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South Africa sees pick-up in 3Q cement salesSouth African cement sales rose by 4.6 per cent to 3.39Mt in the third quarter of 2014 after contracting in the previous two quarters, industry data released by the country’s leading producer show...News - 07 January 2015 |
LafargeLafarge Africa is offering to buy out the 41.39 per cent minority in Ashaka Cement. Lafarge Africa is obliged to make the offer as it has become the new majority shareholder in Ashaka Cement follo...Corporate - 06 January 2015 |
A brightening global outlookThe construction outlook for the world is brightening. The average global growth (ex-China) should be better in 2015 1 compared to the previous year and the outlook for 2016 is better still. By Y...Articles - 06 January 2015 |
Ashaka board recommends Lafarge buy-out offer to minority shareholdersThe board of directors of Ashaka Cement has advised minority shareholders to accept the buy-out mandatory tender offer (MTO) by Lafarge Africa. Lafarge Africa has offered to buy out minority sh...News - 29 December 2014 |
South Africa: PPC names new CEOPPC has announced the appointment of Darryll Castle as executive director and CEO, effective 12 January 2015. PPC's former chief executive Ketso Gordhan resigned in September after his attempt to...News - 18 December 2014 |
PPC receives 17 nominations for non-executive director positionsPPC has received a total of 17 nominations for non-executive director positions on the reconstituted and expanded board by the 8 December 2014 closing date for nominations, Kevin Odendaal, PPC's i...News - 15 December 2014 |
Three potential candidates for PPC chief executive rolePPC is considering Darryll Castle as one of three candidates to become CEO of South Africa's biggest cement maker, a person familiar with the matter told Bloomberg. Castle, former chief executiv...News - 12 December 2014 |
South Africa: PPC receives merger offer from AfriSamSouth Africa’s leading cement producer, PPC, has received a merger offer from local rival AfriSam that would create a dominant player in the country. “The Board is considering the indicative pro...News - 11 December 2014 |
Lafarge in Ashaka buy-out offerLafarge Africa has offered to buy out minority shareholders in Ashaka Cement Plc. The move follows the merger Lafarge Africa’s Nigerian and South Africa businesses, which received approval from sh...News - 09 December 2014 |
CimporCimpor's nine-month turnover declined by 1.6 per cent to EUR1952.2m and EBITDA was off by 4.2 per cent to EUR461.1m as the Brazilian, Argentine and South African currencies declined by 10, 36 and ...Corporate - 08 December 2014 |