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  • News items and announcements for the year: 2011

     

    Anchor investors in the East African Cables Group (with production facilities in Kenya and Tanzania, and additional sales presence in Uganda, Rwanda, Burundi) and Kewberg Cables and Braids (Pty) Limited (located in Johannesburg, South Africa) with a large shareholding in Metal Fabricators of Zambia in Luanshya adds the Democratic Republic of Congo to its electrical and power cable manufacturing platform.

    Trans-Century Limited (TCL) has started up its newest acquisition in the electrical and power cable manufacturing sector, Cableries do Congo SPRL, in Kinshasa, the capital of the Democratic Republic of Congo (DRC).Cableries du Congo is the only manufacturer of cable in the country and in addition to meeting increasing demand for high quality and trusted electrical and power cables from the national utility SNEL, industrial , and retail customers in Kinshasa, the recently refurbished facility positions the Trans-Century electricals platform to supply distributors in the DRC and growing markets of Caneroon and parts of Angola. Trans-Century plans to invest significantly in increasing the capacity of the plant to meet the highly under-served demands of the customers in the region.

    "Cableries du Congo is committed to providing our customers in the DRC and nearby markets with the best products and of the highest quality and be part of the countrys reconstruction and continued general economic development, " said Zephaniah Gitau Mbugua, Chairman of the Cableries du Congo SPRL. He added, "This addition to the Trans-Centurys electrical and power cables family of companies affirms TCLs commitment to investing in Africa and we want to play a role in connecting the lives of all our customers using locally available raw materials and contributing to the strong economic revival of the Democatic Republic of Congo.

    Other News for the year 2011
    2/8/2011 RVR Secures USD287M Financing Package to Unlock 5-year Turnaround Programme (RVR Press Release) Download
    28/7/2011 Rift Valley Railways Secures ADB loan Download
    14/7/2011 East African Cables profits re-bound Download
    19/5/2011 TransCentury Subsidiary Acquires Zambian Electrical Engineering and Transformer Supplier Download
    11/4/2011 2010 Annual Report and Financial Statements Download
    28/3/2011 Trans-Century Appoints New Chairman Download
    13/05/2011 Trans-Century Acquires Plant in the Democratic Republic of Congo Download
    28/3/2011 Trans-Century Group announces new appointments Download
    11/4/2011 TCL Releases 2010 Financial Results Download
    OTHER NEWS