Industry & AnalysisMining/Oil & GasThe Big Story

Hima Cement investor, Sarrai Group takes over Kilembe Mines with UGX 46 billion in accumulated losses 

by Paul Murungi
Energy and Minerals Minister Ruth Nankabirwa (in blue) flanked by State Minister for Minerals Phiona Nyamutoro, State Minister for Investment Evelyn Anite (second right), Energy Ministry Permanent Secretary Irene Batebe (far left) and Sarrai Group representative (far right) among other officials during the signing of the mineral production sharing agreement on March 3rd in Kampala.

Hima Cement investor, Sarrai Group is set to take over and re-develop Kilembe Mines based in Kasese District after signing a new agreement with the government. Hima Cement which is also…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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