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AfriSam invests in construction training programmes

To stay ahead in the industry’s war for talent, AfriSam has over the years placed skills at the forefront of its people development initiatives. With its several training programmes, the compan...
News - 16 October 2023

Zimbabwe boosts PPC sales growth

PPC has recorded a three per cent advance in sales volumes in the five months to August 2023, compared to the same period in 2022, reports The Herald Zimbabwe. According to the company, the incr...
News - 26 September 2023

PPC reports improved results in 5MFY23-24

Revenue for PPC ’s South Africa and Botswana operations (excluding Zimbabwe and Rwanda) increased by five per cent YoY in the first five months of FY23-24 (April-August 2023), supported by higher...
News - 20 September 2023

RAAC failures serve as a warning to new cements

This week's newsletter looks at the recent warnings about reinforced autoclaved aerated concrete (RAAC), which was in heavy use over the 1950-90s, but is now the subject of safety warnings across ...
News - 15 September 2023

Lucky Cement invested PKR100bn in the last few years

Lucky Cement  ( Yunus Brothers Group) has invested over PKR100bn (US$325.3m) in the past 4-5 years, which includes PKR30bn in Lucky Electric Power Co (LEPCL), PKR50bn in cement operations and PK...
News - 07 September 2023

PPC appoints new CEO

South Africa-based cement producer PPC has appointed Matias Cardarelli as its new CEO. Mr Cardarelli was employed previously as CEO and chairperson of Natal Portland Cement , part of Interce...
News - 05 September 2023

InterCement continues to downsize as it wrestles with debt

InterCement Participacoes SA (ICP), based in Sao Paulo, Brazil, continues to off-load assets as it attempts to manage a debt pile accumulated over a decade ago when the company acquired Cimpor, in...
News - 25 August 2023

Judge blocks acquisition of Tanga Cement in Tanzania

The proposed acquisition of AfriSam  subsidiary,  Tanga Cement , by Heidelberg Material 's  Scancem International DA has hit a snag as a tribunal judge ruled a decision to accept the deal to be...
News - 22 August 2023

South Valley Cement narrows loss in 1H23

Egyptian cement producer South Valley Cement has announced sales of EGP464.01m (US$15.02m) in the first half of 2023, up from EGP326.11m in the same period a year earlier. The 1H23 saw the compa...
News - 18 August 2023

Vanderbijlpark Slagment achieves 1.75m hours LTI

Leading construction material supplier, AfriSam celebrated a significant milestone at the company’s Vanderbijlpark Slagment Operation in South Africa when it achieved 1.75m Lost Time Injury (LTI...
News - 08 August 2023