Simba Cement Uganda Limited

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Simba Cement Uganda Limited
TypePrivate
IndustryManufacturer and distributor of cement
FoundedMay 2018;2 years ago (2018-05) [1]
Headquarters Tororo, Uganda
Key people
 Narendra Raval
Managing Director [1]
ProductsCement
Number of employees
~ 400 (2018) [1]

Simba Cement Uganda Limited (SCUL), also National Cement Company Uganda, is a cement manufacturer in Uganda. It is a subsidiary of National Cement Company Limited, the construction materials manufacturer based in Kenya. [2] [3] National Cement is itself a subsidiary of the Devki Group of Companies . [4] [5]

Contents

Location

The factories and main offices of SCUL are located off of the Tororo–Mbale Road, in Nyakesi Village, Nyakesi Parish, Rubongi sub-county, in Tororo District, approximately 9 kilometres (6 mi), by road north of the central business district of the town of Tororo. [6] The coordinates of the Simba Cement Uganda Limited Complex are: 0°44'05.0"N, 34°11'02.0"E (Latitude:0.734709; Longitude:34.183878). [7]

Overview

The new cement factory has an installed production capacity of one million metric tonnes annually. It was developed at an estimated cost of US$185 million. Other credible sources have estimated cost at US$199 million. [3] Commercial production started during the first half of 2018. [8] Installed capacity production is 3,000 metric tonnes daily, which translates to about 800,000 metric tonnes annually. [9]

Ownership

SCUL is a wholly owned subsidiary of National Cement Company Limited (NCCL) based in Kenya. [3] [10] The shareholding in National Cement Kenya, the parent of Simba Cement Uganda Limited, is as illustrated in the table below: [11]

National Cement Stock Ownership
RankName of OwnerPercentage Ownership
1Devki Group owned by Narendra Raval and Family85.0
2 International Finance Corporation (IFC)7.5
3IFC Subsidiary Company7.5
Total100.0

Construction

The main contractor was Mepani Technical Services Limited. The construction of the factory (excluding equipment and systems), cost an estimated US$55 million, and took two and one half years. Official commissioning took place on 29 August 2018. [1]

See also

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References

  1. 1 2 3 4 Kampala Post Reporter (29 August 2018). "Museveni Calls for Exploitation of Natural Resources as He Commissions New Cement Factory". Kampala, Uganda: Kampala Post. Retrieved 30 August 2018.
  2. ↑ Mark Keith Muhumuza (20 January 2017). "Cement companies rush to set up new plants in Tororo". Daily Monitor . Kampala. Retrieved 20 March 2018.
  3. 1 2 3 Mutegi, Mugambi (13 April 2015). "National Cement to build Sh18.5bn plant in Uganda". Business Daily Africa . Nairobi. Retrieved 20 March 2018.
  4. ↑ Nsehe, Mfonobong (20 November 2017). "Kenyan Steel Tycoon Narendra Raval To Invest $200 Million In Cement Plant". Forbes.com . Retrieved 20 March 2018.
  5. ↑ Oyagbile, Peter (13 April 2015). "Kenyan National Cement To Develop New $200 Million Plant In Uganda As Regional Competition Heats Up". Venturesafrica.com. Retrieved 20 March 2018.
  6. ↑ Globefeed.com (20 March 2018). "Distance between Tororo Post Office, Malakisi Road, Tororo, Uganda and Mukuju Church of Uganda, Uganda". Globefeed.com. Retrieved 20 March 2018.
  7. ↑ Google (20 March 2018). "Location of the Headquarters of Simba Cement Uganda" (Map). Google Maps . Google. Retrieved 20 March 2018.
  8. ↑ Ochieng, David (15 April 2018). ""Cement prices to drop to Shs 20,000 per bag" assures new cement firm". Kampala: Nile Post Uganda. Retrieved 23 May 2018.
  9. ↑ ICR Newsroom (8 May 2018). "New plants boost Uganda cement industry". Cement.com. Retrieved 30 August 2018.
  10. ↑ Khisa, Isaac (8 January 2018). "Uganda's cement industry faces glut". The Independent (Uganda) . Kampala. Retrieved 20 March 2017.
  11. ↑ Juma, Victor (4 April 2018). "IFC Commits KSh9.7 Billion In National Cement Expansion". Daily Nation . Nairobi. Retrieved 30 August 2018.CS1 maint: discouraged parameter (link)

Coordinates: 00°44′05″N34°11′02″E / 0.73472°N 34.18389°E / 0.73472; 34.18389

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