PPC reports improved earnings in 10MFY25-26
PPC Ltd has reported a continued improvement in financial performance in the first 10 months of its financial year, with earnings supported by operational gains in both South Af...
Botswana
31 posts · Page 1 of 4
Dangote Cement expands into Botswana with US$336m plant
Nigeria’s Dangote Cement Plc is expanding into Botswana with a US$336m investment to build a blending plant — part of its wider continent-wide growth strategy. The project, anno...
Ohorongo Cement takeover speculation sparks Namibian monopoly fears
An at tempted takeover of Schwenk Namibia ( Ohorongo Cement ) by rival Whale Rock Cement is facing strong opposition from stakeholders who fear it could create a monopoly in the...
PPC cement sales fall in 4M24-25
PPC cement sales declined 4.6 per cent in South Africa and Botswana in the first four months of FY24-25. However, revenue increased by 1.6 per cent YoY, supported by a 5.5 per c...
PPC signs agreement with Sinoma
PPC has signed an agreement with Sinoma Overseas Development Corporation to transform PPC’s operations in South Africa, Zimbabwe and Botswana. According to Engineering News, the...
Botswana to boost production by 20% by September
Cement production in Botswana is expected to increase by 20 per cent in preparation for new import restrictions being introduced by the country’s government from the strat of Oc...
Botswana to restrict cement imports
Botswana’s government plans to introduce new restrictions for the import of cement in 50kg bags and only allow 1000kg bags from 1 October 2024, according to the Minister of Trad...
PPC reports 21% advance in revenue in 1HFY24
PPC has posted revenue of ZAR6172m (US$335.2m) in the 1HFY24 (ended 30 September 2023), up 20.9 per cent YoY. EBITDA advanced from ZAR728m in the 1HFY23 to ZAR1069m in the same ...
PPC expects drop in South Africa and Botswana sales volumes
South Africa-based PPC forecasts a 4-7 per cent drop in sales volumes in its domestic market and Botswana for the 12 months ending 31 March 2023, according to Reuters. To protec...
PPC posts 23% drop in EBITDA
PPC Ltd , which is currently finalising its results for the six months ended 30 September 2022, has posted a 23 per cent YoY drop in EBITDA to ZAR728m (US$42.1m) in the six mont...