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...
Rwanda
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CIMERWA posts 6M revenues of RWF44bn
CIMERWA Plc ( PPC Group ) has announced a RWF5.2bn (US$5m) net profit in the six months for the period ended 31 March 2022 with total revenue of RWF44bn, indicating a 45 per cen...
Reducing methane emissions
As the cement industry prepares to meet its sustainability objectives, this month’s Technical Forum focusses on the potential of methane as an alternative to coal in firing kiln...
CIMERWA posts a 7% revenue increase
Rwanda's CIMERWA has registered an after-tax profit of RWF4.1bn (US$3.95m) for the year ended September 2021, up 115.8 per cent compared to RWF1.9bn in the previous year. Revenu...
Tanga port receives large clinker consignment
Tanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commissioner, ...
Scaling up for growth Premium
Cement producers do not just manufacture cement, they need to sell it too. So what happens when a new equity partner invests in the company with a plan to increase factory outpu...
Financial restructuring positions PCC for long-term recovery
Competent management is transforming PPC's prospects for the better. Under CEO Roland van Wijnen, the company has deconsolidated the company's Democratic Republic of Congo (DRC)...
Cimerwa announces 14% rise in revenue
Rwanda’s Cimerwa has announced a 14 per cent YoY increase in revenue to RWF30bn (US$30.07m) for the first half of the financial year, ended 31 March 2021. The company’s profit a...
Cimerwa reports revenue increase in FY19-20
Rwanda’s Cimerwa has seen its revenue increase one per cent YoY to RWF63bn (US$63.79m) in the financial year ended September 2020. Profit after tax reached RWF1.9bn, while EBITD...
PPC sees rise in sales volumes in the 3Q20
South Africa’s PPC has announced that its cement sales volumes increased 20-25 per cent YoY in the third quarter of 2020. "This trend has continued in October with strong cement...