Displaying items by tag: Savannah Cements

Kenya: Peter Kahi of PKF Consulting has been appointed as the administrator of Savannah Cement. This follows the resignation of Harveen Gadhoke, according to the Business Daily newspaper. Gadhoke was appointed as the administrator of the company in November 2022 when Absa and KCB attempted to put it into administration due to combined debts of US$66m. Savannah Cement fought back legally against the attempt to manage it externally but a court rejected this in July 2023.

Kenya: Savannah Cement is set to complete US$50m upgrade to its grinding plant at Athi River by the end of 2019. It is installing a second 1.2Mt/yr mill at the unit supplied by Denmark’s FLSmidth, according to the Kenya Broadcasting Company. Contractors are also installing belt conveyors, storage silos, a packing plant and dust filters as part of the new vertical roller mill line.

The cement producer made the announcement at an event celebrating its seventh anniversary. The existing mill at Athi River has a production capacity of 1.2Mt/yr.

Kenya: Savannah Cement has appointed Ronald Ndegwa as its first Chief Executive Officer on 9 December 2013. The company was commissioned in July 2012 as Kenya's sixth cement manufacturer and has been operating without a substantive CEO since that time.

Savannah Cement board chairman, Benson Ndeta, disclosed that Ndegwa, who previously served as the director of supply chain at Tata Chemicals Magadi (Magadi Soda), has joined the firm with a clear brief to spearhead the business development agenda. Savannah Cement currently operates a state of the art, eco-friendly cement grinding plant with a capacity of 1.5Mt/yr.

"By retaining Ndegwa, a seasoned manufacturing and business management professional, Savannah Cement is making a bold statement that we intend to play a very key role in Kenya's, and indeed East Africa's, development agenda," said Ndeta.