cement Africa GlobalFunds
    CDC invests $140m in ARM Cement Africa GlobalFunds

    Founded in 1974 by HJ Paunrana, ARM (formerlyAthi River MiningLtd) is now led by his son, Pradeep Paunrana, the current Managing Director and CEO of the company. The company has grown from modest beginnings into East Africa’s second largest producer of cement, with a market share of roughly equivalent to a 15 percent market share.

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  • Clients Dry Associates
    Clients Dry Associates

    Jun 2002: Arranged and Placed Ksh. 50MAthi River MiningLimited CP Issue. Apr 2002: Increased TPS Commercial Paper issue to Kshs. 200M from Kshs. 100M. Dec 2001: Entered into Agreement with Franklin Resources to distribute Franklin Templeton InvestmentFunds.

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  • C RDigital Register
    C RDigital Register

    About Us. C&R group is the largest share registrar in the region with a strong brand, service excellence track record & a leadership position of 33%.

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  • ARM CementPlc (ARM) Realtime Stock Quote Nairobi
    ARM CementPlc (ARM) Realtime Stock Quote Nairobi

    Aug 17, 2018·ARM CementPlc (ARM), Sector: Construction And Allied, Price: KES 5.50, Beta: 0.73.  ARM Cement Ltd. manufactures sodium silicate, lime, industrial minerals, formulated fertilizers and building products in East and Southern Africa. The company's business segments include Cement & Lime and Other Products. Among...

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  • Paunrana elected new KAM chairman Capital Business
    Paunrana elected new KAM chairman Capital Business

    Jul 24, 2014· NAIROBI, Kenya, July 24 – Pradeep Paunrana has been elected the new chairman of Kenya Association of Manufacturers (KAM). Paunrana, who is also the CEO ofAthi River Miningtakes over from Polycarp Igathe who has been in the position for the last two years. Prior to his appointment, Paunrana served as KAM vice chairman.

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