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ARM Cement, formerly Athi River Mining, posted a 28 percent growth in profit before tax amounting to sh. 1 billion for the first half of the year ended June 30th, compared sh. 791 million realised during similar period last year...Full story
Athi River Mining Ltd will spend over Sh 34.1 billion ($400 million) on the construction of new cement plants in Tanzania and Kenya...Full Story
ARM Cement Ltd., Kenya’s second-largest maker of the building material, is considering selling Eurobonds to help fund a planned $300 million expansion program, Managing Director Pradeep Paunrana said…..Full Story
Residents in Kaloleni and Rabai have welcomed a move by Athi River Mining Company in initiating community projects that are meant to boost education, health and enviroments...Full story
The Kilifi County government is facing challenges in offering health services to remote health centres...Full story
We meet at Athi River Mining offices on a Saturday morning. Prandeep is looking dapper in linen and chinos...Full story
KILIFI Schools in Kaloleni and Rabai constituencies will benefit from the Athi River Mining Cement Compa ny's Rhino Cement Foundation.
Speaking during the signing of a partnership between the companyand M'bungoni Primary School at Kambe, Rabai, ARM director Pradeep Paurana said the move is part of the compa ny's contribution to education... read more
The company announced its support to refurbish schools and construct modern facilities.
ARM Cement company has signed a contract with Kambe residents in Kilifi county to improve their relationship… Full Story
ARM has launched "Woman Contractor of the Year" Award. The announcement was made during the National Construction Authority (NCA) Women Contractors Dinner held at the Intercontinental Hotel. The event brought together industry players, regulators and national leaders. The first award will be given in July 2014, and will showcase the business skills and technical competencies of the woman contractor. "ARM Cement is committed to supporting women contractors by enabling them to have a competitive advantage in a time when the country is experiencing rapid growth in infrastructure, housing and construction," said Pradeep Paunrana, CEO, ARM Cement limited. ARM Cement will be title sponsors of the award, which was launched in partnership with the National Construction Authority. ARM Cement will support the award for a period of five years.
Kilifi, Kenya: Investors in Kilifi have been challenged to ensure they give back to the community.
Speaking at a ceremony in which Athi River Mining Company and Lewa Wildlife Conservancy joined hands in wildlife conservation, Kilifi Governor Amason Jeffa Kingi and his Senate counterpart Justice (Rtd) Stewart Madzayo hit out at investors whose only agenda is to make money without considering the hosting society.
Kingi thanked Athi River Mining CEO Pradeep Paunrana and his Lewa conservancy counterpart Mike Watson for leading the way and challenged other corporates to emulate them.
He said wildlife can change lives and gave an example of the Principal Secretary, State Department of Environment and Natural Resources, Dr Richard Lesiyampe who in his address to the public during the ceremony stated that wildlife had played a great part in his education.
“When children see a rhino, an elephant or a lion, they should see books, classes, healthcare facilities and not destruction. This will only be achieved if the government, corporate sector, the media and the public join hands to create awareness on the importance of conserving wildlife,” added Kingi.
Poachers put on notice
He said marine parks in Kilifi do not add much value to the community and added that the county government will ensure for every tourist visiting the parks, natives stand to gain.
In his address, Madzayo said some tourists visit the coastal area with evil motives. He hit out at such tourists saying the cash they bring will never be helpful if the people who should benefit are adversely affected by their presence.
Speaking during the occasion, Lesiyampe put poachers on notice, saying a crack unit from the GSU, Regular Police and the KWS is now in place and the government will provide enough ammunition and proper air surveillance equipment in order to curb the poaching menace.
He said Kenya now has only 1,023 rhinos down from 20,000 a few years ago. The elephant population stands at 30,000 with 180 killed in the course of the past year despite efforts to fight poaching.