AfriSam awaits government infrastructure spending
The outlook for South Africa’s struggling construction industry remains uncertain, hovering between the massive infrastructure expenditure figures being publicly mooted and the ...
South Africa
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PPC in talks to sell Zimbabwe business
PPC Ltd is reportedly in talks to sell its Zimbabwe business. According to Bloomberg, discussions are at an early stage and no potential buyers have been named as yet. PPC is be...
Lafarge Cement Zimbabwe appoints new Acting CEO
Lafarge Cement Zimbabwe Ltd has appointed Innocent Zulu Chikwata as Acting Chief Executive, effective from 1 December 2022. Mr Chikwata has 16 years experience in the fast-movin...
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...
Sephaku Holdings posts net profit after tax of ZAR26.7m
Sephaku Holdings (Dangote Group) has posted net profit after tax of ZAR26.7m (US$1.54m) for the six months ended 30 September, building on the net profit after tax of ZAR17.8m i...
Lafarge Cement Zimbabwe expects to double cement production volumes in 2023
Lafarge Cement Zimbabwe is planning to double its cement production volumes in 2023 following the expected 4Q22 startup of its new vertical roller mill. “The commissioning proce...
PPC Group revenues rise 9%
PPC's group revenues, excluding Zimbabwe, for the five months ended August 2022, increased by nine per cent, driven by robust demand in Rwanda but impacted by hyperinflation acc...
Lafarge Zimbabwe Cement's new mill awaits hand-over
Lafarge Zimbabwe has completed the construction of a new mill that will double its cement manufacturing capacity at its Manresa plant , but it cannot use the new grinding system...
Cheetah Cement Botswana to reduce country's cement imports
Cheetah Cement Botswana (Pty) Ltd, which includes investment from Chinese backers, has promised to play a crucial role in helping Botswana cut its cement imports to zero. Botswa...
Dangote Cement's regional volumes fall by 11% in 1H22
Dangote Cement 's pan-African volumes reduced by 11 per cent to 4.9Mt from 5.5Mt in the 1H22 due to increased supply chain challenges and maintenance activities. The best-perfor...