PPC 1H17 earnings strong on robust Zimbabwe and Rwanda sales
South Africa’s PPC Ltd reported in its inaudited 1H17 accounts a 36 per cent YoY rise in first-half earnings, supported by a strong performance in Zimbabwe and Rwanda. Headline ...
Rwanda
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Will ARM secure a firmer financial footing?
The increasing trend of African sector mergers reflects the tightening economic pressures on African cement producers and their challenging prospects going forward. In the past ...
PPC raises prices and volumes
South Africa-based cement producer PPC said it improved effective selling prices in its South African cement business and is steadily increasing output at its operations in the ...
PPC Zimbabwe achieves record cement volumes
PPC has recorded the highest production volumes in Zimbabwe for the first time in 18 years following the opening of its new US$82m grinding plant in Harare.
PPC 1Q17 results in line with expectations
PPC revenue for the period ended 30 June 2017 (1Q17) is ahead YoY while group EBITDA is in line with the year-ago period. The advance has been attributed to good cost management.
CIMERWA launches bulk cement service
Rwanda’s sole producer of cement, CIMERWA, on Friday introduced its bulk cement offering whic will see customers receive cement directly at their construction sites without the ...
FLSmidth signs cement grinding plant contract in Rwanda
FLSmidth confirmed it has signed a contract with Prime Cement Ltd for engineering, procurement and supply of equipment for a full-scope cement grinding plant with a capacity of ...
Prime Cement plans new Rwandan plant
Cement industry newcomer, Prime Cement, plans to construct a US$65m plant in Musanze District, Northern Province, Rwanda. Cement consumption in the eastern African country is ex...
Rwanda: new CEO of Cimerwa and PPC Gauteng business unit executive
Former General Manager of PPC Cement’s Hercules and Jupiter operations in Gauteng, Bheki Mthembu, has been appointed the CEO of Cimerwa in Rwanda. Meanwhile, Kevin Odendaal will...
PPC
Improved cement sales in South Africa and growing volumes in Rwanda resulted in PPC reporting a 13 per cent increase in group cement sales in the six months ending 30 September ...