Last Updated 15 years ago by Kenya Engineer
Following the 2010 profits roll back due principally to the disappointing performance of its Tanzanian unit and high metal prices East African Cables has set its sights on its expanded capacity and new products to drive growth.
The company has already commenced production of aerial bundled conductors which are much safer and environmentally friendly for power transmission. . In addition it has introduced crosslink polyethylene cables (XPLE) which have the ability to carry more current for the same size of cable compared to PVC cables have better strength at higher temperatures. The company has also commenced manufacture of halogen Flame Retardant cables which is the first for any cable manufacturer in the region.
Besides its new cables, the company will be moving to entrench ifs market footprint in key East, Central and Horn of Africa countries including Burundi, , Eastern DRC, and Southern Sudan this year . The additional capacity commissioned on January 2011 now positions the company to capture growing demand in these markets.
Speaking during an investors briefing session for the firm’s stakeholders , the Chief Executive Officer Mr Mwangi confirmed the production of ABC conductors and XLPE cables is now underway and following the successful completion of development of development tests. We have had an excellent market response first few months and the products will no doubt drive our growth this year.
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