Page 2 - John Bugunya News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Editor — December 15, 2020 comments off Globally, 2020 was a year ripe with challenges affecting everything from industries, businesses, and individuals. Rwanda’s cement manufacturer, CIMERWA Plc,  experienced its own share of COVID induced challenges. However, in spite of this, it is ending the year on a positive note. Addressing the media at CIMERWA’s Annual Financial Report Roundtable held at the Kigali Serena Hotel, CIMERWA CFO – John Bugunya shed light on the company’s financial performance. “The company was able to record strong Earnings before Interest Tax Depreciation...

Taarifa Rwanda Published 3 months ago 0share Rwanda’s sole cement manufacturer announced on Monday afternoon that it had managed to collect Rwf63.1 billion in revenues despite the effect of Covid-19 pandemic to the economy. The firm said the revenue growth registered represented a 1% margin. CIMERWA’s CEO, Albert Sigei, said the company is satisfied with the results because such an achievement is benchmarked against results posted by other firms regionally and locally who are recording negative double digit growth. “This year has been challenging but we had to navigate through over the...