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Cimpor

Cimpor's first-half turnover improved by 2.6 per cent to EUR920.9m, while EBITDA declined by 2.6 per cent to EUR165.7m. The amortisation and provision charge dropped from EUR527.9m to EUR284.3m as...
Corporate - 10 October 2017

Geometrica’s jubilee showcase

This year marks a milestone anniversary for architectural, industrial and bulk storage specialists Geometrica. Providing structures for the cement industry for 25 years, the company reflects on so...
Articles - 05 October 2017

Prudential Investment Managers advise against AfriSam merger with PPC

Prudential Investment Managers, one of the top three shareholders in PPC, says it opposes a proposed merger between South Africa's largest cement group and its unlisted South African rival AfriSam...
News - 03 October 2017

PPC raises prices and volumes

South Africa-based cement producer PPC said it improved effective selling prices in its South African cement business and is steadily increasing output at its operations in the rest of Africa. ...
News - 29 September 2017

Dangote

A bidding war for PPC is underway after Dangote Cement submitted a takeover deal of cash and shares to the company last week. The offer comes after PPC received a joint offer from its domestic riv...
Corporate - 25 September 2017

Cape Lime business to boost Afrimat's earnings

Aggregates and building materials supply company Afrimat, based in Durbanville, Western Cape, South Africa, expects to see higher profit contributions from its Cape Lime business going forward. ...
News - 25 September 2017

Tanzania is the latest price-pressured African market

While South Africa's cement market is wrapped up in merger talk and oversupply, and Ghana's cement industry is crying out for protection against low imports, Tanzania is the latest African count...
News - 22 September 2017

PPC Zimbabwe's MD vows recent investments will come good

PPC Zimbabwe's Managing Director, Kelibone Masiyane, has spoken out on the long-term commitment to the local cement market and on its recent Harare and Colleen Bawn investments. PPC Zimbabwe has...
News - 21 September 2017

Dangote confirms "preliminary talks" with PPC

Talks between Dangote Cement and PPC regarding the possible acquisition of PPC by Dangote are in a "preliminary stage", according to the Nigeria-based cement producer, confirming news reports ear...
News - 15 September 2017

AfriSam wins two SARMA awards

South African cement producer AfriSam dominated at the recent Southern African ReadyMix Association (SARMA) awards by winning two of the four accolades bestowed on the industry’s top performers fo...
News - 15 September 2017