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Devki Group
The Devki Group of Companies, commonly referred to as the Devki Group, is a privately owned conglomerate in Kenya. Narendra Raval, a wealthy Kenyan industrialist and philanthropist, is a majority shareholder in each of the companies in the Group. The majority of the companies in the group focus on the manufacturing of building materials, including cement, aluminum and steel. The group has subsidiaries in Kenya, Uganda, Rwanda and the Democratic Republic of the Congo. Location The group has its headquarters along Ruiru–Kamiti Road, in Ruiru Town, Kiambu County. It is approximately , by road, northeast of the central business district of Nairobi, Kenya's capital and largest city. The factories of the subsidiary companies are located in various Kenyan locations and in three other regional countries. Overview As of April 2021, Devki Group is mainly involved in the manufacture of building materials, including steel, aluminum and cement. At that time, the group was the ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium ...
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National Cement Company Limited
National Cement Company Limited (NCCL), also National Cement Company Kenya Limited, is a cement manufacturer in Kenya. It is a subsidiary of the Devki Group of Companies, an industrial and manufacturing conglomerate, with headquarters in Kenya and operating subsidiaries in Kenya, Uganda and the Democratic Republic of the Congo. Location The main factories of NCCL are located off of the Nairobi-Mombasa Road, in the town of Athi River, Machakos County. This is approximately , by road, south-east of Nairobi, the capital city of Kenya. The coordinates of the main factory are 1°29'31.0"S, 37°03'26.0"E (Latitude:-1.491944; Longitude:37.057222). Overview National Cement Company Limited was established in 2008 and began cement production in 2010. As of April 2018, NCCL was the largest indigenous cement manufacturer in Kenya, with several plants in the country. It owns 100 percent of Simba Cement Uganda Limited, a cement factory in the Ugandan town of Tororo, with installed manufac ...
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List Of Wealthiest People In Kenya
The following is a list of Kenya's richest. It is based on an annual assessment of wealth and assets compiled and published by ''Forbes'' magazine. Kenya is the largest economy in the East African Community, the 3rd largest economy in Sub-Saharan Africa, with a gross domestic product of US$120.87 billion as of 2020 up from US$70.539 billion in 2017. Kenya ranks behind only South Africa and Nigeria in GDP rankings of Sub-Saharan African countries. 2015 2014 2013 2012 2011 See also * Economy of Kenya * East African Community * Forbes list of billionaires * List of countries by the number of billionaires * List of conglomerates in Kenya * List of conglomerates in Africa References {{DEFAULTSORT:List Of Wealthiest People In Kenya Kenya net worth net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabil ...
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List Of Conglomerates In Africa
A conglomerate is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are typically large and multinational. Africa Algeria * Cevital Kenya * KCB Bank Group * Centum Investments * Nation Media Group * Co-operative Bank Group * Equity Bank Group * I&M Bank Group * Olympia Capital Holdings * Sameer Group * TransCentury Limited Morocco * Siger * Société Nationale d'Investissement (SNI) Nigeria * Dangote Group * John Holt Plc * Transnational Corporation of Nigeria * United Africa Company of Nigeria South Africa * Bidvest Group * Vodacom * MTN *Cell C * Telkom * Eskom * Denel * Transnet * SABC * eNCA *DStv * Super Sports * Standard Bank * ABSA *FirstRand Limited * Nedbank *Capitec * Sasol * Naspers * Anglo American Platinum Ltd * Investec * Remgro * Old Mutual * Sanlam *Shoprite Holdings Uganda * Alam Group * Aya Gr ...
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List Of Conglomerates In Kenya
This is the list of conglomerates in Kenya. See also * Conglomerates * Africa conglomerates * Uganda Conglomerates * Wealthy Kenyans * Kenya Economy References {{reflist Conglomerate companies of Kenya Conglomerates ...
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The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in the ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ...
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Western Province, Rwanda
Western Province ( rw, Intara y'Iburengerazuba; french: Province de l'Ouest; nl, West-provincie) is one of Rwanda's five provinces. It was created in early January 2006 as part of a government decentralization program that re-organized the country's local government structures. Western Province comprises the former provinces of Cyangugu, Gisenyi, Kibuye, and a small portion of Ruhengeri Ruhengeri, also known as Musanze or Muhoza, is a city and capital of Musanze District in the Northern Province of Rwanda. Some sources now refer to the city itself as Musanze, after the district in which it lies within. This has to do with the .... It is divided into the districts of Karongi, Nyabihu, Rubavu, Rusizi, Ngororero, Nyamasheke, and Rutsiro. The capital city of Western Province is Kibuye. Notes and references External links * Provinces of Rwanda Lake Kivu States and territories established in 2006 {{Rwanda-geo-stub ...
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Rusizi District
Rusizi is a district (''akarere'') in Western Province, Rwanda. Its capital is Cyangugu, the major city of the Rwandan south-west and the district contains large parts of the former Cyangugu Province. Geography, flora and fauna The district lies at the southern end of Lake Kivu, where it empties into the Rusizi River (after which the district is named). Rusizi's capital, Cyangugu, is one of the three major Rwandan lake ports of Lake Kivu (along with Kibuye and Gisenyi) and it contiguous with the much larger Congolese city of Bukavu. The district also contains the western half of Nyungwe Forest, a popular tourist destination, being one of the last remaining forest areas of Rwanda and home to chimpanzees and many other species of primate. Sectors Rusizi district is divided into 18 sectors Sector may refer to: Places * Sector, West Virginia, U.S. Geometry * Circular sector, the portion of a disc enclosed by two radii and a circular arc * Hyperbolic sector, a region encl ...
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Bugarama
Bugarama is a town in western Rwanda. Location Bugarama is located in Rusizi District, Western Province, close to the borders with Burundi (to the east) and the Democratic Republic of the Congo (to the west). It is about , by road, southwest of Kigali, Rwanda's capital and largest city, and approximately , by road, southeast of Kamembe/Cyangugu, where the district headquarters are located. Population The population of Bugarama was about 28,810 as of December 2013. Points of interest The following points of interest lie within the town limits or close to the edges of town: * Offices of Cavicon Consultants, Safkoko, FHI * The headquarters of Bugarama Sector * The International border crossing between Rwanda and the Democratic Republic of the Congo at Bugarama City * The International border crossing between Rwanda and Burundi at Ruhwa * A branch of Bank of Kigali * A branch of Banque Populaire du Rwanda * A branch of ''Ruyange Sacco'' * Cyamudongo National Forest * Bugara ...
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Cimerwa Cement Limited
Cimerwa Cement Limited (CCL) is a manufacturer of cement in Rwanda with capacity of approximately 600,000 tones per year. History The company was established in 1982, with capacity of 50,000 metric tonnes annually. It was managed by a Chinese company, CBMC, under a "build-own-operate-transfer" model. During the 1994 Rwandan genocide, plant operations were suspended and 53 employees died. In 2001, plant capacity was increased to 100,000 metric tonnes annually. In 2006, Cimerwa was privatized under the ''Rwanda Investment Group''. Ownership transferred to several Rwanda-based institutions. PPC Limited acquired a 51 percent ownership in Cimerwa, for US$69.4 million in 2013. In 2015, the company assumed a new corporate identity to reflect the new ownership. Before November 2023, Cimerwa Cement Limited operated as a 51 percent subsidiary of Pretoria Portland Cement Company (PPC Limited), a South African cement-manufacturing conglomerate, whose shares of stock are traded on th ...
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ARM Cement Limited
ARM Cement Limited, formerly Athi River Mining Limited, but commonly referred to as ARM is a mining and manufacturing company in Kenya, the largest economy in the East African Community. The company is headquartered in Nairobi and its stock is listed on the Nairobi Stock Exchange. Overview ARM Cement is one of the largest manufactures of cement in Eastern Africa, accounting for 2.6 metric tonnes annually in 2014. ARM has operations in Kenya, Tanzania, and South Africa. Products manufactured include cement, fertilizers, quicklime, hydrated lime, sodium silicate and other industrial minerals. A new factory planned in Kitui, Kenya, is expected online in three to four years and will cost an estimated US$400 million to construct. Once operational, Kitui will increase ARM Cement Limited's production capacity to 5 million tonnes annually. As of December 2013, the company's total assets were valued at US$340 million (KES:29.7 billion), with shareholders' equity of about US$94 million ...
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Tororo
Tororo is a town in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Tororo District. History Tororo was garrisoned by the Uganda Army's Air and Sea Battalion during the Uganda–Tanzania War (1978–79). On 2 March 1979, rebels loyal to Milton Obote attacked the town, whereupon part of the garrison defected while the rest was routed. Tororo was recaptured by the Uganda Army in a counter-attack two days later, though many local civilians were displaced by the fighting. A few weeks later, however, Ugandan President Idi Amin's rule throughout Uganda collapsed and the garrison of Tororo reportedly mutinied yet again. In late April 1979, the Tanzania People's Defence Force's (TPDF) 19th Battalion, 208th Brigade, moved into Tororo. They encountered no resistance. The town was largely deserted and completely looted. Journalists Tony Avirgan and Martha Honey stated that the local UA garrison had fled the city, whereas Tom Coope ...
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