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Zimbabwe drives PPC's positive outlookSouth Africa’s PPC has said it expects positive earnings for the six months ended 30 September, 2023. According to news service Pindula, the company has forecast a growth rate of 25.5-26.5 per c...News - 14 November 2023 |
Sephaku Holdings' profit eroded by rising costsSephaku Holdings (Sephold) reported revenue of ZAR626.6m (US$33.44m) in the six months ended 30 September 2023, marking a 19.7 per cent YoY improvement. However, net profit after tax over the sa...News - 14 November 2023 |
Votorantim Cimentos posts 36% profit growth in 3Q23Votorantim Cimentos has posted revenue of BRL7.4bn (US$1.51bn) in the third quarter of 2023, down three per cent compared to the same period a year earlier. The decline has been attributed to “m...News - 10 November 2023 |
Afrimat's acquisition of LSA gets Commission approvalSouth Africa’s Competition Commission has approved Afrimat’s acquisition of Lafarge SA , subject to a number of conditions. The deal, which is worth nearly ZAR1bn (US$54.59m), was found to raise ...News - 08 November 2023 |
Egypt: controlling the variablesEconomic headwinds are exerting pressure on Egyptian cement producers and end-users. The cement sector is now playing a game of controlling the variables having introduced a production quota syste...Articles - 06 November 2023 |
Dangote posts 53% YoY rise in revenue in 3Q23Dangote Cement Plc has reported revenue of NGN563.77bn (US$703.77m) in the third quarter of 2023, up 52.7 per cent compared to the same period in the previous year. Gross profit over the same pe...News - 30 October 2023 |
CEMEX reports 32% jump in EBITDA in 3Q23CEMEX has reported nine per cent YoY growth in sales for the third quarter of 2023. EBITDA over the same period advanced by 32 per cent, while the EBITDA margin expanded by 3.5 percentage points...News - 27 October 2023 |
Global aggregates: recovering, resilient and sustainableIncreasingly resilient, the global aggregates market is recovering from the COVID-19 pandemic. Moreover, as shown in a recent meeting of the Global Aggregates Information Network (GAIN TM ), the i...Articles - 24 October 2023 |
PPC Zimbabwe managing director steps downPPC Zimbabwe Ltd has announced the resignation of its managing director, Kelibone Masiyane. Mr Masiyane joined the company in 1994 as a trainee electrical engineer at the Colleen Bawn plant, b...News - 19 October 2023 |
PPC opens new Highveld blending plantSouth Africa’s PPC has opened its new Highveld blending plant in Emalahleni in the Mpumalanga province. According to the company, the new facility demonstrates PPC’s ongoing commitment to improv...News - 18 October 2023 |