Cement News tagged under: Western Cape
Western Cape provincial government challenges cement import ban10 November 2021, Published under Cement NewsSouth Africa’s Western Cape provincial government has reportedly challenged the recent decision by the National Treasury to ban the use of imported cement for state-awarded contracts, saying there was no consultation before the decision, according to Business Day. The provincial government noted that the ban is likely to cause price hikes and therefore, make projects more expensive. The move came after local cement producers argued that cheap imports were harming their businesses. The b... |
PPC first-half sales rise eight per cent, South Africa17 May 2012, Published under Cement NewsPretoria Portland Cement, South Africa’s largest cement producer, reported an eight per cent rise in first-half profit (ending March 2012) and forecasts rises in regional demand. Net income rose to ZAR369m (US$45m) in the six months through March, from ZAR343m a year earlier. Cement sales volumes declined 3% for the period under review, mainly as a result of weak demand in the Western Cape and Botswana markets. However, group revenue increased by 8% to ZAR3.529bn as a result of favourabl... |
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