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South African construction index expandsAfrimat has released the findings of its Afrimat Construction Index (ACI) for the 4Q23. The ACI is a composite index of the level of activity within the South African building and construction sec...News - 04 April 2024 |
Capex falls behind targets for PPCPPC has announced that its capital expenditure fell behind targets for the period ending March 2024. This was due to a delay in the company’s fly ash project in Zimbabwe, which was announced las...News - 04 April 2024 |
Suzanne StarbuckSuzanne began her editorial career in 1997 in the shipping industry as editor of The Maritime Advocate and The Ship's Agent & Broker. During this time she travelled extensively throughout Europe...Authors - 02 April 2024 |
PPC's success in Zimbabwe is contrasted by surrounding regionsSouth Africa-based cement manufacturer PPC Cement SA (PTY) Ltd has announced that its operations in Zimbabwe are now debt free, with EBITDA improving 13.6 per cent, for the 10-month period endin...News - 29 March 2024 |
Votorantim Cimentos announces a 123% increase in net profit in 2023Votorantim Cimentos has reported a 123 per cent growth in net profit in 2023 to BRL2.6bn (US$522.7m), from BRL1.2bn in 2022. The company’s consolidated global net revenue was BRL27.7bn, increasi...News - 22 March 2024 |
Complex Ulco quarry relocation paves AfriSam’s cement futureTo guarantee its future, AfriSam has relocated the quarry of its Ulco plant in Northern Cape, South Africa. However, the project proved demanding on several fronts with technical and infrastructur...Articles - 19 March 2024 |
Southern African transitionsThe cement markets of southern Africa have been gradually transitioning into more competitive areas with new investments. ICR reviews the young markets of Angola and Zambia as well as the more est...Articles - 18 March 2024 |
AfriSam annual budget discussion centres on sluggish construction sectorAfriSam recently gathered its stakeholders for its Annual Budget Breakdown event in Johannesburg, to hear insights on the construction sector and budget speech. Econometrix Chief Economist, ...News - 05 March 2024 |
A more concise InterCement ParticipaçoesThe last year has seen InterCement Participacoes (Mover) work hard to divest parts of its cement business to lower its debt. It is now being courted by several leading cement producers that are lo...News - 01 March 2024 |
Holcim posts record results in 2023Holcim has posted record results in 2023 with full-year net sales of CHF27,009m (US$30,662m), compared to CHF29,189m in the previous year. Recurring EBIT over the same period advanced from CHF47...News - 28 February 2024 |