Ohorongo Cement sale blocked by competition commission
The Namibian Competition Commission has reportedly blocked the NAD1.5bn (US$86.67m) sale of Schwenk Namibia, which manages and owns 69.8 per cent of Ohorongo Cement, to West Chi...
Namibia
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Competition Commission to hold public consultation on Ohorongo Cement sale
The Namibia Competition Commission has advised that members of the public can contribute their views on the proposed sale of Ohorongo to West China Cement. Members of the public...
Ohorongo Cement to be acquired by West China Cement
Namibia's Ohorongo Cement is set to be acquired by West China Cement for US$104m, following an agreement made on 3 January. The takeover is expected to completed soon but is sub...
Ohorongo Cement sees value in charcoal fines
Ohorongo Cement in Namibia has partnered with Carbo Namibia, a Namibian manufacturer and exporter of charcoal products, in an attempt to increase its energy saving initiatives a...
Ohorongo Cement plans to reduce bulk road transport
Namibia-based Ohorongo Cement has extended its partnership with Transnamib to reduce its use of road transport in the moving of bulk materials around the country. Transnamib has...
International Cement cancels US$144m deal to buy Schwenk Namibia
International Cement Group (ICG) has cancelled its proposed US$10.4.4m acquisition of Schwenk Namibia, according to a bourse filing on Monday. The deal, first announced in March...
Namibia cement demand remains weak
Competition between cement producers has brought down prices as domestic demand remains fairly low when compared with increasing supply, according to First Capital. In March 201...
Schwenk Zement to exit Namibia
This week, ICR learned that the Namibian cement market was in the process of change with Schwenk Zement's 0.7Mta Ohorongo plant now expected to come under control of Internation...
Schwenk Zement to exit Namibia
This week, ICR learned that the Namibian cement market was in the process of change with Schwenk Zement's 0.7Mta Ohorongo plant now expected to come under control of Internation...
Whale Rock Cement starts sourcing local clinker
Namibia's Whale Rock Cement, producer of the Cheetah Cement brand, has started to source clinker locally after initially sourcing it from Egypt, according to Zedekias Gowaseb, c...