AfriSam CEO: AfriSam's new Lesotho plant to help country's growth
AfriSam cement manufacturing plant in Lesotho will add to the growth prospects of the country, AfriSam CEO, Stephan Olivier, says of the newly-commissioned 0.2Mta cement plant.
Afrisam
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PPC will strengthen its hand with AfriSam merger
The focus of a potential merger in South Africa between two major cement producers caught the eye this week. PPC and AfriSam already have a significant stake in the country’s ce...
PCC and AfriSam in merger talks
PPC is in merger talks with its nearest competitor, AfriSam Group, seeking to overcome valuation disagreements that prevented the completion of previous tie-up efforts, accordin...
Consolidation needed in South African market claims PPC chief
Darryll Castle, chief executive of PPC, has said that he believes there are too many cement companies operating in South Africa, adding that necessary consolidation would leave ...
South Africa: AfriSam to encourage enterprise development in Bafokeng
At a ceremony held at Phokeng, North West Province, AfriSam and New Business Consulting, a 100 per cent Broad-Based Black Economic Empowerment (B-BBEE) Bafokeng-owned company, s...
AfriSam breaks ground on new Lesotho facility
AfriSam has broken ground on a blending and packing facility with an initial capacity of 0.2Mta at the company’s existing distribution centre in Maseru, Lesotho, South Africa. C...
PPC and AfriSam call off merger talks
South African cement producers PPC and AfriSam have called off merger talks after they could not reach a consensus on the terms, both the companies said on Friday. Last December...
PPC continues to study AfriSam proposal, South Africa
PPC said that its board is continuing to consider the indicative non-binding proposal from AfriSam Group for a merger between the two South African cement producers.
PPC
PPC’s earnings in the six months to the end of March 2015 could tumble by between 25 and 45 per cent YoY, according to a recent company trading statement. Despite positive cemen...
South Africa: PPC receives merger offer from AfriSam
South 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 t...